Flushing Bank Plans to Open a New Branch in Chinatown
UNIONDALE, N.Y., Nov. 27, 2018 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced that the Bank has plans to open a new Chinatown location, on the corner of Mott and Canal, at 183 Canal Street, New York, NY. This new full-service location, scheduled to open in December 2018, will showcase their Universal Banker model with assisted service kiosk (ASK) ATM machines and Video Banker services.
John R. Buran, President and CEO of Flushing Bank, stated: “This new Chinatown location continues our planned expansion of our highly efficient Universal Banker model with Video Banker Services. This banking model provides a high touch, full service branch in only 1,000 square feet while delivering a superior customer experience by combining innovative technology with our highly skilled staff. Flushing Bank has a long-standing relationship with the Asian community beginning with our roots in Flushing, NY. Our employees speak over 20 languages with Cantonese and Mandarin being prevalent in the Chinese markets we serve. As a community bank, we believe it is important to give back to the community and demonstrate our commitment by sponsoring cultural events and local organizations through financial and volunteer support. This Chinatown location will allow us to build upon our commitment to serve the Asian community living and working in this area.”
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 Nassau County. As a leader in real estate lending, the Bank’s experienced lending team creates 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®, our 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 http://www.flushingbank.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this Press Release 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, 2017 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”, “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. GrassoSenior Executive Vice President, Chief Operating Officer Flushing Bank718-961-5400