updated 1/3/2011 1:15:34 PM ET 2011-01-03T18:15:34

LAKE SUCCESS, N.Y., Jan. 3, 2011 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the parent holding company for Flushing Savings Bank, FSB (the "Bank"), announced today that the Bank will open a new full-service branch on January 4th at 217 Havemeyer St., Brooklyn, New York. This new full-service facility continues the Bank's planned expansion of its branch network, bringing the total number of branches in the metropolitan area to sixteen. The announcement was made by John R. Buran, President and Chief Executive Officer, on behalf of the Board of Directors.

Mr. Buran stated: "The establishment of a full-service banking branch in Williamsburg represents a long-term commitment to the individuals, families and businesses of this thriving Brooklyn community. Our Williamsburg branch will have special appeal to the neighborhood and reflect the diversity found in the business and social communities. Our staff is well equipped to service customers with multiple language skills and ethnic backgrounds. While we may be new to Williamsburg, we are not new to Brooklyn and the greater New York area."

Flushing Bank's Williamsburg branch will be offering special promotions and giveaways during the month of January and hosting a Grand Opening Celebration and ribbon cutting ceremony on January 11th. Visit www.FlushingBank.com/Williamsburg for details. The Williamsburg branch will be open seven days a week during the Grand Opening with hours of operation on Monday through Wednesday and Friday 8:30 am to 4:00 pm, Thursday 8:30 am to 6:00 pm, Saturday 9:00 am to 1:00 pm and Sunday 10:00 am to 2:00 pm. 

About Flushing Financial Corporation

Flushing Financial Corporation, with $4.2 billion in consolidated assets, is the parent holding company for Flushing Savings Bank, FSB, a federally chartered stock savings bank insured by the Federal Deposit Insurance Corporation. Flushing Bank is a trade name of Flushing Savings Bank, FSB.. The Bank serves consumers and businesses by offering a full complement of deposit, loan, and cash management services through its fifteen banking offices located in Queens, Brooklyn, Manhattan, and Nassau County. The Bank also operates an online banking division, iGObanking.com®, which enables the Bank to expand outside of its current geographic footprint. In 2007, the Bank established Flushing Commercial Bank, a wholly-owned subsidiary, to provide banking services to public entities including counties, cities, towns, villages, school districts, libraries, fire districts and the various courts throughout the metropolitan area.

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, 2009 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:  Flushing Financial Corporation
          Maria A. Grasso, Executive Vice President,
           Chief Operating Officer

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