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Company Profile
- Astoria Financial Corporation
- Country : United States
- City: Lake Success
- State: New York - NY
- Address: 1 Astoria Federal Plaza
- Zipcode: 11042
- Category: Fortune 1000 Companies
- Description: Astoria Financial is the holding company for Astoria Federal Savings and Loan, one of the largest thrifts in the US. The savings and loan has almost 90 branches in and around New York City, but originates mortgages in about 15 eastern states. It attracts deposits from individuals and regional businesses by offering CDs and checking, savings, money market, and NOW accounts. With these funds, it primarily invests in mortgage-backed securities and writes loans. One- to four-family residential mortgages make up nearly 90% of the company's loan portfolio and account for approximately half of its revenue. Subsidiary A.F. Insurance Agency sells annuities and life and property/casualty coverage.
- Products: Savings Institutions