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News Breaks | | | | October 11, 2012 | | 09:17 EDT |  | FFIC | Flushing Savings Bank to combine with sub under NY commercial bank charter
Flushing Financial Corp., the parent holding company for Flushing Savings Bank, or FSB, announced that the Bank filed an application with the New York State Department of Financial Services, or NYSDFS, to combine with the Bank's wholly-owned subsidiary, Flushing Commercial Bank, which will have the effect of converting the Bank from a federally-chartered savings bank to a New York State-chartered commercial bank. Prior to or simultaneously with the combination, Flushing Commercial Bank's charter will be amended such that Flushing Commercial Bank will become a full-service commercial bank, rather than a limited purpose commercial bank, which it currently is, and its name will be changed to "Flushing Bank." The Bank also filed a notice of the proposed combination and charter change with its primary federal regulator, the Office of the Comptroller of the Currency, and filed an application with respect to the combination with the FDIC. In due course, the company will be filing an application with the Federal Reserve to change from a savings and loan holding company to a bank holding company under federal banking laws in connection with the transaction. | |
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| May 22, 2013 | | 08:10 EDT | | FFIC | Flushing Financial authorizes 1M share repurchase program
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