Flagstar Bancorp, Inc. operates as the holding company for Flagstar Bank, a federally chartered stock savings bank. Flagstar is the largest publicly traded savings bank headquartered in the midwest United States. Flagstar is also a leading mortgage lender and a national leader in the wholesale mortgage business. The bank was chartered in 1987 under the name First Security Savings Bank, FSB. A small savings bank in nearby Jackson, Michigan, Security Savings Bank, was purchased in 1994. The banking charters of First Security Savings Bank and Security Savings Bank were merged in 1996, and the bank was renamed Flagstar. An initial public offering for Flagstar Bancorp, Inc. common stock was held in April 1997, and listed on the NASDAQ Stock Market under the symbol FLGS. The company's securities' listings moved to the NYSE on July 13, 2001.
The mission of the Tour de Troit is to promote and encourage bicycling and bicycle safety through education, public events, collaboration with community and government organizations and support for non-motorized infrastructure. The Tour de Troit, the city’s largest cycling event, raises awareness of biking as a mode of transportation and publicizes the growing greenways network in the City of Detroit and all of Southeastern Michigan. Tour de Troit also produces and supports other events that promote a healthy lifestyle and city.