Nov. 30, 2015 Staff Report
Astoria Bank opened a branch in Court Square today.
The branch occupies 2,500 square feet of the Vere Building, a 43-unit residential complex located at 26-26 Jackson Avenue.
“With its tremendous amount of recent commercial and residential development, Long Island City represents an exciting opportunity for Astoria Bank,” said Monte Redman, President and CEO of Astoria Bank, in a statement.
Astoria Bank is going to face some stiff opposition, as Citibank and a Bank of America both have a branch in Court Square. In Hunters Point, Chase and M&T Bank both have a location.
The Astoria Bank branch is open Monday through Saturday with late Thursday hours. The bank says it offers customers a range of diverse retail and business banking products and services including commercial and residential lending.
Astoria Bank was established in 1888, with deposits in New York totaling $9.0 billion. The bank is a subsidiary of Astoria Financial Corp.