Flushing Financial plants flag in Nassau

Solnik, Claude
June 2005
Long Island Business News (7/1993 to 5/2009);6/17/2005, Vol. 52 Issue 25, p7B
This article reports that Nassau County, New York is rapidly becoming the headquarters area for banks who made it big in the city but who want to plant their flags in Long Island. Flushing Financial Corp. became the latest just last August when it moved a 50-person staff into a new head quarter just blocks from rival Astoria Federal Savings. One of the architects of the expansion has been John R. Buran, who takes over from retiring chief executive officer and president Michael J. Hegarty on June 30, 2005. As chief operating officer, Buran has been on board since 2001 and feels the old New York institution has become a stronger, more profitable institution than it was just four short years ago.


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