Flagstar, a savings and loan holding company, completed the acquisition of 52 retail bank branches from Wells Fargo, a diversified, community-based financial services company. Financial terms were not disclosed. "We are excited to welcome the customers and employees of the 52 Wells Fargo Bank branches who joined the Flagstar family over the weekend. We are eager to bring Flagstar's brand of custom-crafted banking solutions to our new customers—all delivered by our new team of talented bankers. They share our tradition of superior customer service and commitment to the community. Our thanks to the teams on both sides who worked so hard to bring this transaction to a successful conclusion," Alessandro DiNello, Flagstar President and CEO.