LAKE SUCCESS, N.Y., Nov. 20, 2008 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (Nasdaq:FFIC) (the "Company"), the parent holding company for Flushing Savings Bank, FSB (the "Bank"), today announced that Allen Brewer has joined the Bank as Senior Vice President, Chief Information Officer. The announcement was made by John R. Buran, Flushing Financial's President and Chief Executive Officer on behalf of Flushing's Board of Directors.
Mr. Buran stated: "I am very pleased that Allen has joined our senior management team. As the Chief Information Officer, Allen will be responsible for directing the strategic business approach for information technology and service delivery across all business lines for the company. Allen's guidance will enable the Bank to maintain its competitive edge by maximizing the positive impacts of information technology in delivering the best possible service to the Bank and its customers."
Mr. Brewer has been consulting for the Bank since July 2008 and comes to us with over 30 years of experience from the financial services industry. He most recently worked with ALEL Management Corporation where he served as President. Prior to ALEL Management Corporation, Allen was an Executive Vice President for Alliance Consulting, Chief Information Officer of Corporate Systems at American International Group, Vice President for J.P. Morgan Chase and Managing Director for Global Cash Management at Citigroup. Mr. Brewer graduated with a BS degree in Electrical Engineering from Arizona State University and a MBA degree in Management from Hofstra University.
About Flushing Financial Corporation
Flushing Financial Corporation is the parent holding company for Flushing Savings Bank, FSB, a federally chartered stock savings bank insured by the FDIC. The Bank serves consumers and businesses by offering a full complement of deposit, loan, and cash management services through its fourteen banking offices located in Queens, Brooklyn, Manhattan, and Nassau County. The Bank also operates an online banking division, iGObanking.com(r), 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, towns, villages, school districts, libraries, fire districts and the various courts throughout the metropolitan area.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this Press Release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments and other statements 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 year ended December 31, 2007, 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.
Additional information on Flushing Financial Corporation may be obtained by visiting the Company's web site at http://www.flushingsavings.com.