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Flushing Bank Hosts Ribbon-Cutting Ceremonies at New Locations in Islandia and Shirley

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Flushing Financial Corporation (Nasdaq: FFIC) announced the opening of two new bank locations in Islandia and Shirley, Suffolk County, following its acquisition of Empire National Bank. Ribbon-cutting ceremonies were attended by management and local officials. CEO John R. Buran expressed enthusiasm about expanding their Long Island presence and enhancing banking services for the community. The Bank aims to support local economic recovery and growth. Flushing Financial operates through its subsidiaries, including Flushing Bank and iGObanking.

Positive
  • Expansion of Flushing Bank's footprint in Suffolk County with two new locations.
  • Acquisition of Empire National Bank enhances growth opportunities.
  • Commitment to community development and economic recovery.
Negative
  • None.

UNIONDALE, N.Y., Dec. 18, 2020 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq-: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that the Bank hosted two ribbon-cutting ceremonies at its new Islandia and Shirley locations in Suffolk County. These are two of the four locations resulting from the Bank’s recent acquisition of Empire National Bank.  Members of Flushing Bank’s management team were joined by several state and local elected officials at the event.

John R. Buran, President and CEO of Flushing Bank, stated: “I am extremely excited about the opportunity made possible by our recent acquisition of Empire National Bank to expand our Long Island presence and introduce Flushing Bank to the Suffolk County market. We look forward to building upon the relationships that have been established with our customers and expanding our banking services to the individuals, families, and businesses in the surrounding areas. As a community bank, we recognize the importance of giving back and demonstrating our commitment to the communities we serve. And, we are extremely excited to be a part of their economic recovery, growth, and development.”

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®, 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

What are the new locations opened by Flushing Financial Corporation?

Flushing Financial Corporation has opened new locations in Islandia and Shirley, Suffolk County.

When did Flushing Bank host the ribbon-cutting ceremonies?

The ribbon-cutting ceremonies were held on December 18, 2020.

What acquisition did Flushing Financial Corporation recently complete?

Flushing Financial Corporation recently completed the acquisition of Empire National Bank.

What is the significance of the new openings for Flushing Bank?

The new openings allow Flushing Bank to expand its services and presence in the Suffolk County market.

Who is the CEO of Flushing Financial Corporation?

The CEO of Flushing Financial Corporation is John R. Buran.

Flushing Financial Corp

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