Flushing Savings Bank Opens First In-Store Supermarket Branch in New Edwards Super Food Store.FLUSHING, N.Y.--(BUSINESS WIRE)--JUNE 5, 1998-- New Hyde Park, New York New Hyde Park is a village in Nassau County, New York, United States, on Long Island. New Hyde Park continues across the New York City border as a neighborhood in the borough of Queens. The population of New Hyde Park was 9,523 at the 2000 census. Customers Have Access to Full-Service Banking Services At Flushing's New In-store Supermarket Branch in New Edwards Super Food Store Flushing Financial Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :FFIC FFIC Fitness Franchise Information Center (Camarillo, CA) FFIC Fault-Free Integrated Circuit ), the parent company 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. , today announced that it has opened its first In-Store Supermarket Branch in the new Edward's Super Food Store on Hillside Avenue in New Hyde Park, New York. James F. McConnell, Flushing Financial's President and Chief Executive Officer, commented: "Flushing's full-service supermarket banking is the perfect way for shoppers to get the financial products and services they need. Flushing's first supermarket branch can address virtually all of its customers' financial needs whether it be checking or savings accounts, certificates of deposits, investment products, a mortgage or home equity loan or life insurance with the added convenience of extended hours and time-saving grocery store access." Other amenities include a 24-hour automated teller machine automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. (ATM) and three private customer service areas. The In-Store Supermarket Branch is open seven (7) days a week. Hours of service are Monday to Friday from 10:00 a.m. to 7:00 p.m. and Saturday and Sunday from 10:00 a.m. to 4:00 p.m. Mr. McConnell continued: "Flushing has a strong customer and technology focus, supermarket banking links the two. Our in-store bankers have the capacity to meet customer financial needs just like they would at any of our other locations. The key difference is our marketing approach. Supermarkets present a unique sales environment. By bringing together the supermarket and the Bank, the convenience of one-stop shopping becomes a reality." Flushing will continue to operate a full-service branch office located in the same shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into as the Edward's Supermarket. Together, the two banking facilities will provide convenience for current and future customers. Flushing Financial Corporation is the holding company for Flushing Savings Bank, FSB (FrontSide Bus) See system bus. FSB - front side bus , a federally chartered stock savings bank insured by the FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). . The Bank conducts its business through seven banking offices located in Queens, Brooklyn, Manhattan and Nassau County. CONTACT: Michael J. Hegarty Executive Vice President Flushing Financial Corporation 718/961-5400 or Van Negris/Philip J. Denning Kehoe, White, Savage & Company, Inc. 212/396-0606 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion