Flushing Bank
Flushing Bank is an FDIC-insured New York State chartered commercial bank serving retail consumers, SMBs, commercial real estate borrowers, and government entities across the New York metropolitan area. Following its June 2026 merger with OceanFirst Financial, it now operates as a division of OceanFirst Bank N.A.
- Company typePublic
- Founded1995
- HeadquartersNassau, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Flushing Bank does
Flushing Bank is a New York State chartered stock commercial bank insured by the FDIC, operating as the primary banking subsidiary of Flushing Financial Corporation (formerly NASDAQ: FFIC). Founded in 1929 and headquartered in Uniondale, New York, the bank serves retail consumers, small and medium-sized businesses, commercial real estate borrowers, residential mortgage customers, and government entities across the New York metropolitan area, with branches concentrated in Queens, Brooklyn, Manhattan (including Chinatown), and Long Island. Its product suite spans consumer and business deposit products (checking, savings, money market, CDs), lending (business, commercial real estate, residential mortgage), cash management, merchant services, and accessible banking services, supported by online and mobile banking platforms with mobile check deposit and Zelle P2P payments.
The bank's revenue model is anchored in net interest income from the spread between interest earned on its loan portfolio (residential mortgages, commercial real estate, business lending) and interest paid on deposits, supplemented by non-interest income from deposit fees, overdraft charges, wire transfer fees, cash management, and merchant services. Distribution is primarily community-led through physical branches combined with self-service digital channels, and the bank differentiates via multilingual capabilities (English, Spanish, Chinese), relationship-based service, and a strong franchise serving the Asian-American community in NYC.
As of June 1, 2026, Flushing Bank ceased operating as an independent entity following the completion of OceanFirst Financial Corp.'s all-stock acquisition valued at approximately $579 million. The bank now operates as a division of OceanFirst Bank N.A., with the combined entity controlling approximately $23 billion in assets, $17 billion in loans, $18 billion in deposits, and 71 retail branches across New Jersey, New York, Long Island, and Pennsylvania. Warburg Pincus made a concurrent $225 million strategic equity investment representing approximately 12% ownership in the combined entity, and former Flushing CEO John Buran joined OceanFirst's board as non-executive Chairman.
Flushing Bank firmographics
Firmographics- Name
- Flushing Bank
- Legal name
- Flushing Financial Corporation
- Website
- https://flushingbank.com
- Company type
- Public
- Founded year
- 1995
- Operating status
- Acquired
- Headcount range
- 251–500 employees
- Short description
- Flushing Bank is an FDIC-insured New York State chartered commercial bank serving retail consumers, SMBs, commercial real estate borrowers, and government entities across the New York metropolitan area. Following its June 2026 merger with OceanFirst Financial, it now operates as a division of OceanFirst Bank N.A.
- Ownership category
- akta.pro rank
Flushing Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE), Payables & Disbursements (ACH/SEPA, wires, checks, virtual cards) (FSABAIAB)
Keywords
Where Flushing Bank is headquartered
LocationHeadquarters
- HQ city
- Nassau
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Flushing Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Net Interest Income: Traditional banking revenue generated from the spread between interest earned on loans (residential mortgages, commercial real estate, business lending) and interest paid on deposits (checking, savings, CDs, money market accounts). Represents the primary revenue driver for the bank as a community/regional financial institution.
- Non-Interest Income: Fee-based income from deposit account fees, overdraft fees, wire transfer fees, merchant services, cash management services, and other banking service charges.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Consumer and business checking, savings, money market, and CD accounts with fee schedules published on the website. |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Flushing Bank product offering
Product offeringCore offering
Flushing Bank is a community-based commercial bank providing personal deposit products (checking, savings, money market, CDs, retirement/investing), business banking products (business checking, savings, money market, professional advantage, cash management, merchant services), government deposit products, and lending solutions (business, commercial real estate, and residential mortgages). The bank distributes these offerings through an extensive branch network across New York City and Long Island complemented by online and mobile banking, mobile check deposit, and Zelle peer-to-peer payments.
Product overview
Flushing Bank offers a unified retail and commercial banking platform with a comprehensive suite of deposit products, lending solutions, and digital banking services. The core banking offering includes personal checking (Complete Checking), savings, money market accounts, and CDs, alongside business banking products such as Business Checking, Business Money Market, and Professional Advantage services. Digital banking capabilities are delivered through Online and Mobile Banking with integrated features including Mobile Check Deposit, Zelle peer-to-peer payments, and Cash Management services. The bank provides specialized lending for business, commercial real estate, and residential properties. Additional services include Merchant Services for payment processing, Government deposit products, Retirement and Investing services, and Accessible Banking features. As of June 2026, Flushing Bank operates as a division of OceanFirst Bank N.A. following the merger completion.
Differentiator
Problem solved
Functional benefit
Products and services
- Complete Checking
- Savings Accounts
- Consumer Indexed Money Market
- Certificates of Deposit
- Retirement and Investing
- Business Checking
- Business Money Market
- Business Savings
- Professional Advantage
- Cash Management
- Merchant Services
- Business Lending
- Commercial Real Estate Lending
- Residential Real Estate Lending
- Debit Cards
- Government Deposit Products
Companies that use Flushing Bank
Customer profileSegments5 records
Ideal customer profiles5 records
Flushing Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Flushing Bank partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights4 records
Flushing Bank competitors and assessment
Company assessmentDirect peers
- Hanmi Financial Corporation: Korean-American focused community bank with a similar ethnic-community banking model and SME/commercial lending focus; comparable to Flushing's Asian-American community franchise strategy.
- Cathay General Bancorp: Chinese-American focused commercial bank serving the Asian-American community across multiple U.S. metros; the most direct peer to Flushing's multilingual Chinese-language community-banking niche.
- Trustco Bank Corp: New York-based community bank with similar relationship-banking model and emphasis on retail deposit gathering and residential/mortgage lending across upstate NY and neighboring metros.
- Valley National Bancorp: New Jersey-headquartered regional commercial bank serving similar NY/NJ metro SMB and consumer customers with comparable deposit and CRE lending products; an organic peer in geographic and product overlap.
- Northfield Bancorp: Staten Island-based community bank serving the New York metropolitan area with similar multifamily lending focus and community-banking orientation; closely comparable in scale and geography.
- Provident Financial Services: New Jersey-based community bank with overlapping NY/NJ metro customer base, similar deposit and CRE lending products, and comparable mid-cap regional bank scale.
- Dime Community Bancshares: Long Island-headquartered community bank with a similar mix of multifamily lending, relationship banking, and Brooklyn/Queens deposit franchise; direct overlap with Flushing's core market and product set.
- New York Community Bancorp: The largest thrift/commercial bank headquartered in the New York metro area with deep multifamily and CRE lending concentration. Closest direct comparable to Flushing's NYC-focused community-banking model and rent-regulated lending specialization.
Regional players
- First Bank (NJ): New Jersey-based community commercial bank serving similar SMB and consumer customers with deposit, lending, and digital banking products; comparable in scale and business model but primarily NJ rather than NYC.
Broad incumbents
- OceanFirst Financial Corp: Acquirer of Flushing Financial; New Jersey-based regional bank serving similar NY/NJ metro customers across a broader geographic footprint now including Pennsylvania. Becomes the parent and structural peer post-merger.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Flushing Bank social profiles
Digital presenceFlushing Bank compliance and trust
Trust signalCompliance4 records
Flushing Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Flushing Bank leadership team
Management profileNumber of profiles
Flushing Bank subsidiaries and ownership
Company hierarchySubsidiaries1 record
Flushing Bank funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Flushing Bank M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Flushing Bank
What does Flushing Bank do?
Flushing Bank is a community-based commercial bank providing personal deposit products (checking, savings, money market, CDs, retirement/investing), business banking products (business checking, savings, money market, professional advantage, cash management, merchant services), government deposit products, and lending solutions (business, commercial real estate, and residential mortgages). The bank distributes these offerings through an extensive branch network across New York City and Long Island complemented by online and mobile banking, mobile check deposit, and Zelle peer-to-peer payments.
Is Flushing Bank a public or private company?
Flushing Bank is a public company. It is classified as corporate owned and is currently acquired.
When was Flushing Bank founded?
Flushing Bank was founded in 1995. It employs 251 to 500 people.
Where is Flushing Bank based?
Flushing Bank is headquartered in Nassau, United States, in the North America region.
How does Flushing Bank make money?
Two revenue lines are on record. Net Interest Income is the primary driver. The others are non-Interest Income.
Who are Flushing Bank's main competitors?
Direct peers on record are Hanmi Financial Corporation, Cathay General Bancorp, Trustco Bank Corp, Valley National Bancorp, Northfield Bancorp, Provident Financial Services, Dime Community Bancshares and New York Community Bancorp. First Bank (NJ) is listed as a regional player. OceanFirst Financial Corp is listed as a broad incumbent.
Does Flushing Bank have an API?
No public API is recorded for Flushing Bank.
What industry is Flushing Bank in?
Flushing Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAE, Branch & In-Person Banking (Teller/ATM Networks). Its NAICS code is 52211 and its SIC code is 6022.