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Flushing Financial Corporation Announces the Retirement of Robert Callicutt, Senior Vice President of the Residential Real Estate Mortgage Department

3 February 2007

Flushing Financial Corporation (the "Company") (Nasdaq: FFIC), the parent holding company for Flushing Savings Bank, FSB today announced the retirement of Robert Callicutt, Senior Vice President of the Residential Real Estate Mortgage Department. The announcement was made by John R. Buran, Flushing Financial's President and Chief Executive Officer on behalf of Flushing's Board of Directors.


Mr. Callicutt, who has been with Flushing Savings Bank for the past 11 years, is a 43-year veteran of the banking industry. In addition to his career in Banking, Bob is a Certified General Appraiser, and has previously served on the Board of Directors of the local Northern Queens Chapter for the Neighborhood Housing Services of New York City.


Mr. Buran stated: "I am proud of the job Bob did managing our Residential Real Estate Mortgage Department, and equally pleased with the way he transitioned the department from primarily focusing on traditional residential lending to expanding the scope of the portfolio with small multi-family and mixed-use properties. Bob's presence in the Bank will be missed, and we wish him the very best in retirement."


"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this Press Release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors discussed in the Company's Annual Report on Form 10-K and in other documents filed by the Company with the Securities and Exchange Commission from time to time. Forward-looking statements may be identified by terms such as "may", "will", "should", "could", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "forecasts", "potential" or "continue" or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.


Flushing Financial Corporation is the holding company for Flushing Savings Bank, FSB, a federally chartered stock savings bank insured by the FDIC. The Bank conducts its business through fourteen banking offices located in Queens, Brooklyn, Manhattan, and Nassau County. Additionally, the Bank has further expanded outside its geographic footprint with its new online banking division, iGObanking.com.


Additional information on Flushing Financial Corporation may be obtained by visiting the Company's web site at http://www.flushingsavings.com.

Source: prnewswire


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