Elmira Savings Bank

Elmira Savings Bank was established in 1869 under the original name The Elmira Savings Bank. Throughout its history, the institution underwent several name changes and regulatory adjustments. In 1970, it became known as The Elmira Savings Bank, and in 1983, it changed its name to The Elmira Savings Bank, FSB, while also switching its chartering agency to the Office of Thrift Supervision. In 1985, the bank transitioned to a Stock Savings Bank organization type. Following a series of regulatory changes, including a shift to Federal Deposit Insurance Corporation supervision in 2011, the bank changed its name to Elmira Savings Bank on January 1, 2012. On March 21, 2012, it became a member of the Federal Reserve System and changed its primary federal regulatory agency to the Federal Reserve. After operating for over one hundred years, Elmira Savings Bank ultimately merged with Community Bank, National Association on May 14, 2022, thereby ceasing its independent operations.

Below is a list of some important events in banks history, including mergers and acquisitions.

1869-01-01Institution established. Original name: The Elmira Savings Bank.

1970-12-12Changed Institution Name to The Elmira Savings Bank.

1975-12-08Main Office moved to 333 East Water Street, Elmira, NY 14901.

1983-05-16Changed Chartering Agency to Ots.

1983-05-16Changed Institution Name to The Elmira Savings Bank, Fsb.

1985-03-01Changed Organization Type to Stock Savings Bank.

2011-07-21Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

2011-12-31Changed Chartering Agency to State.

2011-12-31Changed Bank Class to FDIC Supervised State Savings Bank.

2011-12-31Changed Primary Federal Regulatory Agency to FDIC.

2012-01-01Changed Institution Name to Elmira Savings Bank.

2012-03-21Institution becomes member of the Federal Reserve System.

2012-03-21Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

2012-03-21Changed Primary Federal Regulatory Agency to FED.

2022-05-14Merged and became part of Community Bank, National Association in Canton, NY.