UNIONDALE, NY / ACCESSWIRE / May 6, 2024 / Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the parent holding company for Flushing Bank (the "Bank"), announced today the addition of a dedicated team to expand SBA lending nationwide. This initiative underscores the company's commitment to fostering economic growth and providing tailored financial solutions to small businesses.
The newly formed team led by Kevin Ferryman, Senior Vice President and Director of SBA, and John Millwood, Vice President and SBA Relationship Manager, brings more than 30 years of combined experience in navigating the intricacies of SBA loans. Their expertise will enable Flushing Bank to expand its lending capabilities, reaching a wider customer base, and contributing to economic development, both locally and nationally.
"Our commitment to empowering small businesses remains steadfast. With the expertise of Kevin and John guiding our efforts, we are not only expanding our lending capabilities but also reaffirming our commitment to fostering economic growth," said John Buran, President and CEO of Flushing Bank.
Kevin Ferryman joins Flushing Bank from Freedom Bank of Virginia, where he spearheaded the establishment of an SBA program and held various leadership roles since 2013. John Millwood, also from Freedom Bank of Virginia, brings valuable experience as a former member of the inaugural SBA team.
The SBA team will officially introduce its offerings at an event on Thursday, May 22, alongside prominent SBA officials. The event will take place at Ruskin Moscou Faltischek, P.C. starting at 8:30 a.m. For additional information, or to register for this event.
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 are 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.
"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, 2023, 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.
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Contact:
Maria A. Grasso
Senior Executive Vice President, Chief Operating Officer
Flushing Bank
718-961-5400
SOURCE: Flushing Financial Corporation
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