LAKE SUCCESS, N.Y.,
March 24, 2011 /PRNewswire/ --
Astoria Federal Savings today announced that it will match up to
$25,000 in community donations to the
American Red Cross to aid relief efforts for the recent
Japan earthquake and tsunami.
Donations made by customers and the community at any Astoria
Federal branch through April will be matched dollar-for-dollar by
the bank. In addition, donations made by any of Astoria Federal's
1,700 employees will be matched on a two-for-one basis, for gifts
of up to $5,000.
"We are committed to helping the people of Japan during this enormous tragedy," said
Astoria Federal Chairman and Chief Executive Officer George L. Engelke, Jr. Last year, when disaster
struck in Haiti, Astoria Federal
led the effort to raise tens of thousands of dollars in
humanitarian aid through a matching gift campaign. "We invite our
customers and neighbors to join us again, as we match their
generous gifts dollar for dollar, all in the spirit of helping the
Japanese people recover from this devastating disaster," he
added.
The American Red Cross channels much-needed aid to the Japanese
Red Cross which is providing medical assistance, blankets, and
other humanitarian care to those affected by the earthquake and
tsunami, including those who have been evacuated as a result of the
nuclear power crises.
To participate in this matching gift program, please stop by any
one of Astoria Federal's neighborhood branches throughout
Brooklyn, Queens, Nassau, Suffolk and Westchester. Checks made payable to American
Red Cross are preferred, however cash will also be accepted.
For information on the American Red Cross and its Japan relief effort, visit
http://www.redcross.org.
Astoria Financial Corporation (NYSE: AF), with assets of
$18.1 billion, is the holding company
for Astoria Federal Savings and Loan Association. Established
in 1888, Astoria Federal, with deposits in New York totaling $11.6
billion, is the largest thrift depository in New York. Astoria Federal 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, 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 fourteen states, primarily along the East Coast,
and the District of Columbia, and
through correspondent relationships covering fifteen states and the
District of Columbia.
SOURCE Astoria Federal Savings