Lake Success, New York, United States.www.astoriafederal.com
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Astoria Federal Savings Exploration
Astoria Federal Savings and Loan association has changed to Astoria
Bank. It is a financial institute, operates in New York State of USA. The bank is best known for its loan solutions. Astoria Bank
offers wide range of banking and saving solutions to the customer such as personal banking, business banking, personal loans, auto loans, home mortgage, etc. Along with these services, it also offers online banking, Credit Card
and debit card facilities to the customers.
Earlier Days of Astoria Bank
Astoria Bank was established in 1888. It had come into existence after the conversion of a mutual company to a Federal Saving and Loan Support. Initially, it was known as the Central Permanent Building and Loan Association and was renamed to Astoria Savings & Loan Association in 1936. The Bank is owned by Astoria Financial Corporation.
Astoria Bank Operations
Astoria Federal Savings and Loan association is counted among the major thrift depositories in the New York state. The Bank has approximately $10.4 billion deposits. Astoria Bank manages statewide operations through its headquarters, located in Lake Success, New York. The Bank has more than 1,500 employees. Till the end of financial year 2013-14, Astoria Bank had total assets of $16.5 billion.
Astoria Bank had got federal Charter
in 1937. Since its inception, the bank has acquired many small banks including Fidelity
New York Savings, Greater New York Savings and Long Island Savings Bank. It is a public bank, traded on The New York Stock Exchange under the AF symbol.