Flushing Bank

Overview / Commentary
260E Rxr Plaza
Uniondale, NY 11556

Flushing Bank is headquartered in UNIONDALE and is the 14th largest bank in the state of New York. It is also the 176th largest bank in the nation. It was established in 2007 and as of March of 2024, it had grown to 556 employees at 28 locations. Flushing Bank's CD rates are 4X the national average, and it has an A health rating.

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Reviews (2)

Worst Bank In The State

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.

Apparently They Don’T Want New Business

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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.


Health Grade Components

FDIC Certificate #58564
Year Established2007
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.29%
Return on Equity - YTD3.14%
Annual Interest Income$110.8MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$8.8B$8.48B
LoansQ1 2024vs Q1 2023$6.78B$6.87B
DepositsQ1 2024vs Q1 2023$7.34B$6.75B
Equity CapitalQ1 2024vs Q1 2023$808.5MM$884.3MM
Loan Loss AllowanceQ1 2024vs Q1 2023$40.8MM$38.7MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$22.3MM$20.2MM
Real Estate OwnedQ1 2024vs Q1 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.

Flushing Bank Savings Account Rates

0.05%$0-Statement Savings

Flushing Bank Money Market Rates

0.60%*$100k*$500kMaximum Money Market - New Money
OTHER TIERS: 0.40% $25k - $75k | 0.50% $75k - $100k

Flushing Bank CD Rates

5.40%$1k-91 Day CD
4.85%$1k-9 Month CD
4.00%$1k-6 Month CD
3.75%$1k-12 Month CD


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