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Flushing Bank Has Plans to Open a New Location on Sutphin Boulevard in Jamaica, NY

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Flushing Financial Corporation (Nasdaq: FFIC) announced the opening of a new full-service branch at 89-12 Sutphin Boulevard, Jamaica, NY, set to launch later this month. President and CEO John R. Buran highlighted the expansion as part of their Universal Banker model, offering innovative services like Appointment Banking and Video Banker. The bank aims to enhance customer access through digital services and reinforce its commitment to the diverse communities in the New York Metropolitan area.

Positive
  • Opening a new branch in Jamaica, NY, will enhance market presence.
  • Introduction of innovative services such as Appointment Banking and Video Banker.
  • Commitment to community engagement and support.
Negative
  • None.

UNIONDALE, N.Y., Dec. 04, 2020 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced that the Bank plans to open a new location at 89-12 Sutphin Boulevard, Jamaica, NY.  This full-service branch will be opening later this month.

John R. Buran, President and CEO of Flushing Bank, stated: “This new Jamaica location will expand our presence in Queens and showcase our Universal Banker model with unique services including our Appointment Banking and Video Banker. We are excited to continue our planned expansion of this new way to bank and introduce our enhanced digital services that provide customers with mobile access to their accounts wherever and whenever they choose. Flushing Bank has a long history of serving the diverse, multicultural markets of the New York Metropolitan area. As a community bank, we believe it is important to give back and demonstrate our commitment by sponsoring cultural and local organizations through financial and volunteer support. We look forward to building upon this commitment to serve the individuals, families, and businesses of Jamaica and the surrounding communities.”

About Flushing Financial Corporation

Flushing Financial Corporation (Nasdaq: FFIC) is the holding company for Flushing Bank®, a New York State—chartered commercial bank insured by the Federal Deposit Insurance Corporation. The Bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, equipment finance, and cash management services through its banking offices located in Queens, Brooklyn, Manhattan, and on Long Island. As a leader in real estate lending, the Bank’s experienced lending teams create mortgage solutions for real estate owners and property managers both within and outside the New York City metropolitan area. Flushing Bank is an Equal Housing Lender. The Bank also operates an online banking division consisting of iGObanking.com®, which offers competitively priced deposit products to consumers nationwide, and BankPurely®, an eco-friendly, healthier lifestyle community brand.

Additional information on Flushing Bank and Flushing Financial Corporation may be obtained by visiting the Company’s website at flushingbank.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this Press Release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors discussed in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019 and in other documents filed by the Company with the Securities and Exchange Commission from time to time. Forward-looking statements may be identified by terms such as “may”, “will”, “should”, “could”, “expects”, “plans”, “intends”, “anticipates”, “believes”, “estimates”, “predicts”, “forecasts”, “goals”, “potential” or “continue” or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.

Contact:
Maria A. Grasso
Senior Executive Vice President, Chief Operating Officer
Flushing Bank
718-961-5400


FAQ

When is the new FFIC branch opening in Jamaica, NY?

The new FFIC branch at 89-12 Sutphin Boulevard is set to open later this month.

What services will the new FFIC branch offer?

The new branch will offer services including Appointment Banking and Video Banker.

How does FFIC plan to enhance customer access?

FFIC plans to enhance customer access through improved digital services.

What is the significance of FFIC's new branch for the community?

The new branch reflects FFIC's commitment to serving diverse communities in Jamaica and surrounding areas.

Flushing Financial Corp

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