This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Astoria Federal Savings Donates $100,000 To American Red Cross To Support Hurricane Sandy Relief Efforts, Matches Customer And Employee Donations

LAKE SUCCESS, N.Y., Nov. 2, 2012 /PRNewswire/ -- Astoria Federal Savings today announced that it will donate $100,000 to the American Red Cross in support of relief efforts for the areas affected by the devastation from Hurricane Sandy. In addition to the initial donation, the 85-branch bank headquartered in Lake Success, New York, will match two-for-one of every dollar donated by its 1,500+ employees, officers and directors and will match up to $25,000 in donations made by the general public at any of its branches throughout Brooklyn, Queens, Nassau, Suffolk and Westchester.

"The most important thing at a time like this is helping the members of our communities and their families, many of whom are part of the Astoria Federal family, to recover from the incredible damage resulting from Hurricane Sandy," said Monte Redman, CEO of Astoria Federal Savings. "As New Yorkers struggle to get back on their feet and with so many without shelter, electricity or a means of connecting with family members, Astoria Federal Savings is committed to doing everything possible to assist with the recovery efforts."

In addition, Astoria Federal Savings is offering its local branches in Brooklyn, Queens, Nassau, Suffolk, and Westchester that have power and have not been damaged to serve as public charging stations to assist those in the region who are without power.  Bank branches are currently providing the public with a safe and dry location to charge cell phones, laptops and other devices in order to remain connected with family and loved ones during this difficult time.

The vast majority of Astoria Federal's branches have re-opened and are fully operational thanks to an overall, extraordinary employee commitment. "Our employees demonstrated tremendous loyalty to supporting our customers' financial needs despite their many personal challenges. It continues to be a shining example of putting our customers first," added Redman. The bank has deployed extra staff to ensure that open branches are able to provide full service to customers throughout their recovery. As conditions improve, the bank is reopening the remaining branches in the community daily, devoting all resources available to assisting in the regions recovery.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs