Business
Flushing Financial Reports Annual Shareholder Meeting Results
UNIONDALE, N.Y., May 25, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank
About this update from Flushing Financial Corporation
[{"type":"text","content":"UNIONDALE, N.Y., May 25, 2023 (GLOBE NEWSWIRE) -- Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced that on May 16, 2023, it held its annual shareholder meeting, in a virtual-only format. At the meeting, by overwhelming majorities all of the Company’s nominees were elected and the shareholders ratified the selection of BDO USA, LLP as Flushing Financial’s independent registered public accounting firm for the year ending December 31, 2023. In addition, the shareholders supported, also overwhelmingly, the board-sponsored proposals to approve, on an advisory basis, the compensation of the Company’s named executive officers and the one-year frequency of future advisory votes to approve the compensation of the Company’s executive officers. “We thank all shareholders for their engagement, participation, and ongoing support. Last year was a year filled with market volatility and aggressive rate movements by the Federal Reserve. Despite the challenging environment, the Company recorded its second highest annual core earnings, which followed record earnings in 2021,” stated John R. Buran, President and Chief Executive Officer. The voting results were verified by the independent inspectors of election and are available on the Company’s Form 8-K filed with the Securities and Exchange Commission on May 18, 2023. About Flushing Financial Corporation Flushing Financial Corporation (Nasdaq: FFIC) is the holding company for Flushing Bank®, an FDIC insured, New York State—chartered commercial bank that operates banking offices in Queens, Brooklyn, Manhattan, and on Long Island. The Bank has been building relationships with families, business owners, and communities since 1929. Today, it offers the products, services, and conveniences associated with large commercial banks, including a full complement of deposit, loan, equipment finance, and cash management services. Rewarding customers with personalized attention and bankers who can communicate in the languages prevalent within these multicultural markets is what makes the Bank uniquely different. As an Equal Housing Lender and leader in real estate lending, the Bank’s experienced lending teams create mortgage solutions for real estate owners and property managers both within and outside the New York City metropoli...