The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
Approval of Application by Flushing Financial Corporation, Lake Success, New York
January 23, 2013
NEW YORK—The Federal Reserve Bank of New York approved the application by Flushing Financial Corporation, Lake Success, New York, to become a bank holding company upon the merger of Flushing Savings Bank, FSB, Flushing, New York, with and into Flushing Commercial Bank, Lake Success, New York. Flushing Commercial Bank will become a New York State-chartered commercial bank and change its name to Flushing Bank.
The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.