Flushing Savings Bank Selects TransFirst(r) as Their New Merchant Payment Processor


LAKE SUCCESS, N.Y., June 15, 2009 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (Nasdaq:FFIC), the parent holding company for Flushing Savings Bank, FSB (the "Bank"), and its wholly-owned subsidiary, Flushing Commercial Bank, announced today that the Bank has selected TransFirst, a leading provider of transaction processing services and payment enabling technologies, to provide merchant credit card processing and payment technology services.

Theresa Kelly, Senior Vice President and Business Banking Director stated, "We are pleased to have partnered with TransFirst to provide our business customers with merchant processing services. We are confident that our business customers will benefit from the wide array of innovative merchant processing solutions that TransFirst provides."

"Now, more than ever, businesses need innovative and cost effective solutions," said John R. Buran, President and Chief Executive Officer. "With TransFirst's merchant processing programs, our bankers will be able to provide our business customers access to flexible merchant processing programs enabling them to meet their various business needs while providing services designed to help their businesses grow."

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 fifteen 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, cities, towns, villages, school districts, libraries, fire districts and the various courts throughout the metropolitan area.

Additional information on Flushing Financial Corporation may be obtained by visiting the Company's web site at http://www.flushingsavings.com.

"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, 2008 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.



            

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