LAKE SUCCESS, N.Y., June 4 /PRNewswire-FirstCall/ -- Astoria Financial
Corporation (NYSE: AF), announced that it will participate in the Small &
Mid-Cap Bank and Insurance Conference sponsored by Fox-Pitt Kelton Cochran
Caronia Waller in New York City on Tuesday, June 17, 2008. George L.
Engelke, Jr., Astoria's Chairman & Chief Executive Officer, will be
presenting at the conference at 10:25 a.m. Eastern Time.
A simultaneous webcast of Mr. Engelke's presentation, including the
slide presentation and any follow-up questions and answers, will be
available on the Company's website, http://www.astoriafederal.com. The
presentation webcast will be archived on the Company's website and will be
available through Friday, June 27, 2008.
Astoria Financial Corporation, with assets of $21.5 billion, is the
holding company for Astoria Federal Savings and Loan Association.
Established in 1888, Astoria Federal, with deposits in New York totaling
$13.0 billion, is the largest thrift depository headquartered in New York
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 and loan
production offices in New York, an extensive broker network covering
twenty-two states, primarily the East Coast, and the District of Columbia,
and through correspondent relationships covering twenty-nine states and the
District of Columbia.
The webcast and slide presentation referenced in this news release may
contain a number of forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. These statements may be
identified by the use of such words as "anticipate," "believe," "could,"
"estimate," "expect," "intend," "outlook," "plan," "potential," "predict,"
"project," "should," "will," "would" and similar terms and phrases,
including references to assumptions.
Forward-looking statements are based on various assumptions and
analyses made by us in light of our management's experience and its
perception of historical trends, current conditions and expected future
developments, as well as other factors we believe are appropriate under the
circumstances. These statements are not guarantees of future performance
and are subject to risks, uncertainties and other factors (many of which
are beyond our control) that could cause actual results to differ
materially from future results expressed or implied by such forward-looking
statements. These factors include, without limitation, the following: the
timing and occurrence or non-occurrence of events may be subject to
circumstances beyond our control; there may be increases in competitive
pressure among financial institutions or from non-financial institutions;
changes in the interest rate environment may reduce interest margins or
affect the value of our investments; changes in deposit flows, loan demand
or real estate values may adversely affect our business; changes in
accounting principles, policies or guidelines may cause our financial
condition to be perceived differently; general economic conditions, either
nationally or locally in some or all other areas in which we do business,
or conditions in the real estate or securities markets or the banking
industry may be less favorable than we currently anticipate; legislative or
regulatory changes may adversely affect our business; applicable
technological changes may be more difficult or expensive than we
anticipate; success or consummation of new business initiatives may be more
difficult or expensive than we anticipate; or litigation or matters before
regulatory agencies, whether currently existing or commencing in the
future, may be determined adverse to us or may delay occurrence or
non-occurrence of events longer than we anticipate. We assume no obligation
to update any forward-looking statements to reflect events or circumstances
after the date of this document.
SOURCE Astoria Financial Corporation
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Related links:
http://www.astoriafederal.com
http://ir.astoriafederal.com
http://www.prnewswire.com/comp/104529.html /
CONTACT:
Peter J. Cunningham, First Vice President,
Investor Relations, +1-516-327-7877, ir@astoriafederal.com
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