← Home
🚀 Sign up Free for Company Insights & Valuation!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free
Flushing Bank
-10.34%
Financial services / Community banking and financial services
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
Flushing Bank is a U.S. based bank that was founded in 1929. It is headquartered in Uniondale, New York and has branches throughout New York City, Long Island, and Westchester County. The bank offers a variety of financial services including personal and business checking and savings accounts, loans, mortgages, and credit cards. Flushing Bank is recognized as one of the largest independent community banks in New York.
The company prides itself on its commitment to customer service and community involvement. In addition to its financial services, Flushing Bank also offers financial education programs for individuals and small businesses.
Flushing Bank is a publicly traded company, listed on NASDAQ under the ticker symbol FFIC. It is regulated by the Federal Deposit Insurance Corporation (FDIC) and is a member of the Federal Reserve System.
The bank has received numerous awards and accolades for its financial performance and customer service. In 2020, it was named one of the Best Banks in America by Forbes magazine for the second year in a row.
Flushing Bank has over $8 billion in assets and continues to steadily grow through its commitment to providing personalized financial solutions to its customers.
The company prides itself on its commitment to customer service and community involvement. In addition to its financial services, Flushing Bank also offers financial education programs for individuals and small businesses.
Flushing Bank is a publicly traded company, listed on NASDAQ under the ticker symbol FFIC. It is regulated by the Federal Deposit Insurance Corporation (FDIC) and is a member of the Federal Reserve System.
The bank has received numerous awards and accolades for its financial performance and customer service. In 2020, it was named one of the Best Banks in America by Forbes magazine for the second year in a row.
Flushing Bank has over $8 billion in assets and continues to steadily grow through its commitment to providing personalized financial solutions to its customers.
What is special about the company?
1. Long History: Flushing Bank was founded in 1929 and has been serving the community for over 90 years. This makes it one of the oldest banks in New York.
2. Strong Financial Performance: The bank has consistently performed well financially and has maintained a strong credit rating. This demonstrates its stability and reliability as a financial institution.
3. Community-focused: Flushing Bank is deeply rooted in the communities it serves and actively supports various local organizations and events. It also offers special programs and services tailored to meet the needs of local businesses and individuals.
4. Diverse Customer Base: Flushing Bank has a diverse customer base, including individuals, small businesses, and large corporations. This diversity reflects its commitment to serving the financial needs of a wide range of clients.
5. Modern Technology and Services: The bank is committed to staying at the forefront of technology and offers convenient and secure online and mobile banking services, as well as a wide range of financial products and services.
6. Strong Customer Service: Flushing Bank is known for its exceptional customer service and has received numerous awards and recognition for its dedication to providing personalized and attentive service to its clients.
7. Local Decision Making: As a community-focused bank, Flushing Bank makes all lending decisions locally, allowing for a more personalized and flexible approach to meeting the financial needs of its customers.
8. Socially Responsible: The bank is dedicated to social responsibility and has implemented various environmentally-friendly practices, as well as programs to promote financial literacy and education in the communities it serves.
9. Strong Corporate Culture: Flushing Bank has a strong corporate culture based on integrity, teamwork, and innovation. This has helped it attract and retain top talent, resulting in a highly skilled and dedicated workforce.
10. Forward-thinking: Despite its long history, Flushing Bank remains forward-thinking and continues to evolve and adapt to the changing needs of its customers and the banking industry as a whole. This ensures its continued success and growth in the future.
2. Strong Financial Performance: The bank has consistently performed well financially and has maintained a strong credit rating. This demonstrates its stability and reliability as a financial institution.
3. Community-focused: Flushing Bank is deeply rooted in the communities it serves and actively supports various local organizations and events. It also offers special programs and services tailored to meet the needs of local businesses and individuals.
4. Diverse Customer Base: Flushing Bank has a diverse customer base, including individuals, small businesses, and large corporations. This diversity reflects its commitment to serving the financial needs of a wide range of clients.
5. Modern Technology and Services: The bank is committed to staying at the forefront of technology and offers convenient and secure online and mobile banking services, as well as a wide range of financial products and services.
6. Strong Customer Service: Flushing Bank is known for its exceptional customer service and has received numerous awards and recognition for its dedication to providing personalized and attentive service to its clients.
7. Local Decision Making: As a community-focused bank, Flushing Bank makes all lending decisions locally, allowing for a more personalized and flexible approach to meeting the financial needs of its customers.
8. Socially Responsible: The bank is dedicated to social responsibility and has implemented various environmentally-friendly practices, as well as programs to promote financial literacy and education in the communities it serves.
9. Strong Corporate Culture: Flushing Bank has a strong corporate culture based on integrity, teamwork, and innovation. This has helped it attract and retain top talent, resulting in a highly skilled and dedicated workforce.
10. Forward-thinking: Despite its long history, Flushing Bank remains forward-thinking and continues to evolve and adapt to the changing needs of its customers and the banking industry as a whole. This ensures its continued success and growth in the future.
What the company's business model?
The Flushing Bank company’s business model is primarily focused on providing a wide range of banking and financial services to individuals and businesses in the New York City area. This includes offering personal and business deposit accounts, consumer and commercial loans, online and mobile banking services, and investment services.
The company also generates revenue through various fee-based services, such as ATM fees, wire transfer fees, and account maintenance fees. Additionally, Flushing Bank generates income through the interest earned on its loan portfolio and investments.
The company’s business model also includes a strong emphasis on customer service, community involvement, and technology and innovation. This helps to attract and retain customers and strengthen its position in the competitive banking industry.
The company also generates revenue through various fee-based services, such as ATM fees, wire transfer fees, and account maintenance fees. Additionally, Flushing Bank generates income through the interest earned on its loan portfolio and investments.
The company’s business model also includes a strong emphasis on customer service, community involvement, and technology and innovation. This helps to attract and retain customers and strengthen its position in the competitive banking industry.
Interesting facts about the company
1. Flushing Bank was founded in 1929 in Flushing, New York.
2. It is one of the oldest banks in New York City and is one of the largest community banks in the state.
3. The bank’s original name was the Bank of Flushing until it changed to Flushing Savings Bank in 1956.
4. In 1998, the bank changed its name to Flushing Financial Corporation to better reflect its expanded services and products.
5. Flushing Bank has over $6 billion in assets and operates 18 branches in Queens, Brooklyn, Manhattan, and Long Island.
6. The bank is a member of the Federal Deposit Insurance Corporation (FDIC) and is an Equal Housing Lender.
7. In a 2019 survey, Flushing Bank was named one of the top 10 best banks in New York by BankDirector.com.
8. The bank offers a variety of banking services including personal and business checking accounts, savings accounts, loans, and investments.
9. Flushing Bank has been recognized for its philanthropic efforts and supports various community organizations and non-profits in the areas it serves.
10. Flushing Bank is committed to promoting financial literacy and offers educational programs for individuals and businesses to help them make informed financial decisions.
See Company Due Diligence:
2. It is one of the oldest banks in New York City and is one of the largest community banks in the state.
3. The bank’s original name was the Bank of Flushing until it changed to Flushing Savings Bank in 1956.
4. In 1998, the bank changed its name to Flushing Financial Corporation to better reflect its expanded services and products.
5. Flushing Bank has over $6 billion in assets and operates 18 branches in Queens, Brooklyn, Manhattan, and Long Island.
6. The bank is a member of the Federal Deposit Insurance Corporation (FDIC) and is an Equal Housing Lender.
7. In a 2019 survey, Flushing Bank was named one of the top 10 best banks in New York by BankDirector.com.
8. The bank offers a variety of banking services including personal and business checking accounts, savings accounts, loans, and investments.
9. Flushing Bank has been recognized for its philanthropic efforts and supports various community organizations and non-profits in the areas it serves.
10. Flushing Bank is committed to promoting financial literacy and offers educational programs for individuals and businesses to help them make informed financial decisions.
See Company Due Diligence:
Wait! There's more — sign up for free or log in