John R. Buran Participates in Panel Discussion on Future of Commercial Real Estate for FDIC Podcast | News
UNIONDALE, NY, Nov. 17, 2021 (GLOBE NEWSWIRE) – Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent company of Flushing Bank (the “Bank”), announced that John R. Buran, President and Chief Executive Officer of Flushing Bank, attended a panel discussion on the future of commercial real estate at the Federal Reserve / CSBS / FDIC Community Banking in the 21st Century 2021 conference on September 29, 2021. A podcast of the panel discussion is now available via this link.
John R. Buran, President and Chief Executive Officer, said, “It was a pleasure to join the panel with fellow industry colleagues to discuss opportunities and challenges for community banks, particularly those related to the future of commercial real estate. The COVID pandemic is having a profound impact on many facets of our economy, and the commercial real estate market is no exception. Flushing Bank has a sizeable commercial property portfolio that has continued to perform well despite the many challenges posed by the pandemic. While recovery rates vary by geography and usage category, I am optimistic that we will continue to see signs of economic recovery and a return to normal in our market. ”
About Flushing Financial Corporation
Flushing Financial Corporation (Nasdaq: FFIC) is the holding company of Flushing Bank®, a New York State licensed commercial bank insured by the Federal Deposit Insurance Corporation. The bank serves consumers, businesses, professionals, corporate clients and public institutions by providing a full range of deposit, loan, equipment finance and cash management services through its banking offices in Queens, Brooklyn, Manhattan and Long Island. As the leading provider of real estate loans, the bank’s experienced lending teams create mortgage solutions for property owners and property managers in and outside of the New York City metropolitan area. Flushing Bank is an equal housing provider. The bank also operates an online banking division consisting of iGObanking®, which offers deposit products at competitive prices to consumers nationwide, and BankPurely®, a greener, healthier lifestyle community brand.
For more information about Flushing Bank and Flushing Financial Corporation, please visit the company’s website at FlushingBank.com
“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding plans, strategies, economic performance and trends, projections of the results of certain activities or investments, and other statements that are not statements of historical fact may contain forward-looking statements 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 subject to risks and uncertainties and actual results could differ materially from those currently anticipated due to a number of factors including, but not limited to, risk factors set out in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 and in Other documents discussed by the Company from time to time with the Securities and Exchange Commission. Forward-looking statements can be identified by terms such as “may”, “will”, “should”, “could”, “expects”, “plans”, “intends”, “expects”, “believes”, “estimates”, “forecast”, “ Forecast ”,“ goals ”,“ potential ”or“ next ”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, activities, performance or success. The company undertakes no obligation to update these forward-looking statements.
Contact: Maria A. Grasso Senior Executive Vice President, Chief Operating Officer Flushing Bank 718-961-5400
Copyright 2021 GlobeNewswire, Inc.