Flushing Financial, the parent holding company for Flushing Bank, hired Michael C. Nedder to lead the bank’s newly formed equipment financing business unit.

John R. Buran, president and CEO, said, “We continuously evaluate opportunities in the market to add new lending niches to our business strategy. We have been successful in our commercial and industrial loan sector and felt that equipment financing would be a good complement to our core competencies. We are fortunate to have a veteran like Mike join our team. He brings over 30 years of experience and has a unique expertise in this lending sector.”

Prior to joining Flushing Bank, Nedder spent 15 years in capital markets as an indirect originator and top producer in the equipment finance field, most recently managing an asset finance platform for a community bank. He also worked in the hedge fund industry in a senior sourcing capacity.

Flushing Financial is the holding company for Flushing Bank, a New York State-chartered commercial bank insured by the Federal Deposit Insurance Corporation. The bank offers deposit, loan and cash management services through its 19 banking offices located in Queens, Brooklyn, Manhattan and Nassau County.