Flushing Financial Corporation announces quarterly dividend.FLUSHING, N.Y.--(BUSINESS WIRE)--Sept. 18, 1996-- Flushing Financial Corporation (Nasdaq:FFIC FFIC Fitness Franchise Information Center (Camarillo, CA) FFIC Fault-Free Integrated Circuit ) ("Flushing Financial") today announced that its Board of Directors has declared a quarterly dividend on its common stock of $.04 per common share. The dividend will be payable on October 15, 1996 to shareholders of record at the close of business on September 30, 1996. James F. McConnell, Flushing Financial's President and Chief Executive Officer stated: "We are pleased to announce our first quarterly cash dividend of $.04, which reflects the Company's financial performance since becoming a public company. The Board will consider future quarterly dividends, based on the Company's earnings, financial conditions and other factors." Flushing Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. , FSB (FrontSide Bus) See system bus. FSB - front side bus , is a federally chartered stock savings bank, insured by the FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). through the Bank Insurance Fund. The Bank conducts its business through seven banking offices in Queens, Brooklyn, Manhattan and Nassau County Nassau County is the name of two counties in the United States of America:
CONTACT: Michael J. Hegarty Executive Vice President Flushing Financial Corporation (718) 961-5400 or John P. Kehoe / Van Negris Kehoe, White, Savage & Co., Inc. (212) 888-1616 |
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