Elmira Savings Bank opens new branch office

ELMIRA HEIGHTS — Elmira Savings Bank (NASDAQ: ESBK) has opened its new branch location at 2075 Lake Road in Elmira Heights.

“We are pleased to open this branch in Elmira Heights to provide added convenience for our Horseheads and Elmira customers,” Thomas M. Carr, the bank’s executive vice president and COO, said in a news release. “We also look forward to developing new relationships and to expanding our existing relationships in Elmira Heights.”

Headquartered in Elmira, Elmira Savings Bank has $527 million in total assets. The bank has six branches in Chemung County; three branches and a loan center in Tompkins County; one branch each in Steuben, Cayuga, and Schuyler counties; and a loan center in Cortland County.

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The company reported second-quarter net income of $1.36 million, or 42 cents per share, up from $1.31 million, or 43 cents, in the second quarter of 2011.

 

Contact DeLore at tdelore@tgbbj.com

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