FFIC Flushing Financial Corporation

Margins & Returns

Flushing Financial Corporation serves as the parent company for Flushing Bank, offering a comprehensive suite of banking services and financial solutions. Its diverse clientele includes individual consumers, various businesses, and governmental organizations. The institution provides a wide selection of deposit accounts, such as checking, savings, money market, demand, and Negotiable Order of Withdrawal (NOW) accounts, along with certificates of deposit. On the lending side, Flushing Bank extends various credit options, including mortgage loans for multi-family residential properties, commercial real estate, mixed-use buildings (one-to-four families), and single-family homes. It also offers commercial business loans, construction financing, Small Business Administration (SBA) loans, and other credit facilities tailored for small enterprises. Additionally, consumer credit products, like overdraft lines of credit, are available. Furthermore, the corporation strategically invests in assets such as mortgage-backed securities, U.S. government bonds, corporate fixed-income instruments, and other marketable securities. Beyond its consumer and business offerings, Flushing Financial Corporation caters to the banking requirements of public sector entities, serving municipalities including counties, cities, towns, villages, school districts, libraries, fire departments, and judicial courts. As of December 31, 2021, the company maintained a network of 24 full-service branches located across the New York City boroughs of Queens, Brooklyn, and Manhattan, as well as in Nassau and Suffolk Counties, New York. An online branch also complements its physical presence. Established in 1929, Flushing Financial Corporation's principal office is situated in Uniondale, New York.