Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the
parent holding company for Flushing Bank (the “Bank”), attended the
Manhattan Neighborhood Network Ribbon Cutting on March 15, 2023.
This event marks the completion of the new office space located at
509 West 38th Street. Members of the bank’s management team
along with City Council Members Shaun Abreu and Erik Bottcher,
Manhattan Borough President Mark Levine and the Honorable Mayor
Eric Adams, were joined by representatives from the NYC Economic
Development Corporation ("NYCEDC") and Build NYC Resource
Corporation (Build NYC) to celebrate the occasion.
John R. Buran, President and CEO of Flushing
Bank, stated “We are quite pleased that we were able to provide MNN
with the credit facilities needed, specifically the Build NYC
Resource IDA triple tax exempt bond and working capital through a
line of credit. The bond was used to purchase and renovate the
commercial condominiums located on the 3rd and 4th floors of 509
West 38th Street. This is a great example of the important role
that community banks play in support of not-for-profit
organizations that provide much needed services to the community,
such as Manhattan Neighborhood Network.”
“MNN is excited to be investing in our mission,
vision, and values, making sure that we provide high quality and
affordable resources for media education, production, and
distribution that is of the people, by the people, for the people.
This new facility will allow MNN to continue our legacy of media
inclusion and equity,” Dan Coughlin, MNN President & CEO.
“MNN’s new studios on 38th St. will provide
accessible, professional-grade tools and distribution for media
makers of all backgrounds,” Damian Benders, MNN Board Chair.
About Flushing Financial
Corporation
Flushing Financial Corporation (Nasdaq: FFIC) is
the holding company for Flushing Bank®, an FDIC insured, New York
State—chartered commercial bank that operates banking offices in
Queens, Brooklyn, Manhattan, and on Long Island. The Bank has been
building relationships with families, business owners, and
communities since 1929. Today, it offers the products, services,
and conveniences associated with large commercial banks, including
a full complement of deposit, loan, equipment finance, and cash
management services. Rewarding customers with personalized
attention and bankers who can communicate in the languages
prevalent within these multicultural markets is what makes the Bank
uniquely different. As an Equal Housing Lender and leader in real
estate lending, the Bank’s experienced lending teams create
mortgage solutions for real estate owners and property managers
both within and outside the New York City metropolitan area. The
Bank also fosters relationships with consumers nationwide through
its online banking division with the iGObanking® and BankPurely®
brands.
Additional information on Flushing Bank and
Flushing Financial Corporation may be obtained by visiting the
Company’s website at FlushingBank.com.
About Manhattan Neighborhood Network
(MNN)
Established in 1992, Manhattan Neighborhood
Network (MNN) is a media learning, production and
distribution hub that promotes creative expression, independent
voices, and community engagement.
MNN offers a creative and collaborative community,
open to all ages, races, ethnicities, national origins, sexes,
sexual orientations, gender identities and expressions, faiths and
religions, abilities, and regardless of socio-economic status.
MNN operates two state-of-the-art emerging media
production and education facilities in Manhattan and run
Manhattan's public access TV channels, reaching some 400,000 cable
subscribers in the borough. MNN and MNN-facilitated productions are
also available in more than 29 states and in countries such as the
Philippines and the Dominican Republic through live streams and
online archives.
MNN is home to the NYC Center for Media Education,
offering education and training in traditional and virtual video
production, emerging media, editing, podcasting, and broadcasting.
NYC CME’s purpose is to cultivate a diverse collective of
change-makers and storytellers who will level the playing field in
media production.
"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 fiscal year ended December 31, 2022, 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”, “goals”, “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.
Contact: Maria A. Grasso Senior
Executive Vice President, Chief Operating Officer Flushing Bank
718-961-5400
#FB
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