8-K

                                  UNITED STATES
                       SECURITIES and EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

Date of report:                     August 28, 1998.
Date of earliest event reported:    August 20, 1998.


                         FLUSHING FINANCIAL CORPORATION
                         ------------------------------
             (Exact name of registrant as specified in its charter)

                                    000-24272
                            (Commission File Number)

               DELAWARE                                  11-3209278
    (State or other jurisdiction of             (I.R.S. Employer Identification
            incorporation)                                 Number)


       144-51 NORTHERN BOULEVARD
           FLUSHING, NEW YORK                           11354
 (Address of principal executive offices)            (Zip code)

                                 (718) 961-5400
              (Registrant's telephone number, including area code)

                                 Not Applicable
          (Former name of former address, if changed since last report)






Item 5.    OTHER EVENTS

         See press release  attached as Exhibit 1 regarding  three for two stock
split in the form of a 50%  stock  dividend,  payable  on  September  30,  1998.
Shareholders  will  receive  one  additional  share for every two  shares of the
Corporation's common stock held at the record date, September 10, 1998.
Cash will be paid in lieu of fractional shares.


Item 7.     EXHIBITS

1. Press release of Flushing Financial Corporation, dated August 20, 1998.






                                    SIGNATURE

         Pursuant to the  requirements of Section 12 of the Securities  Exchange
Act of 1934, the registrant  has duly caused this  registration  statement to be
signed on its behalf by the undersigned, thereto duly authorized.

Dated:    August 28, 1998
          ---------------

                                 FLUSHING FINANCIAL CORPORATION

                                 By:      /s/ James F. McConnell
                                          ----------------------
                                 Name:    James F. McConnell
                                 Title:   President and Chief Executive Officer








                                INDEX TO EXHIBITS

Exhibit                                                              Page

1.       Press release of Flushing Financial Corporation, 
         dated August 20, 1998                                        6

EX-99

EXHIBIT 1.

FFC
FLUSHING
FINANCIAL CORP.

CONTACT:
Michael J. Hegarty                      Van Negris/Phillip J. Denning
Executive Vice President                Kehoe, White, Van Negris & Company, Inc.
Flushing Financial Corporation          (212) 396-0606
(718) 961-5400

FOR IMMEDIATE RELEASE

           FLUSHING FINANCIAL CORPORATION APPROVES 3 FOR 2 STOCK SPLIT
                               AND RAISES DIVIDEND

FLUSHING,  NY -- AUGUST 20,  1998 --  Flushing  Financial  Corporation  (Nasdaq:
FFIC),  the parent  holding  company  for  Flushing  Savings  Bank,  FSB,  today
announced  that  the  Board of  Directors  of the  Corporation  has  approved  a
three-for-two  stock  split  of the  Corporation's  common  stock  to be paid on
September  30,  1998,  to  stockholders  of record at the close of  business  on
September 10, 1998.

The  Corporation  also  announced  that the Board has declared a quarterly  cash
dividend in the amount of $0.09 per share  payable on September  30, 1998 on the
shares outstanding before the stock split to shareholders of record at the close
of business on September 10, 1998.  This dividend is at the annual rate of $0.36
for each share of common stock presently  outstanding,  representing an increase
of $0.04 per share  annually  over the previous  rate.  In terms of shares which
will be outstanding as a result of the  three-for-two  stock split, the dividend
is at the annual rate of $0.24 per share.

James F. McConnell,  Flushing Financial's President and Chief Executive Officer,
stated:  "The continued  improvement in Flushing's  financial  position,  strong
capital position and operating  outlook underlie the Bank's decision to increase
the dividend and to also declare a 50 percent stock  dividend,  which we believe
will  increase our  liquidity in the market.  The Board will  continue to review
future dividend payouts on a quarterly basis."

Flushing Financial Corporation is the holding company for Flushing Savings Bank,
FSB, a federally  chartered  stock  savings bank  insured by the FDIC.  The Bank
conducts its business through seven banking offices located in Queens, Brooklyn,
Manhattan and Nassau County.
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