Flushing Bank is headquartered in UNIONDALE and is the 14th largest bank in the state of New York. It is also the 174th largest bank in the nation. It was established in 2007 and as of June of 2024, it had grown to 560 employees at 28 locations. Flushing Bank's CD rates are 4X the national average, and it has an A health rating.
This bank steals from its customers. Don't ever ever use them. They are corrupt. Don't get a bank account here and run somewhere else for a morgage. They want to destroy and steal all your money. They charge a fee for everything and during the pandemic wanted to steal our home. Don't ever use them in your life. So many banks around, no use using them. Avoid problems in the future. You don't know a bank until you run into trouble and this bank is ruthless. Horrible place. I gave 1 star but they deserve nothing.
I called the New Hyde Park Branch about opening an account. Nice man said they could handle that and told me to come in next week and he made an appointment for me with another person at the branch. The time of the appointment wasn’t convenient for me but I accepted and showed up on time. The gentleman I met said he couldn’t really help me and told me to see a woman at a desk. Ok fine but then she tells me to have a seat and leaves me waiting for 20 minutes. Meanwhile I looked around and there were three bankers at desks and only one had a customer. The other two were doing some work on their computers while I was twiddling my thumbs. A potential customer was there to bring $$$$ into their branch but none of these so called bankers could be bothered to put aside their paperwork or whatever they were doing to assist me.
Finally I asked one of the other bankers if someone could help me and someone called me to their desk about five minutes later. Unfortunately that person was unable to figure out how to handle the basic account I was interested in. They made a call to another department but I was told there was no answer because the person was working from home. Huh? They have people working from home but they don’t answer their phones during business hours?
That was enough to tell me I didn’t want any of these people or this branch handling my money.
Overall | |
---|---|
FDIC Certificate # | 58564 |
Year Established | 2007 |
Employees | 560 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.32% |
Return on Equity - YTD | 3.52% |
Annual Interest Income | $225.5MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2024vs Q2 2023 | $9.1B$8.47B |
Loans | Q2 2024vs Q2 2023 | $6.74B$6.79B |
Deposits | Q2 2024vs Q2 2023 | $6.99B$6.73B |
Equity Capital | Q2 2024vs Q2 2023 | $812.9MM$892.1MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $41.6MM$38.6MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $32MM$17.5MM |
Real Estate Owned | Q2 2024vs Q2 2023 | $665K$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $0 | - | Statement Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.60%* | $100k* | $500k | Maximum Money Market - New Money | ||
OTHER TIERS: 0.40% → $25k - $75k | 0.50% → $75k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
4.75% | $1k | - | 91 Day CD | |
4.00% | $1k | - | 12 Month CD | |
3.75% | $1k | - | 24 Month CD | |
3.75% | $1k | - | 9 Month CD |