LAKE SUCCESS, N.Y., April 10, 2015 (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 relocate its Corporate Headquarters and open a new full-service branch at RXR Plaza in Uniondale, New York. The relocation and branch opening are scheduled to take place in May. This new full-service branch continues the Bank's planned expansion of its branch network, bringing the total number of branches in the metropolitan area to eighteen. This will be Flushing's third branch located in Nassau County and will provide enhanced access for the bank's business and personal customers who work or live in Nassau County. The announcement was made by John R. Buran, President and Chief Executive Officer.
Mr. Buran stated: "Over the past year, as our business continued to grow and our current lease neared its end, we recognized the need to identify a new headquarters location to enable us to sustain this growth and provide for the efficiencies and synergies that result from the majority of staff being under one roof." He also added: "Nassau County's strong real estate dynamics as well as the commitment by local government and community entities weighed favorably in our decision to stay in Nassau County. We worked closely with the Town of Hempstead Industrial Development Association on programs to support us in bringing over 250 employees to their town. This convenient location also allows us to stay connected with our branch network in the New York metro area while we look to expand the Bank's footprint in Nassau and Suffolk counties."
Mr. Buran also stated: "We are excited to expand upon our success in Nassau County. This branch will showcase a new branch model that will combine innovative technology with highly trained people to provide a superior customer experience. We recognize the role of the branch is changing and we must adapt to stay current with the evolving trends. The establishment of a branch at RXR Plaza will provide us with an opportunity to add the convenience of full-service banking and deliver financial services to all of the individuals and businesses located in the building and the surrounding areas. This new Nassau County location reinforces our long-term commitment to the individuals, families and businesses that live or work in Nassau County. We look forward to meeting with the individuals, and businesses that work in this building and discussing the financial solutions that are right for them."
Flushing Bank's RXR Plaza branch will be offering special promotions and giveaways during the months of May and June. The RXR branch will be open 5 days a week with hours of operation on Monday through Wednesday and Friday 8:30 a.m. to 4:30 p.m. and Thursday 8:30 a.m. to 6:00 p.m.
About Flushing Financial Corporation
Flushing Financial Corporation 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, and public entities by offering a full complement of deposit, loan, and cash management services through its 19 banking offices located in Queens, Brooklyn, Manhattan, and Nassau County. The Bank also operates an online banking division, iGObanking.com®, which offers competitively priced deposit products to consumers nationwide.
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, 2014 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. Grasso Senior Executive Vice President, Chief Operating Officer Flushing Bank 718-961-5400Source:Flushing Financial Corporation