UNIONDALE, N.Y., July 25, 2017 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq:FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that it is sponsoring a seminar series with Long Island Development Corporation (LIDC) and its affiliate, LI Small Business Assistance Corporation (LISBAC). The LIDC/LISBAC provide low cost government related loans, free seminars and pro bono referrals and counseling to entrepreneurs in Nassau and Suffolk Counties, New York. The seminar series provides borrowers and prospective borrowers with the tools to expand and improve their companies.
John R. Buran, President and Chief Executive Officer stated: “Flushing Bank has been a proud supporter of the LIDC for many years. As a community bank, we recognize the important role that small businesses play in fueling the economic engine of our local economy. We help small businesses in our markets through our broad offering of commercial banking services, so sponsoring this seminar series to help local entrepreneurs build their business is a nice complement to our small business strategy.”
About Flushing Financial Corporation
Flushing Financial Corporation (Nasdaq:FFIC) 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, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, and cash management services through its 19 banking offices located in Queens, Brooklyn, Manhattan, and Nassau County. As a leader in real estate lending, the Bank’s experienced lending team creates mortgage solutions for real estate owners and property managers both within and outside the New York City metropolitan area. The Bank also operates an online banking division, iGObanking.com®, which offers competitively priced deposit products to consumers nationwide. Additional information on Flushing Bank and Flushing Financial Corporation may be obtained by visiting the Company’s website at http://www.flushingbank.com.
About Long Island Development Corporation
Long Island Development Corporation (LIDC) is part of a 501C3 not-for-profit economic development family providing a variety of low cost loan programs and free technical assistance to help businesses and not-for-profit organizations in New York, concentrating on Long Island.
LIDC, serving the community for 36 years, has made over $750 million in direct loans, leveraged an additional $2.5 billion in private capital for projects, helped entrepreneurs obtain over $1.7 billion in government contracts, and created/retained over 45,000 jobs for our economy.
"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, 2016 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