Astoria Federal Bank Launches 14th Annual Kids Tools for School Drive

By Geoffrey Walter. 

Astoria Federal Savings Bank will hold its 14th annual Kids Tools for School collection drive throughout August to help prepare children for the start of the new school year.

Starting August 1, the community is invited to participate by bringing their donations of new school supplies or cash to purchase supplies to any one of ’ 85 branches in Nassau, Suffolk, Brooklyn, Queens and Westchester. 

Astoria Federal Savings has a location in Lynbrook, Malverne and West Hempstead.

Astoria Federal will also match up to $10,000 in cash donations to purchase additional supplies to be distributed to local children without school supplies for this upcoming school year. 

The bank will once again team up with local schools, shelters and human service organizations to distribute supplies to children in need as More families than ever are likely to find themselves in difficult financial situations this year — many for the first time — and may be unable to provide their children with school supplies, which typically cost as much as $100 per child. 

As a result, some children may arrive at school this September without supplies or are forced to recycle last year’s.

“We recognize that children who go to school without the necessary school supplies are at a tremendous disadvantage, both academically and socially...," Astoria Federal Savings Executive Vice President Brian Edwards said in a statement “It’s a great feeling to help a child start the year with fresh new supplies and a bright outlook.”

The Kids Tools for School collection drive is part of Astoria Federal’s Education First initiative, which includes special savings accounts for students, an annual Teach Children to Save Essay Contest and school outreach programs to promote financial literacy. 

For additional information about Astoria Federal’s Kids Tools for School collection drive visit their website.