ATLANTA, July 23 /EMWNews/ -- Flagstar Bank today opened a

new banking center 4780 Sugarloaf Parkway in Lawrenceville, Ga. Hours at

the banking center are 8:30 a.m. to 5:30 p.m. Monday through Friday, 8:30

a.m. to noon Saturday and noon to 4 p.m. Sunday. The drive-up is open 7:30

a.m. to 7:30 p.m. weekdays, 8:30 a.m. to 4 p.m. Saturday and noon to 4 p.m.

Sunday. 24-hour ATM access is available.



    Flagstar Bank is a subsidiary of Flagstar Bancorp (NYSE: FBC), a bank

holding company headquartered in Troy, Mich. With $14.6 billion in total

assets, Flagstar Bancorp is the largest publicly held savings bank

headquartered in the Midwest. At June 30, 2008, Flagstar operated 170

banking centers in Michigan, Indiana and Georgia and 121 home loan centers

in 26 states. Flagstar originates home loans nationwide and is one of the

leading originators of residential mortgages. For more information, please

visit http://www.flagstar.com .