LAKE SUCCESS, N.Y.,
Sept. 1, 2017 /PRNewswire/ --
Astoria Bank today announced that it
will donate $25,000 to the American
Red Cross to support relief efforts in flooded areas devastated by
Hurricane Harvey. In addition to the initial donation, the
88-branch bank headquartered in Lake
Success, NY, will match on a two-for-one basis every dollar
donated by its employees, officers and directors, for gifts of up
to $5,000, through Sept. 30, 2017.
For decades, Astoria Bank has
supported relief efforts following natural disasters both here and
abroad, including Hurricanes Katrina and Sandy, earthquakes in
Japan and Haiti, and Typhoon Haiyan in the Philippines. According to Monte Redman, President and CEO of Astoria Bank, "For many of us here in the
New York metropolitan area, this
brings back memories of the devastation of Hurricane Sandy, so we
naturally want to lend a hand to help the many people of
Texas who are displaced and in
need."
About Astoria Financial Corporation
Astoria Financial
Corporation (NYSE: AF), with assets of $14.1
billion, is the holding company for Astoria Bank. Established in 1888,
Astoria Bank, with deposits in
New York totaling $8.9 billion, is the second largest thrift
depository in New York and
provides its retail and business customers and local communities it
serves with quality financial products and services through 88
convenient banking branch locations, a business banking office in
Manhattan, and multiple delivery
channels, including its flexible mobile banking app. Astoria Bank commands a significant deposit
market share in the attractive Long
Island market, which includes Brooklyn, Queens, Nassau, and Suffolk counties with a population exceeding
that of 38 individual states. Astoria
Bank originates multi-family and commercial real estate
loans, primarily on rent controlled and rent stabilized apartment
buildings, located in New York
City and the surrounding metropolitan area and originates
residential mortgage loans in New York
State, the District of
Columbia and eight other states through its banking and loan
production offices in New
York.
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SOURCE Astoria Bank
