Astoria Financial Corporation operates in the Federal savings institutions sector. Astoria Financial Corporation is a unitary savings and loan association holding company of Astoria Federal Savings and Loan Association (Astoria Federal). The Company is engaged in 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, 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. Astoria Federal also invests in construction loans and consumer and other loans, the United States government, government agency and government-sponsored enterprise (GSE), securities and other investments permitted by federal banking laws and regulations. In addition to Astoria Federal, Astoria Financial Corporation has two other subsidiaries, AF Insurance Agency, Inc. and Astoria Capital Trust I. In
our complete report available for purchase the company is compared to: People's United Financial, Inc., First BanCorp. and Flagstar Bancorp, Inc..