LAKE SUCCESS, N.Y., Oct. 25 /PRNewswire-FirstCall/ -- Astoria Federal
Savings Chairman, President and CEO George L. Engelke, Jr., today announced
the thrift has been awarded the 2005 Inaugural America's Community Bankers
Community Bank Award.
Astoria Federal is one of six award winners selected by ACB's Marketing
and Public Relations Committee from a field of more than 30 nominations. The
community bank was honored for its Education First financial literacy program
and other initiatives that teach area students money management principles.
ACB Chairman F. Weller Meyer said, "ACB created the Community Bank Awards
to honor those institutions that have taken an innovative, creative and
effective approach to making a difference in their communities. ACB members
have distinguished themselves for their longstanding commitment of giving back
to their communities. These awards honor the bank and entire bank team, rather
than an individual, for the collective positive impact they have had on the
community," said Meyer, who is also president and CEO, Acacia Federal Savings
Bank, Falls Church, Va.
The award, which was accepted by Astoria Federal Senior Vice President of
Marketing Brian Edwards on behalf of all 2,100 "Team Astoria" members, was
presented during ACB's Annual Convention in Florida last week.
About Astoria Federal Savings
Astoria Federal Savings and Loan Association is the wholly-owned
subsidiary of Astoria Financial Corporation (NYSE: AF). With assets of $22.6
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 $12.8 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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http://www.astoriafederal.com
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CONTACT:
Dianne Baumert-Moyik, Senior Manager Public
Relations, Office: +1-516-327-7863 or Cell: +1-516-903-1107
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