ELMIRA — Elmira Savings Bank (NASDAQ: ESBK) announced today it is establishing a physical presence in Broome County with an office in Vestal that will focus on making loans.
The limited-service, loan-production office, located at 3439 Vestal Parkway E. in Vestal, is set to open on Sept. 3.
“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,” Thomas M. Carr, president and chief operating officer, said in a news release.
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The office will focus initially on making residential mortgage loans and will be staffed by three employees, according to Carr.
Elmira Savings Bank, with $517.1 million in total assets, is a state-chartered bank with six offices in Chemung County, three offices and a loan center in Tompkins County, two offices in Steuben County, one office in Cayuga County, one office in Schuyler County, and a loan center in Cortland County.
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