Suvarna Garge (Editor)

Astoria Bank

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Type
  
Public

Founded
  
1888 (1888)

Number of employees
  
1,565

Industry
  
Financial services

Key people
  
Monte N. Redman (CEO)


Traded as
  
NYSE: AFS&P 600 Component

Area served
  
New York metropolitan area

Headquarters
  
Lake Success, New York, United States

Stock price
  
AF (NYSE) US$ 18.61 -0.07 (-0.35%)27 Feb, 3:31 PM GMT-5 - Disclaimer

CEO
  
Monte N. Redman (1 Jul 2011–)

Subsidiaries
  
Astoria Federal Mortgage Corp, Fidata Service Corp

Welcome to astoria bank


Astoria Bank (formerly Astoria Federal Savings & Loan Association) is a bank based in Long Island City, New York. Astoria Financial Corporation is the holding company formed in 1993 to facilitate the conversion of Astoria Federal Savings and Loan Association from a mutual form of ownership to stock ownership. Astoria Financial Corporation, with assets of $16.5 billion, is the holding company for Astoria Federal Savings and Loan Association. Established in 1888, Astoria Federal, with deposits in New York totaling $10.4 billion, is the largest thrift depository in New York.

Contents

Chronology

  • 1888: Bank originally chartered by New York State as the Central Permanent Building and Loan Association is established.
  • 1936: Name is changed to Astoria Savings & Loan Association.
  • 1937: The bank receives federal charter and becomes Astoria Federal Savings & Loan Association.
  • 1989: George L. Engelke, Jr., is named president and CEO.
  • 1993: Astoria Financial Corporation is created to convert bank from mutual ownership to stock ownership.
  • 1995: Fidelity New York Savings Bank is acquired.
  • 1997: Greater New York Savings Bank is acquired.
  • 1998: Long Island Savings Bank is acquired.

    • References

    Astoria Bank Wikipedia
    (Text) CC BY-SA


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