Astoria Federal Savings Donates Up To $50,000 For Haiti Disaster Relief and Launches Matching Gift Campaign
January 15 2010 - 1:39PM
PR Newswire (US)
LAKE SUCCESS, N.Y., Jan. 15 /PRNewswire-FirstCall/ -- Astoria
Federal Savings announced today that it will make a corporate
donation to the American Red Cross to support earthquake relief
efforts in Haiti. The announcement was marked by a $25,000 initial
contribution to the relief organization which will increase to as
much as $50,000 as Astoria Federal matches donations made by the
general public at any of its branches throughout Brooklyn, Queens,
Nassau, Suffolk and Westchester through February. In addition,
Astoria Federal will also match two-for-one every dollar donated by
its 1,600 employees to the American Red Cross, or to International
Medical Corps or Americares, for gifts of up to $5,000. "Our
thoughts are with all those affected by this terrible tragedy,"
said Astoria Federal Chairman and Chief Executive Officer George L.
Engelke, Jr. "Together, with our customers and employees, we can
support the much-needed relief effort." To donate to the American
Red Cross, please stop by any one of Astoria Federal's neighborhood
branches throughout Brooklyn, Queens, Nassau, Suffolk and
Westchester, or visit http://www.redcross.org/. Checks made payable
to American Red Cross/Haitian Relief are preferred, however cash
will also be accepted. Humanitarian organizations such as the
American Red Cross have begun sending money, supplies and staff to
Haiti to support relief efforts. According to news reports, the
recent earthquake caused catastrophic damage and loss of life. As
many as three million people may have been affected by the quake,
which collapsed government buildings and caused major damage to
hospitals in the area. Humanitarian organizations are mobilizing
their efforts to provide rescue services and medical care in a
massive international effort. Astoria Financial Corporation
(NYSE:AF), with assets of $20.7 billion, is the holding company for
Astoria Federal Savings and Loan Association. Established in 1888,
Astoria Federal, with deposits in New York totaling $13.2 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 85 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 sixteen states, primarily along the East Coast, and the
District of Columbia, and through correspondent relationships
covering seventeen states and the District of Columbia. DATASOURCE:
Astoria Financial Corporation CONTACT: Wendy O'Neill,
+1-516-327-7863, Web Site: http://www.astoriafederal.com/
Copyright
Astoria (NYSE:AF)
Historical Stock Chart
From May 2024 to Jun 2024
Astoria (NYSE:AF)
Historical Stock Chart
From Jun 2023 to Jun 2024