Astoria Bank Opens New Long Island City Branch to Meet Growing Customer Needs

Ribbon Cutting LIC Large Group Photo[3]

(From L to R): Stephen Sipola, Astoria Bank; Brian Edwards, Astoria Bank; Thomas Grech, Queens Chamber of Commerce; Mayra DiRico, Astoria Bank; Monte Redman, Astoria Bank; David Cinelli, Astoria Bank; Joanna Kaloudis, Astoria Bank; Elizabeth Luskin, Esq., LIC Partnership; Irene Stathatos, Office of Senator Michael Gianari;s David Brause, LIC BID; Gerard Keegan, Astoria Bank; James Griffin, Astoria Bank; Therest Billouin-Roberts, Astoria Bank.

LAKE SUCCESS, N.Y., Nov. 30, 2015 /PRNewswire/ — Astoria Bank, the second largest community bank headquartered in New York, today announced the opening of its new full-service branch in Long Island City, Queens. Located at 26-26 Jackson Ave., the new branch is part of the Bank’s continued expansion efforts designed to meet both consumer and business banking needs in high-growth areas.1

“With its tremendous amount of recent commercial and residential development, Long Island City represents an exciting opportunity forAstoria Bank,” said Monte Redman, President and CEO of Astoria Bank. “We have a long history of serving communities in and aroundQueens, and our seasoned team of professionals will continue to provide consultative banking services in our newest branch.”

Astoria Bank’s Long Island City branch will be led by newly appointed branch manager David Cinelli, who has nearly a decade of financial services experience and has spent the majority of his career working with business clients in Long Island City. Cinelli most recently served as vice president and senior manager at HSBC Bank in New York City.

“David brings a combination of both big bank and community experience across a variety of sectors,” said Executive Vice President, Managing Director of the Retail Banking Group Brian Edwards. “His ongoing relationships with customers in the area will be highly valuable as we seek to further strengthen our presence in Queens, where Astoria already has deep roots.”

The branch is open six days during the week including Saturdays with late Thursday hours. It offers customers a range of diverse retail and business banking products and services including commercial and residential lending.

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