Flushing Savings Bank Celebrates New Location in Astoria, Queens with Ribbon Cutting Ceremony; Location is 11th Branch in New York Metropolitan Area.Business Editors FLUSHING, N.Y.--(BUSINESS WIRE)--Nov. 4, 2003 City, state and county officials, along with residents, local business people and senior executives of 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 (the "Bank"), a federally chartered, FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). insured savings institution and wholly owned by Flushing Financial Corporation (Nasdaq: FFIC FFIC Fitness Franchise Information Center (Camarillo, CA) FFIC Fault-Free Integrated Circuit ), came together last week for a ribbon-cutting ceremony to celebrate the grand opening of Flushing Savings Bank's 11th full-service branch at 31-16 30th Avenue in the heart of Astoria, Queens Astoria is a neighborhood in the northwestern corner of the borough of Queens in New York City. Located in Community Board 1, Astoria is bounded by the East River and is adjacent to three other Queens neighborhoods: Long Island City (bordering at Broadway), Sunnyside (bordering at . The ribbon-cutting was enthusiastically attended by the community and the new branch was warmly received. Guests included State Senator George Onorato; Seth Bernstein, Office of the President, Borough of Queens; Assemblyman Michael Gianaris, John Pellitieri, Office of Peter F. Vallone Jr., Community Liasion; Jerry Thornton, Queens Chamber of Commerce; Gus Prentzas, Democratic Committee Member 36th District Assembly; and members of the press. Michael J. Hegarty, President and Chief Executive Officer of Flushing Financial Corporation and Flushing Savings Bank, commented: "We are excited about Flushing Savings Bank's new branch and we were pleased to welcome our guests who attended the ribbon cutting ceremony A ribbon cutting ceremony is a public ceremony conducted to inaugurate the opening to the general public of a new building or business. Often, it is conducted in just the manner the name suggests: by tying a ceremonial ribbon across the main entrance of the building, which and shared this special event with us. We are very optimistic on the economic future of Astoria and look forward to expanding our presence in the community." The Astoria branch Grand Opening Celebration will continue through the month of November offering great rates on CDs and free gifts for opening accounts including TVs, DVDs, Camcorders, Computers, just to mention a few. The branch offers Three (3) SURCHARGE FREE ATMs and the new "AccessPlus" checking which PAYS OTHER BANKS ATM SURCHARGE FEES. John R. Buran bu·ran n. A violent windstorm of the Eurasian steppes, accompanied in summer by dust and in winter by snow. [Russian, probably from Tatar.] , Executive Vice President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Flushing Financial Corporation, commented: "Flushing Savings Bank's entry into Astoria is great news for Queens residents and businesses, while reaffirming the community's reputation as an excellent place to do business. We've seen a tremendous response to our new Astoria branch. We look forward to serving the needs of the community and providing one-on-one personal service that has been the cornerstone of success for Flushing Savings Bank. Flushing Financial Corporation is the holding company for Flushing Savings Bank, FSB, a federally chartered stock savings bank insured by the FDIC. The Bank currently conducts its business through eleven banking offices located in Queens, Brooklyn, Manhattan, Bronx and Nassau County. For more information relating to the Astoria branch grand opening celebration, please call 718.721.7878 or visit our Web Site at www.flushingsavings.com. |
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