Signature Bank | 20,162 followers on LinkedIn. On March 20, 2023, Flagstar Bank, N.A (“Flagstar”), the wholly owned subsidiary of New York Community Bancorp Inc. (“NYCB”), Hicksville, New York, acquired $12.9 billion of Signature Bank’s loans and assumed $38.4 billion in deposits. Flagstar also acquired all 40 of Signature’s branches, which are now operated under the Flagstar name.