LAKE SUCCESS, N.Y., May 5, 2014 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the parent holding company for Flushing Bank (the "Bank"), announced today that it has been named to the Forbes' list of America's 50 Most Trustworthy Financial Companies.
This marks the second time that Flushing Bank has been recognized by Forbes for its trustworthiness. In 2013, Flushing Bank was named one of America's 100 Most Trustworthy Companies by Forbes. At that time, financial companies were included in the list of America's 100 Most Trustworthy Companies. This year Forbes created the separate List of America's 50 Most Trustworthy Financial Companies. This inaugural list recognizes banks and insurance companies that have distinguished themselves with outstanding governance and transparency in financial reporting.
The list is compiled for Forbes by GMI Ratings, a firm that provides global corporate governance and accounting risk ratings and research on public companies. In compiling the list of the most trustworthy financial companies, GMI reviews the accounting and governance behaviors of publicly traded financial companies in North America.
John R. Buran, President and CEO of the Company, stated: "Integrity is one of our core values. It is gratifying to see that such well-known and highly regarded independent organizations as GMI Ratings and Forbes have included us in such an elite group of trustworthy financial Companies."
About Flushing Financial Corporation
Flushing Financial Corporation (Nasdaq:FFIC), with $4.7 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.
Maria A. Grasso Executive Vice President, Chief Operating Officer Flushing Bank 718-961-5400