Flagstar Bank, N.A. (NYSE: FLG) appointed Eli H. Miller, Senior Managing Director at Liberty Strategic Capital, to its Board of Directors effective April 1, 2026, according to a company statement.

Miller currently serves as a Senior Managing Director at Liberty Strategic Capital, where he participates in setting strategic direction, leading fundraising efforts, and making investment decisions as a member of the firm's Investment Committee. Previously, he worked as Managing Director of Government Relations at Blackstone Inc. from April 2019 to April 2021, focusing on public policy and portfolio companies.

From February 2017 to April 2019, Miller served as Chief of Staff at the U.S. Department of the Treasury, managing daily operations and advising on policy development across the Department, other agencies, and the White House.

The appointment aligns with terms of an investment agreement dated March 7, 2024, between the bank and funds managed by Liberty Strategic Capital.

"His appointment represents a significant addition to our board as we execute our strategic plan and continue our transformation into a top-performing regional bank," said Joseph M. Otting, Executive Chairman, President, and CEO.

Flagstar Bank is headquartered in Hicksville, New York, and reported $87.5 billion in assets, $61.0 billion in loans, $66.0 billion in deposits, and $8.1 billion in total stockholders' equity as of December 31, 2025. The bank operates approximately 340 locations across ten states.