Under DelliBovi's leadership, the New York bank has expanded advances tenfold and increased its assets by more than $100 billion.

Alfred DelliBovi, the former chief executive of Federal Home Loan Bank of New York, will join the board of Flushing Financial Corp. in Lake Success, N.Y.

His appointment to the $4.8-billion-asset company's board will take effect on July 1.

"Mr. DelliBovi is a nationally recognized authority on banking, the lending industry, housing and public finance," said John Buran, Flushing's chief executive, in a press release on Wednesday.

DelliBovi served as the head of Federal Home Loan Bank for 21 years. Prior to that, he held senior positions in the federal government, including at the Department of Housing and Urban Development and Department of Transportation. He also served four terms as a member of the New York State Assembly.

Flushing Financial is the parent company of Flushing Bank, which operates 17 branches throughout New York City and Long Island. The company also operates iGoBanking.com, an online banking website.

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