LAKE SUCCESS, N.Y., Nov. 28 /PRNewswire-FirstCall/ -- Astoria Financial
Corporation (NYSE: AF), announced that it will participate in the 2006
Financial Institutions Investor Conference sponsored by Ryan, Beck & Co. in
New York City, New York, on Thursday, December 7, 2006. George L. Engelke,
Jr., Astoria's Chairman, President and CEO will be presenting at the
conference at 1:30 p.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 and archived on the Company's website, http://www.astoriafederal.com
through Friday, December 15, 2006.
Astoria Financial Corporation, the holding company for Astoria Federal
Savings and Loan Association, with assets of $21.6 billion 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 $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-four states, primarily the East
Coast, and the District of Columbia, and through correspondent
relationships covering forty- four 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 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;
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 securities
markets or the banking industry may be less favorable than we currently
anticipate; legislation 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 delay the 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://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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