Flagstar Bank Opens New Website, Offers Competitive Money Market Rate

Posted in Banking, Local Banks, Money Market, Rates

FlagstarDirect.com is the new internet bank website recently opened by Flagstar Bank that offers new online applications for various accounts, including an impressive 1.82% APY Express Money Market Account rate and a corresponding online application.


The specifics of the money market account include:

  • No minimum balance requirement
  • Free checks for life
  • Visa debit card
  • Free postage-paid deposit envelopes
  • Fee-free access to certain ATMs all 50 states

The minimum initial deposit to open is $1.

The site's Express Internet Checking account offers tiered rates started at 0.15% APY for up to $25k. The CD accounts offer rates as high as 3.00% APY for a 3-year term.

>> Money Market Accounts

Other Terms and Conditions may apply to this offer - please contact the financial institution to review.




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