LAKE SUCCESS, N.Y.,
Nov. 3, 2011 /PRNewswire/
-- Astoria Financial Corporation (NYSE: AF), announced that it
will participate in the 2011 East Coast Financial Services
Conference sponsored by Sandler O'Neill & Partners, L.P. on
Thursday, November 10, 2011.
Astoria's Executive Vice
President, Treasurer and Chief Financial Officer, Frank E. Fusco, will be presenting at the
conference, Session 2, at 8:55 a.m. Eastern
Time.
A simultaneous webcast of Mr. Fusco's presentation, including
any follow-up questions and answers, will be available and archived
on the Company's website, www.astoriafederal.com through
Friday, November 18, 2011. Live
audio access to Astoria's
presentation will also be available through a direct dial in
to (877) 253-8059, Passcode: 1079263715 #.
Astoria Financial Corporation, with assets of $17.0 billion, is the holding company for Astoria
Federal Savings and Loan Association. Established in 1888,
Astoria Federal, with deposits in New
York totaling $11.3 billion,
is the largest thrift depository 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, 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.
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," "may," "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 our management's experience and
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 areas in which we do
business, or conditions in the real estate or securities markets or
the banking industry may be less favorable than we currently
anticipate; legislative or regulatory changes, including the
implementation of the Dodd-Frank Wall Street Reform and Consumer
Protection Act of 2010, or the Reform Act, and any actions
regarding foreclosures, may adversely affect our business;
transition of our regulatory supervisor from the Office of Thrift
Supervision, or OTS, to the OCC; effects of changes in existing
U.S. government or government-sponsored mortgage programs;
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
other matters before regulatory agencies, whether currently
existing or commencing in the future, may be determined adverse to
us or may delay the occurrence or non-occurrence of events longer
than we anticipate. We have no obligation to update any
forward-looking statements to reflect events or circumstances after
the date of this document.
SOURCE Astoria Financial Corporation