Astoria Mortgage Chief Retires

Thomas W. Drennan, senior lending officer of Astoria Financial Corp. and the head of its mortgage services division, will retire on Nov. 30, the thrift holding company has announced.Mr. Drennan, 59, who also holds the title of executive vice president, will be replaced by Gary T. McCann, senior vice president and director of residential lending at the Lake Success, N.Y.-based Astoria. Mr. Drennan said he was retiring to spend more time with his family, and noted the growth of Astoria Federal Savings and Loan Association's loan portfolio from $1.8 billion when he joined the company in 1986 to more than $12 billion today. The company can be found online at http://www.astoriafederal.com.

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