Company to Match 2-for-1 Donations Made by 2,100 Employees or Directors to
UNICEF, C.A.R.E., or the American Red Cross
LAKE SUCCESS, N.Y., Jan. 11 /PRNewswire/ -- Astoria Federal Savings today
announced it will make a $100,000 corporate donation to UNICEF to support
disaster relief efforts in South Asia. The company will also match two-for-one
every dollar donated by any of its 2,100 employees or directors to UNICEF,
C.A.R.E., or the American Red Cross.
"This support is needed to help purchase and deliver lifesaving supplies
to those deeply impacted by this unprecedented disaster," said Astoria Federal
Chairman, President and CEO George L. Engelke, Jr. "It is important that we
all do what we can to make a difference in the lives of people who desperately
need our help."
According to UNICEF, $5 can provide an emergency health kit for one person
for three months, with medical supplies and drugs to cover basic health needs,
$87 can provide a basic family water kit for ten households, with detergent,
soap, wash basin, towels, bucket and water purification tablets and, $188 can
provide one "School-in-a-Box" kit containing basic education supplies for 80
children during times of crisis.
UNICEF, which spends .94 cents of every donated dollar directly on program
costs to help the world's children and families, is also focusing on
addressing the longer-term needs for education, psychological support, and
replacing lost livelihoods of entire communities.
For information about how to donate to UNICEF, C.A.R.E. and the American
Red Cross, please stop by any one of Astoria Federal's neighborhood branches,
call 1-800-ASTORIA, visit http://www.astoriafederal.com or visit
http://www.redcross.org, http://www.unicef.org or http://www.careusa.org.
About Astoria Federal Savings
Astoria Federal Savings and Loan Association is the wholly-owned
subsidiary of Astoria Financial Corporation (NYSE: AF). With assets of $22.8
billion, Astoria Financial Corp. is the fifth largest thrift institution in
the United States. Established in 1888, Astoria Federal is the largest thrift
depository headquartered in New York with deposits of $12.2 billion and
embraces its philosophy of Putting people first by providing the customers and
local communities it serves with quality financial products and services
through 86 convenient banking office locations and multiple delivery channels,
including its website, http://www.astoriafederal.com. Astoria commands the
fourth largest deposit market share in the attractive Long Island market,
which includes Brooklyn, Queens, Nassau and Suffolk counties with a population
exceeding that of 39 individual states. Astoria originates mortgage loans
through its banking offices and loan production offices in New York, an
extensive broker network in 24 states, primarily the East Coast, and through
correspondent relationships in 44 states.
SOURCE Astoria Federal Savings
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Related links: http://www.astoriafederal.com http://www.redcross.org http://www.unicef.org http://www.careusa.org
Company News On-Call: http://www.prnewswire.com/comp/683204.html
CONTACT: Dianne Baumert-Moyik of Astoria Federal Savings, +1-516-327-7863, cell, +1-516-903-1107, dbaumert-moyik@astoriafederal.com
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