Elmira Savings Bank Announces Promotion

ELMIRA, NY--(Marketwired - Aug 7, 2013) - Elmira Savings Bank (NASDAQ: ESBK) is pleased to announce that Kevin J. Berkley has been promoted to Executive Vice President, Retail Loan Manager.

Mr. Berkley has over 30 years of community banking experience, with extensive lending and business development experience. "Kevin has been instrumental in growing our mortgage loan production to record levels by increasing our product offerings, expansion of our secondary market outlets, increasing our geographic footprint, and better penetrating our existing markets," said Thomas M. Carr, President and Chief Operating Officer.

Kevin is a graduate of Eisenhower College and the National School of Banking. He resides in Horseheads, NY, with his wife, Karen.

Elmira Savings Bank, with $515.0 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.