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Flushing Bank Leases New Brooklyn Location in Bensonhurst

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Flushing Financial Corporation (Nasdaq: FFIC) announced the leasing of a new full-service branch at 8616 21st Avenue, Brooklyn, NY, scheduled to open in the first half of 2023. This expansion aims to better serve the diverse local community, particularly focusing on relationships within the Asian demographic. The Bank, which has been in operation since 1929, provides a wide range of commercial banking services and emphasizes personalized customer service in various languages.

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  • New branch opening in Brooklyn will expand market presence.
  • Focus on serving the Asian community supports targeted growth.
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  • None.

UNIONDALE, N.Y., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced it has leased a new location at 8616 21st Avenue, Brooklyn, NY. The Bank plans to open this new, full-service branch location in the first half of 2023.

John R. Buran stated, “This new Brooklyn location enables us to expand our presence in to continue to serve the needs of this vibrant and diverse community. We can leverage our strong connection with the Asian community to develop relationships with the individuals and businesses within this market.”

About Flushing Financial Corporation

Flushing Financial Corporation (Nasdaq: FFIC) is the holding company for Flushing Bank®, an FDIC insured, New York State—chartered commercial bank that operates banking offices in Queens, Brooklyn, Manhattan, and on Long Island. The Bank has been building relationships with families, business owners, and communities since 1929. Today, it offers the products, services, and conveniences associated with large commercial banks, including a full complement of deposit, loan, equipment finance, and cash management services. Rewarding customers with personalized attention and bankers who can communicate in the languages prevalent within these multicultural markets is what makes the Bank uniquely different. As an Equal Housing Lender and 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. The Bank also fosters relationships with consumers nationwide through its online banking division with the iGObanking® and BankPurely® brands.

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, 2021, 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.

#FB

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


FAQ

What is the significance of Flushing Financial Corporation's new branch in Brooklyn?

The new branch will expand Flushing Financial Corporation's market presence and better serve the local community, particularly the Asian demographic.

When will the new Flushing Bank branch in Brooklyn open?

The new full-service branch is scheduled to open in the first half of 2023.

What services does Flushing Bank provide?

Flushing Bank offers a full range of deposit, loan, equipment finance, and cash management services.

What is the stock symbol for Flushing Financial Corporation?

The stock symbol for Flushing Financial Corporation is FFIC.

Flushing Financial Corp

NASDAQ:FFIC

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