Grand Reopening Celebration November 5, 2005, from 9 a.m. to 3 p.m.
LAKE SUCCESS, N.Y., Oct. 14 /PRNewswire/ -- Astoria Federal Savings
Chairman, President and CEO George L. Engelke, Jr., today announced that
Astoria Federal's Oakdale branch located at 1336 Montauk Highway will
officially reopen for business at 8:30 a.m. on Monday, October 31, 2005. The
branch had been closed for a major renovation following a structural fire that
heavily damaged the branch on December 23, 2004.
"Our branch has been a vital part of the Oakdale community for nearly 30
years and it feels good to be back in the neighborhood where we can continue
our commitment of "Putting people first." All of us at Astoria Federal very
much appreciate all of the support we have received from the community during
the entire rebuilding process," Mr. Engelke said.
While branch operations fully resume October 31, 2005, Mr. Engelke, Branch
Manager Suzanne Gillan, her staff and others will celebrate the branch's
return to the community by hosting a special Grand Reopening Celebration from
9 a.m. to 3 p.m. on November 5, 2005.
At 11 a.m., they will cut a ribbon marking the grand reopening and plan to
be joined by the four Astoria Federal customers (who were honored this past
February with Astoria Federal's first ever "Putting people first" Awards for
helping branch employees quickly and safely evacuate the building before the
local volunteer fire departments arrived at the branch), as well as members of
the West Sayville, Sayville, East Islip and Bohemia Volunteer Fire Departments
and the Sayville Community Ambulance Corps., and Suffolk County Police
Department, all who responded to the incident.
The entire Oakdale community including Astoria Federal's customers,
members of the Chamber of Commerce, locally elected officials and the general
public are invited to join in the celebration.
"The grand reopening celebration will be followed by a week of prizes,
giveaways, refreshments and special offers for returning Oakdale customers and
any member of the public wishing to open a new checking account or Certificate
of Deposit," Mr. Engelke said. "It's just great to be back in the
neighborhood."
For additional information about the event, please call Astoria Federal
Senior Manager of Public Relations Dianne Baumert-Moyik at (516) 327-7863.
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 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 $12.6 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, 83 on Long Island and three in
Westchester County 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 23 states,
primarily the East Coast and in the District of Columbia, and through
correspondent relationships in 44 states and in the District of Columbia.
SOURCE Astoria Federal Savings
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Related links: http://ir.astoriafederal.com http://www.astoriafederal.com
Company News On-Call: http://www.prnewswire.com/comp/104529.html
CONTACT: Dianne Baumert-Moyik of Astoria Federal Savings, +1-516-327-7863, or cell, +1-516-903-1107, or dbaumert-moyik@astoriafederal.com
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