Find current information on Flagstar Bank fees to compare their costs and services with other bank fees to find the right checking account to match your budget and needs.

Checking accounts are a service that is extremely valuable for consumers but are often service that end up costing more than most account holders believe.  Banks are frequently collecting more bank fees off the top of customers’ accounts in the form of service charges.  Fortunately, consumers have lots of resources to compare bank fees, bank products and bank service to find the best account or account to serve their needs.  With a little comparison shopping, consumers can reduce the bank fees and costs without sacrificing services. 

Flagstar Bank has over $14 billion in total assets, is one of the top 100 largest banks in the nation and the largest bank in the state of Michigan.  Flagstar Bank is headquartered in Troy and operates over 100 bank branches across the state.

Current bank fees for deposit accounts at Flagstar Bank:

Flagstar Bank ATM Fees:

Flagstar Bank operated ATMs withdrawals have no fee.
Flagstar Bank operated ATMs have no fee for balance inquiries, transfers or deposits.

Account holders that use an ATM not owned by Flagstar Bank, may be charged a fee by the ATM operator or network used including a fee for a balance inquiry even if there is no corresponding funds transfer along with the following fees.

A non-Flagstar Bank domestic ATM withdrawal fee is $2.50.
Non-Flagstar Bank domestic ATM balance inquiry fee is $2.50 as is the fee for deposits, transfers and withdrawals.

Flagstar Bank Bounced Check Fees:

The nonsufficient or Insufficient (NSF) funds charge is $35.00 per occurrence.
The categories of transactions for which an overdraft fee may be imposed at Flagstar Bank include; checks, in-person withdrawals, ATM withdrawals or other electronic transactions.

The bank fee for checks paid against nonsufficient or insufficient funds as well as for checks paid against uncollected funds is $35.00.

The bank fee for consecutive days overdrawn (OD) is $15.00.
The consecutive days overdrawn fee is for each day after the first five banking days the account is in the negative.  This fee applies only to Flagstar Bank checking accounts not enrolled in the bank’s Bounce Protection and that are $10.00 or more overdrawn in the negative.

There is bank fee for extended consecutive days overdrawn (OD) in the amount of $7.50.
This fee is for each day after first thirty four banking days the account is in the negative and applies only to Flagstar Bank checking accounts that are $10.00 or more overdrawn in the negative.

The bank fee for deposit overdraft (OD) protection transaction fee is $15.00.
This is charged per transfer between eligible deposit accounts.

The charge for a returned deposited check is $10.00.

Flagstar Bank Wire Transfer Fees:

Wire transfer fee for an incoming wire is $10.00.
The outgoing wire transfer fee is $25.00
There is no charge for incoming wire transfers on Internet based checking accounts.
The Flagstar Bank international incoming wire fee is $10.00.

Miscellaneous Flagstar Bank Fees:

The bank fee for an account closed within 180 days of opening is $15.00.

There is an account inactivity fee that is levied per month of $10.00.
An account is considered inactive if no deposits or withdrawals have been made for six months.  This bank fee does not apply to bank CDs, IRAs, MMAs, or Minor Savings accounts at Flagstar Bank.  The fee is charged on personal demand deposit accounts with a balance of less than $1,000.00 and personal savings accounts with a balance of less than $100.00.

Copy of a check has a fee of $2.00.

The fee for a levy, garnishment, child support or other legal action attached to an account is $100.00.

The Flagstar Bank stop payment fee is $35.00.

The cost for a cashier’s check is $6.00.
Money orders have a fee of $4.00 for bank customers.

Safety box rental fees vary depending on the size of the box, for a 3″ x 10″ box the fees is $50.00 per year.

The bank fee information presented is believed to be reliable, but may have changed since this publication date, the information is not guaranteed. 

More information on the current bank fees at Flagstar Bank as well as the bank’s products and services can be obtained by calling the bank directly at (800) 642-0039.

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