Great rates like ours are always in season.
Maximum
Money Market 2.00%
APY1
$100,000 minimum deposit
12-Month
2.65%
CD or IRA CD $5,000 minimum deposit
To qualify you must have or open any Flushing Bank Complete Checking account3 which provides you
with access to over 55,000 ATMs, ATM fee rebates, mobile banking and mobile check deposit.
For more information and to find out about our other great offers, visit your local Flushing Bank branch,
call 800.581.2889 (855.540.2274 TTY/TDD) or visit www.FlushingBank.com.
Small enough to know you.
Large enough to help you.®
1 New Maximum Money Market account and new money only. APY effective January 10, 2019. Annual percentage yield assumes principal and interest remain on deposit for a full year
at current rate. Minimum deposit balance to open the Maximum Money Market account is $5,000. Funds cannot be transferred from an existing Flushing Bank account. The APY for the
Maximum Money Market account is 0.10% for daily account balances between $0 and $4,999, 0.15% for daily balances between $5,000 and $24,999, 1.25% for daily balances between
$25,000 and $74,999, 1.25% for daily balances between $75,000 and $99,999 and 2.00% for daily balances of $100,000 or more. Rates may change at any time without notice. You must
maintain the stated tier balance for the statement cycle to receive the respective disclosed yield for that tier. 2 New money only. APY effective January 10, 2019. Annual percentage yield
assumes principal and interest remain on deposit for a full year at current rate. Minimum deposit balance of $5,000 is required. Funds cannot be transferred from an existing Flushing
Bank account. For new IRA and rollover accounts, the minimum deposit balance is $5,000. Premature withdrawals may be subject to bank and IRS penalties. Rates and offer are subject
to change without notice. 3 New money required for new checking accounts only. A Flushing Bank checking account with a $5,000 minimum balance is required to receive
the advertised rate. Certain fees, minimum balance requirements and restrictions may apply. Fees may reduce earnings on these accounts. A checking account is not
required for IRA accounts. Flushing Bank is a registered trademark
COURIER L 46 IFE, FEB. 22–28, 2019 M BR B G
APY2
resident Lyndon Johnson’s
War on Poverty led
to the establishment of
Community Services Block
Grants, with a mission to fight
poverty, revitalize underserved
communities, and help
uplift low-income families
that would otherwise be left
behind through a multitude of
services and activities at the
local level.
It was local economic empowerment
in action at the
grass-roots level, propelled by
federally funded taxpayer dollars
returning to the state and
city to be invested in making a
difference and correcting historical
disparities. Through
the years, the communitybased
organizations that received
funding through this
program have implemented
countless numbers of projects
that have made a tangible difference
in people’s lives, from
environmental improvement
to refugee services.
Nearly 50 years after this
federal program began, Brooklyn
faces the real danger of
its local extinction. Community
Services Block Grants
are currently funneled from
the nation’s capital to Albany,
after which they land at the
New York City Department
of Youth and Community Development,
which is tasked
with distributing these funds
through Neighborhood Advisory
Boards across Neighborhood
Development Areas —
areas specifically designated
as in-need — across the five
boroughs.
Neighborhood Advisory
Boards, which are composed
of seven- to 12-member voluntary
teams, are responsible
for helping to identify the
needs of their local communities
and selecting the community
based organizations that
will receive funding for their
respective projects.
Those projects, which run
over the course of one to three
years, focus on addressing issues
such as adult literacy, fatherhood
services, housing,
immigration services, and senior
programing.
These community-based
organizations are on the
ground serving our most vulnerable,
including youth, seniors,
and our neighbors living
with disabilities. They
depend on this critical federal
funding to do their day-today
work. We cannot afford
to have Community Services
Block Grants funding left discarded
on the table. That’s
why our Neighborhood Advisory
Boards must survive for
the next generation.
The boards making these
financial allocations will only
be able operate if they have the
requisite participation from
local residents. Quorum is
needed, specifically seven out
of 12 members, to get anything
approved. Unfortunately,
many boards do not even have
enough members to reach quorum,
and with the low level
of public awareness of these
boards, we are at risk of losing
a lifeline of support for so
many community needs.
Neighborhood Advisory
Boards are one of the most impactful
ways to get involved at
the local level, providing residents
of low-income communities
with an opportunity to
assist in identifying priorities
for funding in areas that have
historically been socioeconomically
disadvantaged.
We have the power to make
a difference in our communities
through these boards, especially
as it is so easy to join.
To be a part of a Neighborhood
Advisory Board, members
should be full-time residents
of the Neighborhood Development
Areas they represent,
have lived in the neighborhood
for a minimum of six
months, be at least 16-yearsold,
and have no formal associations
with any organization
that receives Department
of Youth and Community Development
funding under the
Community Services Block
Grants program. Just as participatory
budgeting has
revolutionized the way New
Yorkers have a say in the way
taxpayer dollars are spent
locally, Neighborhood Advisory
Boards empower communities
to make direct decisions
on which organizations
receive funding from a pot of
$6 million across the five boroughs.
Neighborhood Advisory
Boards provide the vital resources
that cash-strapped
community-based organizations
depend on to uplift
neighborhoods in need, from
ensuring young people get a
good education, to addressing
quality-of-life concerns.
I ask my fellow Brooklynites
to step up and be those
eyes and ears on our Neighborhood
Advisory Boards. My
administration can provide
more information to those who
want to learn more, and we are
here to help anyone interested
in this under-appreciated way
to make lasting change in our
borough.
OP-ED
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