LAKE SUCCESS, N.Y., March 30, 2016 /PRNewswire/ -- Astoria Bank, the second largest community bank headquartered in New York, was recently named the top Long Island corporate fundraiser for the American Heart Association/American Stroke Association's Go Red for Women campaign, which raises funds and awareness for the research and prevention of heart disease in women. Astoria Bank's drive was supported by bank customers, the community and its employees and generated more than $20,000 this year.
On February 5, in honor of National Wear Red Day, Astoria Bank joined in the fight against heart disease – the leading cause of death in women. Corporate office employees and staff in all of Astoria Bank's 88 neighborhood branches throughout the greater New York metropolitan area contributed generously, with Astoria matching their donations of $25 or more to increase the impact. Many members of the staff also wore red to commemorate the day.
Leading Astoria Bank's local branches in fundraising were the number-one Shirley Branch, followed by Oakdale and Syosset ‒ all on Long Island ‒ which each collected more than $1,000 during the month of February.
"Each year, it's overwhelming to see our staff and community come together to show their support for the Go Red for Women campaign," said Monte N. Redman, President and Chief Executive Officer, Astoria Bank. "This is one of the most meaningful programs we support and by participating, we feel we can truly make a difference in the lives of our neighbors and communities. Together with all of the generous individuals, businesses and local community groups who contributed, we are leading the fight against the number-one cause of death in women, cardiovascular diseases."
"I especially want to congratulate all of our top fundraising branches who did a fantastic job, and everyone who donated to our Go Red campaign," Redman added.
About Astoria Financial Corporation
Astoria Financial Corporation, with assets of $15.1 billion, is the holding company for Astoria Bank. Established in 1888, Astoria Bank, with deposits in New York totaling $9.1 billion, is the second largest thrift depository in New York and provides its retail and business customers and local communities it serves with quality financial products and services through 88 convenient banking branch locations, a business banking office in Manhattan, and multiple delivery channels, including its flexible mobile banking app. Astoria Bank commands a significant deposit market share in the attractive Long Island market, which includes Brooklyn, Queens, Nassau, and Suffolk counties with a population exceeding that of 38 individual states. Astoria Bank originates multi-family and commercial real estate loans, primarily on rent controlled and rent stabilized apartment buildings, located in New York City and the surrounding metropolitan area and originates residential mortgage loans through its banking and loan production offices in New York, a broker network in four states, primarily along the East Coast, and correspondent relationships covering 13 states and the District of Columbia.
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SOURCE Astoria Bank