Flushing Bank Opens a New Branch at 85-15 Queens Boulevard in Elmhurst, NY

Rhea-AI Summary

Flushing Financial Corporation (Nasdaq: FFIC) announces the opening of a new branch at 85-15 Queens Boulevard, Elmhurst, NY. This expansion aims to strengthen its presence in Queens, focusing on serving the diverse local community. CEO John R. Buran emphasizes the importance of digital services for customer convenience and community engagement through financial support for local organizations. Flushing Bank offers a wide range of banking services and has a legacy of relationship-building since 1929.

Positive

• Opening of a new branch in Elmhurst, NY, enhancing market presence.
• Introduction of enhanced digital services for improved customer access.
• Commitment to community engagement through support for local organizations.

Negative

• None.

UNIONDALE, N.Y., June 06, 2022 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that the Bank has opened a new branch located at 85-15 Queens Boulevard, Elmhurst, NY. 

John R. Buran, President, and CEO of Flushing Bank, stated: “As a community bank, we have a long history of serving the diverse, multicultural markets of the New York Metropolitan area. This new Elmhurst location will expand our presence in Queens and deepen our relationship with the residents and businesses that comprise this vibrant community. We are excited to introduce our enhanced digital services that provide customers with mobile access to their accounts wherever and whenever they choose. As a member of the community, we believe it is important to demonstrate our commitment by sponsoring cultural and local organizations through financial and volunteer support. We look forward to building relationships with the individuals, families, and businesses of Elmhurst and the surrounding communities.”

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 latest news about Flushing Financial Corporation (FFIC)?

Flushing Financial Corporation recently opened a new branch in Elmhurst, NY, expanding its community presence.

When did Flushing Financial Corporation open its new branch?

The new branch was opened on June 6, 2022.

What are the key features of the new branch opened by FFIC?

The new branch emphasizes enhanced digital services and community engagement.

What is the significance of the new branch for Flushing Financial Corporation?

The branch aims to strengthen connections with the diverse communities in Queens.