The Company, through its wholly-owned subsidiary, Astoria Federal, attracts retail deposit and invests those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings.
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Astoria Financial Corp (AF), through its wholly-owned subsidiary, Astoria Federal, attracts retail deposit and invests those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings.
AF fits my three-ten criteria.
Not in a big way, but just enough to make me feel picking it as one of my long term holdings.
I like the fact that AF is currently 27% off its 52W high.