LAKE SUCCESS, N.Y., Feb. 10, 2011 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the parent holding company for Flushing Savings Bank, FSB (the "Bank"), announced today that John R. Buran, President and Chief Executive Officer, has been elected Chairman of New York Bankers Association (NYBA).
John R. Buran, President and Chief Executive Officer of Flushing Financial Corporation, stated: "I am honored to serve as Chairman of NYBA this year, particularly in view of the vital issues and challenges our industry faces in Albany and in Washington. Banks play an important role in our state and local economies, and in New York's communities. It is our responsibility to help ensure that our industry remains a strong force for job creation and economic growth throughout the State. I look forward to working with all the NYBA members to ensure prosperity and stability in New York's banking industry."
"NYBA will certainly benefit from the leadership, experience and vision of John Buran. He brings the expertise and knowledge of nearly three decades in the banking industry. I look forward to working with him and all NYBA members – who unanimously elected our 2011 leadership team – to strengthen our industry and continue to collectively serve New Yorkers," said NYBA President & CEO Michael P. Smith.
About Flushing Financial Corporation
Flushing Financial Corporation, with $4.3 billion in consolidated assets, is the parent holding company for Flushing Savings Bank, FSB. Flushing Bank is a trade name of Flushing Savings Bank, FSB, a federally chartered stock savings bank insured by the Federal Deposit Insurance Corporation. 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 .
"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: Maria A. Grasso Executive Vice President, Chief Operating Officer Flushing Bank 718-961-5400