Flagstar Announces $100 Gas Card With New Checking Accounts

Troy, MI (PRWEB) April 3, 2008 -- Flagstar Bank has announced a new program offering a free $100 gas card (https://www.flagstar.com/publish/fbc/fsb/en/www/AdvertisingPromoLanding.html) to anyone opening a new checking account with a monthly direct deposit of income of at least $250.*

The offer now is available to new checking account customers who open accounts online at Flagstar.com (http://www.flagstar.com), as well as new accountholders in Flagstar's banking states of Michigan, Indiana and Georgia.

"With gas prices front and center on everyone's mind, we thought this would be a great way to reward customers for opening a new checking account with us," said David Joyce, director of Marketing for Flagstar Bank. We call it "checking that goes the extra mile."

Flagstar Bank (http://www.flagstar.com) offers a variety of checking accounts ranging from Free Checking to eChecking. Joyce said the gas card is an added bonus for opening one of Flagstar's highly competitive checking accounts.

Flagstar Bank is a subsidiary of Flagstar Bancorp (NYSE: FBC), a bank holding company headquartered in Troy, Mich. With $15.8 billion in assets, Flagstar Bancorp is the largest publicly held savings bank headquartered in the Midwest. At December 31, 2007, Flagstar operated 164 banking centers in Michigan, Indiana and Georgia and 143 home loan centers in 27 states. Flagstar Bank originates home loans nationwide and is one of the leading originators of residential mortgages.

*$100 gas card available for new checking account customers only (no existing Flagstar checking account). For a limited time, open a new personal checking account with an automatic, recurring direct deposit of at least $250 per month, and we'll give you a $100 gas card within 30 days after the first recurring direct deposit. Minimum opening deposit is $50. Direct deposit must be established within first 60 days of account opening. All accounts must remain open and active for a minimum of six months. If checking account is closed within the first six months, Flagstar reserves the right to reclaim the value of the gas card. Flagstar reserves the right to substitute items of equal value. Offer not good in conjunction with any other coupons or checking account offers. Some restrictions apply. Limit one $100 gas card per customer per account. Offer subject to change or cancellation at any time without notice.

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