Astoria Financial Corp.

Public Company, Headquarters Location
1 Astoria Federal Plz., Lake Success, NY 11042-1076, United States
(800)278-6742, (516)327-3000, (516)327-7461 fax, http://www.asfc.com

Primary SIC: Savings Institutions Federal Chartered, Primary NAICS: Savings Institutions
Description: Astoria Financial Corporation is a Delaware corporation organized in 1993 as the unitary savings and loan association holding company of Astoria Federal Savings and Loan Association and its consolidated subsidiaries, or Astoria Federal. Headquartered in Lake Success, N.Y., the company's principal business is the operation of its wholly-owned subsidiary, Astoria Federal. Astoria Federal's primary business is attracting retail deposits from the general public and investing those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings, primarily in one-to-four family mortgage loans, multi-family mortgage loans, commercial real estate loans and mortgage-backed securities. To a lesser degree, Astoria Federal also invests in construction loans and consumer and other loans, U.S. government, government agency and government-sponsored enterprise, securities and other investments permitted by federal banking laws and regulations. Astoria Financial Corporation has two other subsidiaries: AF Insurance Agency, Inc. and Astoria Capital Trust I. AF Insurance Agency is a licensed life insurance agency and property and casualty insurance broker. Through contractual agreements with various third-party marketing organizations, AF Insurance Agency makes insurance products available primarily to the customers of Astoria Federal. Astoria Capital Trust I was formed in 1999 for the purpose of issuing securities. More

Finance: Bank holding company for federally chartered savings and loan.