Flushing Bank Announces Plan to Relocate to RXR Building in Uniondale
2014年6月7日 - 5:30AM
Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the
parent holding company for Flushing Bank (the "Bank"), announced
today that it plans to relocate its headquarters and consolidate
its non-branch personnel into one location. They have entered into
a lease with RXR Plaza in Uniondale for over 90,000 square feet of
space. As part of that lease, the Bank will also open a 1200 square
foot branch in the building to serve employees as well as the
numerous business tenants that occupy offices in the building. The
design of the branch will be an innovative and interactive
financial solutions center, equipped with state of the art
technology and 24-hour access via an ATM.
John R. Buran, President and CEO of the Company, stated:
"Over the past year, as our business continued to grow and our
current lease nears its end, we recognized the need to identify a
new headquarters location to enable us to sustain this growth and
provide for the efficiencies and synergies that result from the
majority of staff being under one roof." He also added:"Nassau
County's strong real estate dynamics as well as the commitment by
local government and community entities weighed favorably in our
decision to stay in Nassau County. We worked closely with the Town
of Hempstead Industrial Development Association on programs to
support us in bringing over 250 employees to their town. This
convenient location also allows us to stay connected with our
branch network in the New York metro area while we look to expand
the Bank's footprint in Nassau and Suffolk counties."
About Flushing Financial Corporation
Flushing Financial Corporation (Nasdaq:FFIC), with $4.8 billion
in consolidated assets, 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 17 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 the 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, 2013 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
Senior Executive Vice President, Chief Operating Officer
Flushing Bank
718-961-5400
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