FAQ

Dividend

Q. What is the dividend rate?

The dividend rate on common shares currently is $0.23 per share per quarter.

Q. When are dividends paid?

Elmira Savings Bank historically has paid its shareholders a dividend four times a year. These dividends are subject to approval by the Board of Directors, with payment dates historically occurring on or about the 25th of March, June, September, and December.

Q. Does Elmira Savings Bank have a direct stock purchase plan?

No. The dividend reinvestment plan is not registered as a direct stock purchase plan, but instead as a dividend reinvestment and stock purchase plan.

Q. Does Elmira Savings Bank pay a dividend on its stock?

Elmira Savings Bank has paid a dividend every year since 1988. Dividends are subject to approval by Elmira Savings Bank's Board of Directors.

Q. Does Elmira Savings Bank have a dividend reinvestment plan?

Yes. You may accumulate additional shares of Elmira Savings Bank stock conveniently and cost-efficiently through the dividend reinvestment plan. You will pay no service charges or brokerage commissions for purchases made under the plan.

Q. What can I do if my dividend check is lost?

If a dividend check is lost or stolen, you can get a replacement by contacting our transfer agent at (800) 866-1340 or write to Elmira Savings Bank, Attention Thomas M. Carr, 333 E. Water Street, Elmira, NY 14901. They will place a stop payment on the original check and issue a replacement check. Once that happens, the original check will no longer be valid and cannot be cashed. Checks are replaced after a 30-day waiting period following the original issuance.

Transfer Information

Q. How can I change how my stock is registered?

If your shares are held by a brokerage firm, please contact your broker. If you own your own shares, please contact our transfer agent at (800) 866-1340. To change the registration on your shares, you will need to send the certificates you want transferred by registered, insured mail to the transfer agent or to your broker with a letter directing them to make the change. In the letter you will need to include the name, address, and Social Security number of the person to whom the new certificate should be issued. Your transfer agent or broker will provide more information on how to prepare the stock certificates for safe delivery to effect the change in registration.

Q. How can I change the address on my account?

If your shares are held by a brokerage firm, please contact your broker. If you hold your own shares, please contact our transfer agent at (800) 866-1340. Be sure to provide your new address, the name in which your stock is registered, and your Social Security number to enable the transfer agent to effect the change. Please include a daytime telephone number in case the transfer agent needs to reach you. If you move, please contact our transfer agent at (800) 866-1340.  Be sure to provide your new address, the name in which your stock is registered, and your change.  Please include a daytime telephone number in case the transfer agent needs to reach you.

Q. How do I find out detailed account information?

Please contact our transfer agent at (800) 866-1340.

Q. How can I replace lost certificates?

If your Elmira Savings Bank stock certificate is lost, stolen, or destroyed, please notify our transfer agent as soon as possible at (800) 866-1340. They will place a stop transfer on that certificate which will prevent anyone from transferring it and they will send you an Affidavit of Loss. After you return the affidavit to the transfer agent, an indemnity bond will be issued and you will receive a replacement certificate. You will be required to pay the cost of the indemnity bond.

Q. Who is Elmira Savings Bank's transfer agent and how can they be contacted?

The transfer agent maintains shareholder records and can answer specific questions about shareholder accounts and transactions. Our transfer agent is Registrar & Transfer Company.  They may be contacted:

  • By phone at: (800) 866-1340
  • By mail at: Registrar & Transfer Company, 10 Commerce Drive, Cranford, NJ  07016

Elmira Savings Bank Stock

Q. What is the CUSIP number?

The CUSIP number for Elmira Savings Bank common stock is 289660 10 2.

Q. Where are shares of Elmira Savings Bank common stock traded and what is the ticker symbol?

Elmira Savings Bank common stock is listed on NASDAQ under the ticker symbol ESBK.

Q. How can I become an Elmira Savings Bank shareholder?

Elmira Savings Bank (symbol ESBK on NASDAQ) may be bought or sold through a stock broker or through any financial institution that provides brokerage services.

 

Elmira Savings Bank • 333 E. Water St., Elmira, NY 14901 • Phone: (607) 734-3374 • (888) 372-9299 • 

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