Bank holding company providing banking and financial services through its subsidiary, Flushing Bank.
Flushing Financial Corporation serves as a pivotal bank holding company, overseeing the operations of Flushing Bank which provides a broad spectrum of banking products and services across New York City and surrounding areas. Established in 1929 and headquartered in Uniondale, New York, the corporation offers a comprehensive suite of deposit products including checking and savings accounts, money market accounts, NOW accounts, demand accounts, and certificates of deposit. These offerings cater primarily to consumers, businesses, and governmental units seeking reliable banking solutions.
The lending portfolio of Flushing Financial Corporation is robust, encompassing a variety of mortgage loans secured by multi-family residential properties, commercial real estate, mixed-use properties, and single-family residences. Additionally, the bank provides commercial business loans, construction loans, and supports small businesses through Small Business Administration (SBA) loans and other financing options. The company also engages in investment activities, managing a portfolio that includes United States government securities, corporate fixed-income securities, and other marketable securities to optimize returns while managing risk.
In the dynamic landscape of financial services, cryptocurrencies and blockchain technology have emerged as disruptive forces reshaping traditional banking paradigms. However, as of the latest updates, Flushing Financial Corporation has not publicly announced plans to integrate cryptocurrencies into its service offerings or investment strategies. With a network of 24 full-service offices strategically located throughout New York City boroughs and surrounding counties, the corporation remains committed to delivering personalized banking services and fostering long-term relationships with its diverse clientele.