Elmira Savings Bank Announces Expansion into Broome County, New York
Thursday, August 29, 2013
Elmira, NY, August 29, 2013 – Elmira Savings Bank (NASDAQ:ESBK) is pleased to announce it will open a new, limited service, loan production office at 3439 Vestal Parkway E., Vestal, NY, on September 3, 2013.
“We are very pleased to be extending our geographic footprint into Broome County, New York, and look forward to partnering with the real estate community in that market,” said Thomas M. Carr, President and Chief Operating Officer. Carr continued, “The office will focus initially on residential mortgage originations and will be staffed by three mortgage professionals.”
Elmira Savings Bank, with $517.1 million in total assets, is insured by the Federal Deposit Insurance Corporation (FDIC) and is a state-chartered bank with six offices in Chemung County, NY; three offices and a loan center in Tompkins County, NY; two offices in Steuben County, NY; one office in Cayuga County, NY; one office in Schuyler County, NY; and a loan center in Cortland County, NY.
Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve the risks and uncertainties, including the timely availability and acceptance of Bank products, the impact of competitive products and pricing, the management of growth, and other risks detailed from time to time in the Bank’s publicly available regulatory reports.
For further information contact:
Thomas M. Carr, President & COO
Elmira Savings Bank
333 East Water Street
Elmira, New York 14901