Flushing Financial Corporation announced the hiring of a new deposit-focused team of three bankers. This strategic move is designed to deepen customer relationships and drive core funding for Flushing Bank.
The addition of this team is a direct investment in enhancing the company's business mix and revenue streams. It underscores Flushing Financial's proactive approach to strengthening its deposit franchise.
By focusing on core relationships, the new team is expected to contribute to the growth of noninterest-bearing deposits, which are a key component of the company's funding strategy. This initiative supports the overall goal of improving profitability and operational efficiency.
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