TITLE

Astoria CEO: We'd Buy, Not Build

AUTHOR(S)
Kulikowski, Laurie
PUB. DATE
March 2006
SOURCE
American Banker;3/2/2006, Vol. 171 Issue 41, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article looks at the statement by Astoria Financial Corp.'s chief executive, George L. Engelke Jr., that expansion of the $22 billion-asset thrift's network of 86 branches would more likely happen through acquisition than building. Astoria has not been building or buying for years. Its latest acquisition, of the 35-branch Long Island Bancorp Inc., was in 1998 and it has not opened a new branch since 1977.
ACCESSION #
19912412

 

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