Astoria Financial Corporation to Present at KBW Regional Bank Conference
February 06 2007 - 10:09AM
PR Newswire (US)
LAKE SUCCESS, N.Y., Feb. 6 /PRNewswire-FirstCall/ -- Astoria
Financial Corporation (NYSE:AF), announced that it will participate
in the 2007 Regional Bank Conference sponsored by Keefe Bruyette
& Woods ("KBW") in Boston, Massachusetts on Wednesday, February
28, 2007. Monte N. Redman, Astoria's Executive Vice President and
Chief Financial Officer, will be presenting at the conference at
8:00 a.m. Eastern Time. A simultaneous webcast of Mr. Redman'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, March 16, 2007. 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-six states,
primarily the East Coast, and the District of Columbia, and through
correspondent relationships covering forty-three 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 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
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. DATASOURCE: Astoria Financial
Corporation CONTACT: Peter J. Cunningham, First Vice President,
Investor Relations, +1-516-327-7877, Web site:
http://www.astoriafederal.com/ Company News On-Call:
http://www.prnewswire.com/comp/104529.html
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