Flushing Financial Corporation.
FFIC.US | Other monetary intermediation
Flushing Financial Corporation operates as the bank holding company for Flushing Bank, providing a range of commercial banking products and services primarily in the New York metropolitan area. The bank's deposit products include checking, savings, and money market accounts, as well as certificates ...Show More
Better Health for All
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No evidence available to assess Flushing Financial Corporation on Better Health for All.
Fair Money & Economic Opportunity
20
Flushing Bank's 2021 CRA evaluation, covering the period 2018-2021, indicates that community development loans totaled $450.3 million and small business loans were $257 million.
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These inclusion-focused loans represent approximately 10.56% of the total loan portfolio of $6.7 billion as of March 31, 2021.
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The bank also received an Outstanding CRA rating in 2021, with no discriminatory or illegal credit practices identified during the evaluation period.
3
Fair Pay & Worker Respect
10
For fiscal year 2024, the CEO's total compensation was $2,433,701, resulting in a pay ratio of 30:1 compared to the median employee compensation of $80,472.
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Employee reviews indicate an overall rating of 3.3 out of 5 stars, which corresponds to approximately 66/100 for worker engagement.
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There are no mentions of regulatory actions, violations, fines, or compliance issues related to labor laws across the provided articles.
3
Fair Trade & Ethical Sourcing
0
The provided articles do not contain any specific, quantitative data points related to fair trade or ethical sourcing practices for Flushing Financial Corporation.
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All articles explicitly state that no data is available for metrics such as fair trade certification share, audit frequency, forced or child labor incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend.
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Therefore, no KPIs can be scored based on the evidence provided.
Honest & Fair Business
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The provided articles do not contain specific, quantitative data points required to assess Flushing Financial Corporation against the 'Honest & Fair Business' ethical value. Information regarding regulatory fines, transparency index scores, details on whistleblower policy effectiveness, financial restatements, audit coverage percentages, ESG controversy scores, complaint resolution times, board conflict-free percentages, anti-corruption policy strength, or third-party verification of ethical claims is not present.
1
While a code of ethics is mentioned as being in place and an audit committee chairman is noted as a financial expert, these statements lack the numerical and outcome-based evidence necessary to score any of the defined KPIs according to the rubric's quantitative thresholds.
2
Kind to Animals
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No evidence available to assess Flushing Financial Corporation on Kind to Animals.
No War, No Weapons
0
The provided articles, which include financial summaries, an ESG risk rating, and a Code of Business Conduct and Ethics, do not contain any specific data relevant to Flushing Financial Corporation's involvement in arms or defense contracts, dual-use technology, sales to embargoed regimes, peacebuilding investment, conflict divestment, board oversight of defense, export compliance, lobbying on arms control, humanitarian procurement, human rights due diligence in conflict areas, Arms Trade Treaty compliance, AI military safeguards, UN Guiding Principles alignment, dual-use screening, surveillance transparency, ethical red lines for weapons, exposure to controversial weapons, war-risk audits, annual conflict partner reviews, defense divestment, conflict minerals, peace technology investment, conflict zone procurement, or ethical red lines compliance.
1
Therefore, no KPIs can be scored based on the evidence provided.
Planet-Friendly Business
0
Flushing Financial Corporation has issued an inaugural ESG report, as noted in multiple articles.
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However, the provided summaries of these reports explicitly state that no specific quantitative data related to environmental performance, regulatory actions, violations, fines, or compliance issues is included or available for review.
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Therefore, there is no concrete evidence to score any of the Planet-Friendly Business KPIs.
Respect for Cultures & Communities
0
The provided articles discuss the sustainability and community engagement efforts of companies such as Hershey, Mars, and Nestlé, primarily within the cocoa industry. No information or data pertaining to FFIC.US (Flushing Financial Corporation) or its operations, community engagement, or cultural respect practices is present in any of the provided articles.
1
Therefore, no KPIs can be assessed for FFIC.US based on the given evidence.
Safe & Smart Tech
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Flushing Bank was ranked No. 1 on Forbes' Most Cybersecure Banks list in March 2024.
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Inclusion in this list required no public breach disclosures in the past 12 months and a minimum 'B' rating from SecurityScorecard for the past 12 months.
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The Forbes ranking methodology explicitly considers regulatory compliance, website security, cybersecurity infrastructure, patching cadence for vulnerabilities, and technical capabilities including authentication.
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The CEO stated that a denial-of-service attack was attempted 12 years prior but was thwarted.
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The company uses phishing simulations to train employees.
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No specific incidents of unauthorized data use were mentioned.
6
Zero Waste & Sustainable Products
0
No quantitative data or specific information related to waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education is available in the provided source.
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Additionally, no information on regulatory actions, violations, fines, compliance issues, certifications, awards, or recognitions is available.
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