Flushing Savings Bank Announces the Opening of a New Branch At 1122 Franklin Avenue in Garden City, New York


LAKE SUCCESS, N.Y., Jan. 14, 2009 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the "Company") (Nasdaq:FFIC) is pleased to announce that it will open a new full-service branch on January 20th at 1122 Franklin Avenue in Garden City, New York. This new full-service facility continues the Company's planned expansion of its branch network, bringing the total number of branches in the metropolitan area to fifteen. 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: "By launching our new Flushing Bank office on Franklin Avenue in Garden City, we have further expanded our branch footprint into Nassau County and enhanced our ability to serve this vibrant market area with a full complement of products and services to consumers, business owners and operators, professionals, commercial real estate clients and governmental entities. Our Government Banking team, which has over 30 years of experience, looks forward to serving the municipalities and school districts in Garden City and the surrounding areas through our Flushing Commercial Bank charter. As a safe, secure financial institution that has been serving local communities for over 80 years, our goal is to build the trust and relationships so that customers will choose our bank for all their financial needs."

Staffed by experienced professionals specializing in branch, business and government banking, the branch will be open for full-service, Monday-Thursday, 9am-4pm, Friday, 9am-6pm, and Saturday, 9am-1pm. The branch will host grand opening festivities and a ribbon-cutting ceremony, which includes raffle prizes, special product offerings, and fun activities for all members of the community. The Grand Opening Celebration will take place on February 6th & 7th.

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 special districts 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.

Flushing Bank is a trade name of Flushing Savings Bank, FSB and Flushing Commercial Bank.



            

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