News Details

Flushing Bank Celebrates the Grand Opening of a New Manhattan Location Showcasing a New Branch Model at 99 Park Avenue

Oct 06, 2015 11:00 AM

UNIONDALE, N.Y., Oct. 6, 2015 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the parent holding company for Flushing Bank (the "Bank"), announced today that the Bank will host a Grand Opening Celebration on October 7th at 9:00 a.m. at its new 99 Park Avenue location. The event will be attended by local politicians, community leaders, and business owners from the building and surrounding areas. The announcement was made by John R. Buran, President and Chief Executive Officer.

Mr. Buran stated: "This new full-service branch continues our planned expansion of our branch network, bringing the total number of branches in the metropolitan area to nineteen. This is our second Manhattan branch providing enhanced access for the Bank's business and personal customers who work or live in Manhattan. This branch showcases a new branch model that combines innovative technology supplied by Hyosung, the fastest growing supplier of ATMs in North America and the market leader in branch transformation solutions, with highly trained Universal Bankers to provide a superior customer experience. We have implemented Hyosung's MX8800 solution to facilitate the evolution of the branch distribution channel. We are excited to be the first community bank in the New York area to introduce this new technology. This solution provides customers a staff-assisted channel in which to conduct their routine transactions while enabling bankers to spend quality time consulting with customers to better understand their banking needs."

"This is a new way of doing banking and we are excited to be working with Flushing Bank as they continue to demonstrate their dedication to meet the evolving needs of the customer while optimizing branch time and resources," said Joe Militello, VP of Software and Professional Services, Hyosung Americas.

Flushing Bank's 99 Park Avenue branch is offering special promotions and giveaways through the end of October. The 99 Park Avenue branch will be open 5 days a week with hours of operation on Monday through Friday from 8:30 a.m. to 5:30 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 https://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.

About Hyosung America

Hyosung's vision is to continually create automated financial products and solutions maximizing the convenience, accessibility and trust of our customers by leveraging our creativity, technology, speed to market and people. Hyosung America is a subsidiary of South Korea Hyosung, Inc., a global leader in providing ATMs to the retail off-premises and financial institution markets. Since entering the North American market in 1998, Hyosung America has shipped more than 200,000 ATMs and is the fastest growing supplier in North America. Hyosung America is headquartered in Irving, Texas, and has research and development support in its Global Software Center in Dayton, Ohio. www.nhausa.com

CONTACT: Maria A. Grasso
         Senior Executive Vice President, Chief Operating Officer
         Flushing Bank
         718-961-5400
Source: Flushing Financial Corporation