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Elmira Savings Bank Elmira NY (ESBK) gains 0.67% to close at $ 22.65 on October 8

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Elmira Savings Bank Elmira NY (NASDAQ: ESBK), a company in Elmira, New York, gained to close at $ 22.65 on Friday after gaining $ 0.15 (0.67%) on volume of 19,793 shares . The stock ranged from a high of $ 22.71 to a low of $ 22.57, while the market cap of Elmira Savings Bank Elmira NY now stands at $ 44,487,545.

About Elmira Elmira NY Savings Bank

Elmira Savings Bank, with total assets of $ 684.4 million, is insured by the Federal Deposit Insurance Corporation (FDIC) and is a state chartered bank with five offices in Chemung County, NY; three offices in Tompkins County, NY; two offices in Steuben County, NY; an office in Cayuga County, NY; an office in Schuyler County; and a loan center in Broome County, NY.

Visit Elmira Savings Bank Elmira NY Profile for more information.

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Home Depot Inc (NYSE: HD) is partnering with Walmart Inc (NYSE: WMT) to provide same-day and next-day deliveries of tools, paint and other online shopping to customer doors.

Pfizer Inc (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced Thursday that they have asked the United States Food and Drug Administration (FDA) to extend emergency use authorization for their COVID-vaccine. 19 to cover children aged five to 11.

Nissan Motor Co Ltd (OTC: NSANY) will suspend production at two Mexican factories for several days this month due to the continued shortage of semiconductor chips.

About the Nasdaq Stock Market

The Nasdaq Stock Market is a global leader in trading data and services, as well as the listing of stocks and options. The Nasdaq is the world’s largest stock exchange for options volume and is home to the five largest US companies – Apple, Microsoft, Amazon, Alphabet and Facebook.

For more information on Elmira Savings Bank Elmira NY and to keep up with the latest company updates, you can visit the Company Profile page here: Elmira Savings Bank Elmira NY’s Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.

Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

DISCLOSURE:
The views and opinions expressed in this article are those of the authors and do not represent the views of equities.com. Readers should not take the author’s statements as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please visit: http://www.equities.com/disclaimer


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IBM makes COVID-19 vaccine mandatory for all U.S. employees by December 8

Pfizer-BioNTech Calls on FDA to Clear COVID-19 Vaccine for Children 5-11 Years of Age

Home Depot signs up for Walmart’s GoLocal delivery service

Nissan institutes work stoppages in Mexico for part of October

Leak of ‘Pandora Papers’ Reveals How World Leaders and Billionaires Protect the Assets of Tax Collectors

New factory orders rise 1.2% in August, more than expected



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Mark Laune, People Savings Bank, elected Vice Chairman of MO Independent Bankers Assc.

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Matthew S. Ruge, Executive Director of the Missouri Independent Bankers Association (MIBA), the state’s premier banking association exclusively representing more than 150 independent community banks statewide, announced the election of the new officers of the group for the 2021-2022 mandate. Office:

Chairman of the Board: Darrell Harke, Bank of Old Monroe, Old Monroe, Missouri; Chairman: Jack Hopkins, Community Bank of Raymore, Raymore, Missouri; President-elect: Tyler Bender, Midwest Regional Bank, Festus, Missouri; Vice-Chairman: Mark Laune, People’s Savings Bank of Rhineland, Hermann, Missouri; and Secretary-Treasurer: Matthew Sinnett, Midwest Independent Bankers Bank, Jefferson City, Missouri.

Mark Laune, the newly elected Vice-President of the Association, has served on the board of directors for several years and on various committees of MIBA. Laune has been actively involved as a leader in community banking services throughout his 30 years at Peoples Savings Bank in Hermann, MO, where he has served as President and CEO since 2008. Laune has played a instrumental in the growth of PSB, which now has 11 branches across seven counties in east-central Missouri.

Laune currently sits on the board of directors of the Ozark Gateway Fellowship of Christian Athletes and is a member of the Assumption Catholic Church. He has also served on the Franklin County Area United Way Board of Directors, the New Haven Community Youth Fair Board, and was a member of the Lions Club and the Knights of Columbus.

The Association’s elections were held at its 44e annual convention, September 13-14, 2021, at The Lodge of Four Seasons, Lake Ozark, Missouri. The Missouri Independent Bankers Association, which exclusively represents the interests of independent community financial institutions in Missouri, was the first independent state bankers association to be formed in the country and was established in 1959. The Association serves community banks throughout Missouri, providing legislative representation, education and seminar programs, and other services designed exclusively for community banks.


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Ridgewood Savings Bank officially opens new branch in Norwood

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By SARAH HUFFMAN

RIDGEWOOD SAVINGS BANK employees and executives pose with local politicians and community leaders to mark the opening of a new Norwood branch at 320 East 204th Street on September 14, 2021.
Photo by Sarah Huffman.

Ridgewood Savings Bank held a groundbreaking ceremony on September 14 to mark the opening of its new branch in the Norwood section of the Bronx at 320 East 204e Street. It replaces the old Norwood branch located at 3445 Jerome Avenue.

On May 24, a representative for Ridgewood told the Norwood News, “We are moving the agency from Avenue Jérôme because it is largely outdated and inefficient in terms of size. The representative added: “We are moving to a more modern facility. [..] to better serve our customers and the needs of our community.

The opening ceremony took place in the presence of various bank officials, elected officials from local communities or their representatives, and the new branch indeed has a clean and modern look. Associates’ offices line a wall of windows and there is also a new service counter where customers can speak to cashiers. Annie Fuentes, a customer service associate at Ridgewood, said she thought the new branch was “beautiful” and “modern”.

Ridgewood banking director Carlos Sanchez kicked off the ceremony, saying Ridgewood had been part of the Bronx for a long time and with the opening of the new branch he hoped to continue that tradition. Indeed, 2021 also happens to mark the centenary of the banking franchise.

Leonard Stekol, Chairman, President and CEO of Ridgewood, said it was an honor and privilege to work with his colleagues every day, and acknowledged their hard work to open the new branch. “With the opening of this new branch, Ridgewood Savings Bank continues to make hopes and dreams come true, and where customers can count on us for their banking needs and the many modern digital services we offer to make their lives. easier, ”Stekol said.

Mercedes Castro is assistant vice president and branch manager of the new Norwood branch and said Norwood News she was able to walk around the neighborhood and introduce herself to other business people in the area. She took advantage of the opening of the branch to officially welcome those present, in English and Spanish.

“I want to welcome you and your friends, family, neighbors and business associates,” she said. “Our team is really looking forward to working with all of you and being an integral part of this community and getting to know you better, so thank you all for being here today,” she added.

A NEW RIDGEWOOD Savings Bank branch opened in Norwood at 320 East 204th Street on September 14, 2021.
Photo by Sarah Huffman.

Referring to the new location, Castro continued, “It’s beautiful, as you can see, it’s state of the art.” She said the inauguration went very well and that she and her colleagues were very happy about it. “We had a very good reception from the neighborhood and the people of the region, so we are very grateful,” she said.

The branch manager explained that she has worked for other banks in the past, but said Ridgewood has been a unique and exciting opportunity for her. “I mean, it’s a company that really, really cares about the employees,” she said. “Most of them have been here for fifteen, twenty years, so that says a lot, especially nowadays. Other banks don’t really care about their staff. I couldn’t be happier, ”she said.

Meanwhile, Coven Natalia Fernández (AD 80) said she was thrilled to have Ridgewood in the community. “It’s a great welcome that we have a community bank, a bank that is used to helping communities progress, prosper and grow, and that’s what we need,” he said. she declared. “The more banks we have in our community, the more successful our employees will be. “

Representatives from State Senator Jamaal Bailey’s office and Congressman Adriano Espaillat’s office were also in attendance, both mentioning how good it was for the community to have a bank like Ridgewood in the area.

Bronx Community Board 7 District Director Ischia Bravo concurred with this advice and spoke of the financial hardships many people in the community have faced since the start of the pandemic, and how it was more important. than ever to have what she called a trustworthy party like Ridgewood available to help the community recover.

“I am glad to know that we will work together to help revitalize our trade corridor and improve banking access to a deprived neighborhood,” Bravo said. “Today I celebrate you [Ridgewood], but I hold you accountable as well, to ensure that your global mission continues to lend a helping hand now, more than ever, in our district.

RIDGEWOOD SAVINGS BANK employees and executives pose to mark the opening of a new Norwood branch at 320 East 204th Street on September 14, 2021.
Photo by Sarah Huffman.

Bronx Chamber of Commerce president Lisa Sorin said she was happy to hear that the bank supports neighborhoods similar to Norwood. She praised Ridgewood for her openness and expressed support for what she would do in the community.

The importance of maintaining a strong network of open bank branches in the Northwest Bronx has long been emphasized by the local community and has not been without challenges.

Norwood News previously reported a break-in and burglary in November 2020 of a Bank of America ATM, located at 3424 Jerome Avenue in Norwood. In addition to the ATM room, a Bank of America bank branch previously existed at the location but had closed a few years before the theft.

In September 2020, we also reported on a rally that was held at 94 E. Burnside Avenue in Mount Hope, as part of efforts to keep the Amalgamated Bank branch open there. More recently, as reported, Ridgewood announced on September 1 that its branch, located at 3899 Sedgwick Avenue in Van Cortlandt Village, would finally remain open. In May, the bank announced the closure of the branch.

According to Ridgewood’s website, the banking franchise was founded with the ideal of getting involved with the surrounding community. During the Great Depression, the bank’s original branch stood firm to support its customers during this difficult time. Since then, the bank has opened 35 more branches across New York City.

According to Ridgewood officials, the bank offers all Ridgewood banking services, products and community programs. “Our customers will continue to receive the same exceptional service and financial solutions that they have become accustomed to, and we will add a coin counting machine for their convenience,” said a bank representative.


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Elmira Savings Bank Elmira NY (ESBK) down 0.22% in Active Trading on October 6

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Shares of Elmira Savings Bank Elmira NY (NASDAQ: ESBK) fell 0.22%, or $ 0.05 per share, to close at $ 22.65 on Wednesday. After opening the day at $ 22.65, shares of Elmira Savings Bank Elmira NY have fluctuated between $ 22.70 and $ 22.60. 104,725 shares traded in the hands, an increase from their 30-day average of 23,299. Wednesday’s activity brought the market capitalization of Elmira Savings Bank Elmira NY to $ 44,487,545.

Elmira Savings Bank Elmira NY is headquartered in Elmira, New York.

About Elmira Elmira NY Savings Bank

Elmira Savings Bank, with total assets of $ 684.4 million, is insured by the Federal Deposit Insurance Corporation (FDIC) and is a state chartered bank with five offices in Chemung County, NY; three offices in Tompkins County, NY; two offices in Steuben County, NY; an office in Cayuga County, NY; an office in Schuyler County; and a loan center in Broome County, NY.

Visit Elmira Savings Bank Elmira NY Profile for more information.

The daily solution

The Federal Aviation Administration (FAA) wants US airlines to do more to deal with the upsurge in incidents involving unruly or violent passengers.

Athletes vying to represent the United States at the 2022 Olympic Winter Games in Beijing must be vaccinated against COVID-19, the United States Olympic and Paralympic Committee (USOPC) has said.

Beyond Meat Inc’s (Nasdaq: BYND) meatless chicken offerings will be available for purchase in select grocery stores nationwide starting next month, the fake meat company said on Monday.

About the Nasdaq Stock Market

The Nasdaq Stock Market is a global leader in trading data and services, as well as the listing of stocks and options. The Nasdaq is the world’s largest stock exchange for options volume and is home to the five largest US companies – Apple, Microsoft, Amazon, Alphabet and Facebook.

For more information on Elmira Savings Bank Elmira NY and to keep up with the latest company updates, you can visit the Company Profile page here: Elmira Savings Bank Elmira NY’s Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.

Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

DISCLOSURE:
The views and opinions expressed in this article are those of the authors and do not represent the views of equities.com. Readers should not take the author’s statements as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please visit: http://www.equities.com/disclaimer


‘Pandora Papers’ Leak Reveals How World Leaders and Billionaires Protect Assets of Tax Collectors


New factory orders rise 1.2% in August, more than expected

Beyond Meat to launch meatless chicken offerings in grocery stores in October


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Community Bank acquires Elmira Savings Bank to strengthen its presence in New York

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Community Bank System, a holding company of Community Bank, has entered into a deal to acquire New York-based Elmira Savings Bank in a $ 82.8 million all-cash deal.

Under the agreement, Elmira shareholders will receive $ 23.10 in cash for each common share they own.

Elmira will strengthen Community Bank’s presence in central New York and southern markets, including Elmira, Corning and Ithaca, with total assets of $ 648.7 million, deposits of $ 551.2 million, net loans of $ 465.3 million and 12 branches in a five-county region. .

Mark E. Tryniski, President and CEO of Community Bank System, said: “Our acquisition of Elmira Savings Bank will strengthen and expand our banking presence in the Finger Lakes region, in markets in which we are competitive and aspire to continue to grow our business.

“This combination will establish a broader and deeper community banking presence in central New York and the Southern Tier and further strengthen our ability to serve these markets.”

The merger is expected to be finalized in the first quarter of 2022 and is subject to customary closing conditions, including Elmira shareholder approval and required regulatory approvals. Upon completion of the transaction, the combined company is expected to have $ 15.4 billion in assets.

Community Bank has facilitated a number of acquisitions over the past 12 months. Earlier this year, the OneGroup subsidiary acquired Boston-based insurance agency Thomas Gregory Associates.

In July, the company also acquired benefits consultant, Fringe Benefits Design of Minnesota, which bolstered its subsidiary, Benefit Plans Administrative Services, with more than 510,000 pension plan member accounts, 4,200 employer clients and approximately $ 13 billion in defined contribution plan assets and approximately $ 110 billion in total trust assets.

Meanwhile, last June, Community Bank acquired Steuben Trust Company in a stock and cash transaction valued at $ 98.3 million. The acquisition expanded its presence into two new counties in western New York State.

Merger and acquisition (M&A) activity among US banks has skyrocketed in the past six months. In June, U.S. bank mergers and acquisitions hit a two-year high, with 26 deals announced, making it the highest monthly total since 2019.



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Cambridge Savings Bank introduces money management – a tool for consumers to improve their financial well-being

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CAMBRIDGE, Mass .– (COMMERCIAL THREAD) –Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $ 5 billion in assets, unveiled its personal finance visualization tool, Money management, to complement the suite of digital and user-friendly resources available to CSB and Ivy bank customers.

CSB presented its Money Management tool, in partnership with MX, in response to Americans’ concerns about their financial health. An Experian survey from last year found that 69% of respondents were concerned about their personal finances, while 59% were worried about paying off their existing debts. By developing a deeper understanding of consumer needs, CSB’s products and services are deployed to support the way consumers want to interact with their banks. The bank also offers resources that digital financial education and good fraud prevention practices.

Designed to help consumers take control of their financial health and interact with their finances in more meaningful ways, Money Management empowers users to responsibly monitor their spending, savings and financial accounts by providing tools and resources for :

  • Visualize their financial life: View all accounts, including bank accounts, retirement accounts, credit cards, mortgages and more from other financial institutions, in a central dashboard that allows users to view their complete financial situation, including including their overall net worth.
  • Establish budgets and manage debt: Monthly spending data will be reported to allow consumers to create budgets, plan the allocation of their funds and update projected revenues as needed. With the ability to link to aggregated accounts, individuals will be able to access balances, APR, latest payment dates, and minimum payments due for debt control and clearance.
  • Discover the trends: Users have the freedom to sort by date range, subcategories, and transactions to better understand their finances and gain insight into their spending, track their transaction history, and track their income and savings.

“Money management will inspire our clients to help them get on the right financial path by providing simple yet powerful tools that go beyond the basics to help them identify their spending and budgeting habits and improve their financial well-being ” said Susan Nachtigall, SVP Head of Digital Banking, Cambridge Savings Bank. “Complementing our digital tools, CSB will always have dedicated branch and call center team members available to ensure customers have access to live support for financial well-being, in addition in-person and virtual financial education classes we deliver to the communities we serve. . ”

Through the power of financial literacy, CSB aims to play a central role in enabling better financial outcomes for its clients and communities, especially for those who need it most, such as low-to-low income individuals and families. moderate.

CSB added Money Management to its digital offerings through its partnership with MX, a financial platform that enables financial institutions and fintechs to give their customers access to personalized and actionable information about their financial health.

Money management is easily accessible in CSB and Ivy Bank’s online and mobile banking platforms to give customers of both banks a holistic view of how, where and when their money is being spent and key information about how to improve their financial well-being. For more information on all the features and functionality offered by Money Management, please visit cambridgesavings.com/money-management.

About Cambridge Savings Bank

Cambridge Savings Bank is a full-service banking institution with over $ 5 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, our customers and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full range of personal and business banking services through a strong branch network based in Greater Boston and through digital banking solutions for individuals and businesses. commercial customers, small businesses and consumers. To learn more about how we can meet your needs, visit us at cambridgesavings.com, or better yet, come meet us to help you get the most out of your banking relationship. FDIC member.

About Ivy Bank

Ivy Bank is a digital-only division of Cambridge Savings Bank, a well-established community bank that has been helping clients improve their financial well-being since 1834 throughout the Greater Boston area. Ivy was created to bring this same approach to customers outside of the traditional CSB marketplace and allow consumers to interact with their finances in more meaningful ways. With its headquarters in Cambridge, Massachusetts, CSB is immersed in one of the most technological cities in the United States, leading to an innovative and user-friendly digital banking experience through Ivy Bank. CSB is proud to provide through Ivy the security of a traditional bank, while offering the higher interest rates of a digital bank. Visit us at ivybank.com. FDIC member.

About MX

MX, the financial data platform and leader in modern connectivity, helps organizations around the world connect to the world’s financial data and turn raw, unstructured data into their most valuable asset to deliver business experiences. smart and personalized money. MX connects more than 16,000 financial institutions and fintechs, providing them with the most reliable and secure data connectivity network in the industry. Additionally, MX powers 85% of digital banking providers, as well as thousands of banks, credit unions, and fintechs, with a combined reach of over 200 million consumers. To find out more, follow us on Twitter @MX or visit www.mx.com.


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