FFIC Flushing Financial Corporation

Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the parent holding company for Flushing Savings Bank, FSB (the "Bank"), today announced that they are for the fifth consecutive year sponsoring a grant to Classroom, Inc., a New York based non-profit organization that supports students in low to moderate income areas. Flushing Bank's generous grant funds a special literacy and math program for P.S. 107. This year the program will be expanded to include P.S. 32 also in Flushing, Queens. This grant will support almost 200 fourth and fifth-grade students.

John R. Buran, President and Chief Executive Officer stated: "We are pleased to lend our support to such a worthwhile organization and we look forward to continuing our partnership with Classroom, Inc. They have designed a special literacy and math program that uses an innovative curriculum to help students gain essential academic skills. This program has been well received by school administrators, teachers, parents, and most importantly, students. This program is truly unique in that it provides our youth with a wide range of benefits from improved literacy and math skills to greater career awareness. At Flushing Bank, we believe in giving back to the communities we serve and educating our youth is one important way."

About Flushing Financial Corporation

Flushing Financial Corporation (Nasdaq:FFIC), 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 offers competitively priced deposit products to consumers nationwide. Flushing Commercial Bank, a wholly-owned subsidiary, provides 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, 2010 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