John E. Roe, Sr. Elected Chairman of the Board of Flushing Financial Corporation
2011年2月16日 - 9:00PM
Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the
parent holding company for Flushing Savings Bank, FSB (the "Bank"),
announced today that John E. Roe, Sr. has been elected Chairman of
the Board of Directors of the Company and the Bank, effective
February 16, 2011.
John E. Roe, Sr. has been a member of the Board of Directors of
the Company since its formation in 1994 and of the Bank since
1968. Mr. Roe is a retired Captain of the United States Navy
Reserve and was appointed Rear Admiral of the New York State Naval
Militia by the Governor of New York. He is a former Trustee of
Eastern Long Island Hospital and of Flushing Hospital Medical
Center, where he spent ten years as Chairman of the Board. Mr.
Roe recently retired as Chairman of City Underwriting Agency. Mr.
Roe stated, "I am extremely proud of this nomination and thank my
fellow board members for their support and confidence. I would
like to thank Gerard P. Tully, Sr., who has served as Chairman of
the Company since its formation and of the Bank for the past 30
years. Under Gerry's leadership, Flushing Financial converted
to a public company, and the Bank grew from a small community bank
to one with over $4 billion in assets."
John R. Buran, President and Chief Executive Officer of Flushing
Financial, stated: "During John's tenure as a Director, he has
served as Chairman of the Nominating and Governance Committee and
Chairman of the Insurance Committee. He has also been a member
of the Compensation, Audit and Investment Committees. I look
forward to working with John in his new role as we continue to grow
the Flushing Financial franchise." Gerard P. Tully, Sr., the
outgoing Chairman, who will remain on the Board, stated: "John's
contributions throughout the years have proved invaluable. Most
notably, his insurance industry experience as Chairman of City
Underwriting Agency has provided unique insights in assessing the
Company's risk profile. His involvement in many of the Board's most
vital committees has given him a broad understanding of our
business. These experiences will serve him well in his new role as
Chairman of the Board for Flushing Financial Corporation. I know I
speak for the entire Board of Directors in wishing him great
success in his new role as Chairman of the Board."
About Flushing Financial Corporation
Flushing Financial Corporation, with $4.3 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 sixteen 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 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: Maria A. Grasso
Executive Vice President, Chief Operating Officer
Flushing Financial Corporation
718-961-5400
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