Astoria Financial Corporation (NYSE:AF) Files An 8-K Other Events


Astoria Financial Corporation (NYSE:AF) Files An 8-K Other Events
Item 8.01 Other Events.


On December 5, 2016, Astoria Financial Corporation (the “Company”) issued the following clarification to its Proxy Statement, regarding attendance by board members at Board and Committee meetings (page 13 of 2016 Proxy Statement under the section titled Committees and Meetings of the Board).

The Board meets on a monthly basis and may have additional special meetings upon the request of the Chairman, the President, or one-third (1/3) of the directors then in office. During the fiscal year ended December 31, 2015, the Board met fourteen (14) times. No incumbent director attended less than seventy five percent (75%) of the total number of meetings held by the Board and its committees on which such director served, with the exception of Mr. Giambrone who was appointed to the Board on July 22, 2015. Mr. Giambrone attended one hundred percent (50%) of the total number of meetings of the Board and its committees on which he served from July 22, 2015 through December 31, 2015.


About Astoria Financial Corporation (NYSE:AF)

Astoria Financial Corporation is the unitary savings and loan holding company of Astoria Bank and its subsidiaries. The Company’s principal business is the operation of its subsidiary, Astoria Bank, which is a local, community-oriented bank. Astoria Bank’s business is attracting retail deposits from the general public and businesses and investing those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings, in multi-family and commercial real estate mortgage loans, one- to four- family, or residential, mortgage loans, and mortgage-backed securities. Astoria Bank also invests in consumer and other loans, the United States Government, government agency and government-sponsored enterprise (GSE), securities and other investments. The Company offers negotiable order of withdrawal (NOW) and demand deposit accounts, money market accounts, passbook and statement savings accounts, and certificates of deposit.

Astoria Financial Corporation (NYSE:AF) Recent Trading Information

Astoria Financial Corporation (NYSE:AF) closed its last trading session up +0.19 at 16.74 with 2,603,983 shares trading hands.