In 2023, the bank operated 395 branches in New York, Michigan, New Jersey, Ohio, Florida, Arizona and Wisconsin.

[15] In December 2009, the Federal Deposit Insurance Corporation seized AmTrust, a bank headquartered in Cleveland, OH with 66 branches and $13 billion in assets in Ohio, Florida and Arizona.

[18] In March 2010, Desert Hills Bank of Phoenix, Arizona, with $496 million in assets, was seized by the FDIC and acquired by NYCB.

[24] NYCB pulled out of its naming rights contract in late August 2020 due to uncertainty surrounding the property after a June 2020 closure and subsequent new leaseholder.

In March 2024 Joseph Otting was appointed a new CEO after NYCB secured $1 billion equity injection from the investment firm run by former Treasury Secretary Steven Mnuchin, Hudson Bay Capital and Reverence Capital, at 2$ a share[32] NYCB stock had previously plummeted in late February after the bank announced a $2.4 billion December quarter earnings hit.

[34] On October 15, 2024, New York Community Bancorp officially rebranded to Flagstar Financial, and changed its stock ticker from NYCB to FLG.