In-Branch Celebration Events April 23-29, 2007; Essay Contest April 23-May
12, 2007
LAKE SUCCESS, N.Y., April 18 /PRNewswire/ -- April is Financial
Literacy Month and in recognition, Astoria Federal Savings is launching an
essay contest for children ages 5-12 asking them to answer the question:
"Are you a spender or a saver and why?" This is Astoria Federal's second
annual essay contest, which is part of their fun and educational Teach
Children to Save Celebration for the community from April 23-28, 2007 in
every neighborhood branch during normal branch hours. Astoria Federal's
Boro Park and Midwood branches will hold their Celebration April 23-29,
during normal branch hours.
During the Celebration, children and teens visiting any Astoria Federal
branch can open a free Student Savers account and Astoria Federal will
provide an opening deposit of $5.00. There will also be raffles, bank tours
and fun giveaways.
Beginning April 23, children throughout Brooklyn, Queens, Nassau,
Suffolk and Westchester can visit any Astoria Federal branch to pick up an
official entry form and enter the 250-word essay contest. The official
essay contest form is also available online at http://www.astoriafederal.com. All
official essay submissions should be hand delivered to any Astoria Federal
branch no later than May 12.
In June, a local branch essay contest winner will be selected from each
branch, and those winners will go on to compete for the Grand Prize, as
well as 1st and 2nd Prizes in the following age groups: 5-7, 8-10, 11-12.
The Grand Prize winner will receive a new personal computer, while 1st
Prize winners will receive $500 Series EE U.S. Savings Bonds, and 2nd Prize
winners will receive $250 Series EE U.S. Savings Bonds. Every child
selected as a local winner from their community will receive a Teach
Children to Save Celebration Award Certificate, an Education First medal
and have their photo taken for community recognition.
Astoria Federal's Senior Vice President and Director of Marketing Brian
Edwards stated, "Giving children a head start on their financial future is
an important part of their education and we really enjoy helping children
learn about the value of saving in a fun and educational way. Through our
Bank-at-School and Student Savers programs, we have reached thousands of
children who are learning the important habits of saving. We're excited
about our second annual essay contest, which really gets kids thinking
about their finances at a young age. Last year we had an overwhelming
response and hope to receive the same kind of thoughtful and creative
essays this year."
The Teach Children to Save Celebration and Essay Contest is part of
Astoria Federal's Education First initiative, which was created to inspire
lifelong learning in the communities they serve. Other Education First
initiatives include Kids Tools for School, to help children be prepared on
the first day of school by providing them with new school supplies, and The
First Home Club(TM) to promote homeownership. For additional information
about Astoria Federal's Education First initiative, Teach Children to Save
Celebration and Essay Contest, or Bank-at-School program, please call
1-800-ASTORIA or visit http://www.astoriafederal.com.
Astoria Financial Corporation, the holding company for Astoria Federal
Savings and Loan Association, with assets of $21.6 billion is the sixth
largest thrift institution in the United States. Established in 1888,
Astoria Federal is the largest thrift depository headquartered in New York
with deposits of $13.2 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 enhanced
website, http://www.astoriafederal.com. Astoria Federal 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 38 individual states. Astoria Federal originates mortgage
loans through its banking offices and loan production offices in New York,
an extensive broker network covering twenty-six states, primarily the East
Coast, and the District of Columbia, and through correspondent
relationships covering forty-three states and the District of Columbia.
SOURCE Astoria Federal Savings
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Related links:
http://www.astoriafederal.com
http://www.prnewswire.com/comp/104529.html /
CONTACT:
Tara Rogers, AVP-Sr. Manager of Public
Relations, +1-516-327-7863, trogers@astoriafederal.com
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