Astoria Bank merged with Sterling National Bank in October of 2017, and its branches became Sterling National branches. Astoria Bank, formerly known as Astoria Federal Savings, was located in Lake Success, New York. The company serves customers in the state of New York, primarily those located in Brooklyn, Queens, Nassau, Suffolk, and Westchester counties. Astoria Bank's philosophy is “Putting people first.”
Originally founded in 1888 as the Central Permanent Building and Loan Association, the company became Astoria Federal in 1936 and received its bank charter in 1937. In the 1990's, Astoria Federal acquired Fidelity New York Savings Bank, Greater New York Savings Bank, and Long Island Savings Bank. These acquisitions helped Astoria Federal grow its market share and serve a larger number of New Yorkers.
As of early 2013, Astoria Bank has over $16 billion in assets and $10.4 billion in deposits, making it the largest thrift depository in New York. Astoria Federal operates 85 local bank branches, over 100 ATMs, and offers extensive services on its website. Astoria Federal offers the usual financial products, including mortgage loans, savings accounts, certificates of deposit (CDs), home equity loans, and more.
In 2014 Astoria Federal Savings officially changed its name to Astoria Bank. The new name reflects the bank's growth into a full-service community bank.
Astoria Bank originates home mortgage loans in nine states – New York, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, North Carolina, Pennsylvania, and Virginia – and Washington D.C. The bank is also involved in multi-family and commercial real estate lending, mostly in New York City.
If you're interested in seeing how Astoria Bank mortgage rates, CD rates, or savings rates stack up against the competition, try out our free rate comparison tool!
One Astoria Bank Plaza
Lake Success, NY 11042
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