Elmira Savings Bank Declares Cash Dividend $.20

The board of directors of The Elmira Savings Bank, FSB

has declared a $0.20 per share cash dividend on their common shares outstanding. The cash dividend will be paid on September 24, 2010 to shareholders of record September 10, 2010. The Bank also declared a dividend on their preferred shares outstanding. Elmira Savings Bank, FSB with $500.1 million in total assets, is insured by the Federal Deposit Insurance Corporation (FDIC) and is a federally chartered Bank with five offices.