December 14, 2020
SUPERINTENDENT LACEWELL ANNOUNCES DFS APPROVES NEW BANK BRANCH
Flushing Bank to Open and Operate New Branch in Jamaica, Queens County
Superintendent of Financial Services Linda A. Lacewell today announced that the New York State Department of Financial Services (DFS) has approved the application of Flushing Bank to open and operate a new branch office on Sutphin Boulevard in Jamaica, Queens County.
“It is critical to expand banking services across the state to ensure financial services are accessible to all New Yorkers,” said Superintendent Lacewell. “The approval will not only help the residents in the surrounding areas access services but also nearby small businesses, stores, and restaurants who’ve been hit the hardest during these difficult times.”
With the new additional branch office and its recent acquisition of Empire National Bank, Flushing Bank will operate 25 branch offices located in the New York City Boroughs of Queens, Brooklyn, Manhattan, and on Long Island. Flushing Bank’s combined total assets on pro forma basis after the acquisition of Empire is $8 billion.
“Flushing Bank has a long history of serving the diverse, multicultural markets of the New York Metropolitan area,” said John R. Buran, President and CEO of Flushing Bank. “We are excited to expand our presence in Queens and introduce our Universal Banker model with unique services including our Appointment Banking and Video Banker to this vibrant community. Our enhanced digital services will provide customers remote, mobile access to their accounts wherever and whenever they choose. As a community bank, we believe it is important to give back and demonstrate our commitment by sponsoring cultural and local organizations through financial and volunteer support. We look forward to building upon this commitment to serve the individuals, families, and businesses of Jamaica and the surrounding area.”