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July 04, 2015 5:55 AM ET

Thrifts and Mortgage Finance

Company Overview of Astoria Bank

Company Overview

Astoria Bank offers personal and commercial banking services. The company also provides mortgage loans, multi-family mortgage loans, commercial real estate loans, and mortgage-backed securities. In addition, it invests in construction loans, consumer, and other loans. The company was founded in 1888 and is based in Mineola, New York. Astoria Bank operates as a subsidiary of Astoria Financial Corporation.

37-16 30th Avenue

6th Floor

Long Island City, NY 11103

United States

Founded in 1888

Phone:

516-535-8505

Fax:

516-719-3800

Key Executives for Astoria Bank

Chief Executive Officer, President, Director, Chief Executive Officer of Astoria Financial Corporation, President of Astoria Financial Corporation and Director of Astoria Financial Corporation
Age: 64
Chief Financial Officer, Senior Executive Vice President and Treasurer
Age: 52
Vice Chairman, Chief Operating Officer, Senior Executive Vice President, Vice Chairman of Astoria Financial Corporation, Chief Operating Officer of Astoria Financial Corporation and Senior Executive Vice President of Astoria Financial Corporation
Age: 68
Chief Accounting Officer, Senior Vice President, Chief Accounting Officer of Astoria Financial Corporation and Senior Vice President of Astoria Financial Corporation
Chief Information Officer and Executive Vice President
Age: 56
Compensation as of Fiscal Year 2015.

Astoria Bank Key Developments

Astoria Financial Corporation and Astoria Bank Announce the Resignation of Jane D. Carlin as a Director

On February 10, 2015, Jane D. Carlin notified the boards of directors of Astoria Financial Corporation and its wholly-owned subsidiary, Astoria Bank, of her resignation as a director of both the company and the Bank, effective immediately.

Astoria Bank Opens Full Service Branch in Melville, N.Y. at 532 Broadhollow Road; Appoints Craig Levy to Manage Branch in Melville, N.Y

Astoria Bank announced that it has opened a full service branch in Melville, N.Y. at 532 Broadhollow Road, on the heavily trafficked Route 110 commercial corridor. The new branch is part of banks ongoing expansion efforts to better serve the banking needs of its business customers in prime commercial locations. The branch is managed by Craig Levy, who joins the bank with more than 20 years of banking experience. He brings with him local market knowledge, having been on the Melville banking scene since 2008. In addition to possessing management experience, Levy currently serves on the Melville Chamber of Commerce Board of Directors and the Applied Economics Advisory Committee of Farmingdale State College. Levy will be working closely with the Long Island Business Banking Group managed by William Ayers, senior vice president and director of relationship management.

Astoria Bank Plans to Open a Branch in Melville, NY on December 1, 2014

Astoria Bank announced plans to open a branch in Melville, NY, as part of its ongoing expansion efforts. The branch, which is scheduled to open on December 1, 2014, will be located at 532 Broadhollow Road, located on the Route 110 corridor, one quarter mile south of the Long Island Expressway. The new branch will be managed by Craig Levy, who has joined Astoria Bank with more than 20 years of banking experience and valuable local market knowledge, having been on the Melville banking scene since 2008. Further branch expansion is planned in prime commercial locations within its market in 2015 and 2016 to support the bank's growth strategy.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 21, 2014
Astoria Bank, Certain Non-Performing Residential Mortgage Loans
 

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