Attached files
| file | filename |
|---|---|
| 8-K - ASTORIA FINANCIAL CORP | v167013_8k.htm |
 |
 |
| Contact: |
Peter
J. Cunningham
First
Vice President, Investor Relations
516-327-7877
ir@astoriafederal.com
|
FOR IMMEDIATE
RELEASE
ASTORIA
FINANCIAL CORPORATION NAMES
JOHN
R. CHRIN TO BOARD OF DIRECTORS
Lake Success, New York, November 18,
2009 -- Astoria Financial Corporation (NYSE: AF) (the “Company”), the
holding company for Astoria Federal Savings and Loan Association (“Astoria
Federal”), announced today that their Boards of Directors appointed John R.
Chrin to serve as a director of both the Company and Astoria Federal effective
December 16, 2009. Mr. Chrin will fill the vacancy created by the
retirement of Leo J. Waters due to his having reached mandatory retirement
age.
Mr. Chrin, 46, is currently Global
Financial Services Executive-in-Residence and Financial Services Laboratory
Fellow at Lehigh University’s College of Business &
Economics. Formerly a Managing Director and Co-Head of the Financial
Institutions M&A Group at JPMorgan Chase, Mr. Chrin advised on over $225
billion of M&A transactions during his 21-year investment banking
career.
A
graduate of Columbia University Graduate School of Business, Mr. Chrin holds an
MBA in Finance/Marketing and undergraduate degrees in Economics and Industrial
Engineering from Lehigh University. He was a member of the
Board of Advisors of Lehigh University’s College of Business and Economics from
2002 to 2009. Commenting on Mr. Chrin’s appointment, George L.
Engelke, Jr., Chairman and Chief Executive Officer of both the Company and
Astoria Federal said, “I am very pleased that John will be joining the Boards of
both Astoria Financial Corporation and Astoria Federal. His solid
financial experience and considerable knowledge of the banking industry will
serve us well in our future endeavors.”
Astoria
Financial Corporation, with assets of $20.7 billion, is the holding company for
Astoria Federal Savings and Loan Association. Established in 1888,
Astoria Federal, with deposits in New York totaling $13.2 billion, is the
largest thrift depository headquartered in New York and embraces its philosophy
of “Putting people first”
by providing the customers and local communities it serves with quality
financial products and services through 85 convenient banking office locations
and multiple delivery channels, including its enhanced website, www.astoriafederal.com.
Astoria Federal commands the fourth largest 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 Federal originates mortgage loans through its banking
and loan production offices in New York, an extensive broker network covering
sixteen states, primarily along the East Coast, and the District of Columbia,
and through correspondent relationships covering seventeen states and the
District of Columbia.
# #
#