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With more than 100 years of locally owned history, ESL Federal Credit Union serves as a full-service financial institution to more than 394,000 members and 14,700 businesses. Founded in 1920, the company provides personal banking, business banking, mortgage services and wealth management services through its locally based 23-branch network; telephone, mobile and online banking; and live chat center. The Rochester-based financial institution employs approximately 900 people in the Greater Rochester area and holds more than $9.2 billion in assets. Since 1996, ESL has paid out 27 consecutive Owners` Dividends to its members totaling more than $241 million. Since the creation of its Community Impact initiative in 2018, ESL has reinvested more than $70 million in grants throughout the community. The company has appeared on the Great Place to Work® Best Small & Medium Workplaces list for 11 years since 2010.
Since our founding in 2006, we have served as an External Investment Department for private clients, foundations, endowments, and defined benefit pension plans. In our role as Outsourced CIO, we formulate an investment policy, restructure the strategic asset allocation targets and ranges, recommend tactical asset allocation changes, and supervise specialist investment managers. We bring the structure, governance, and economies-of-scale used by the most sophisticated and successful multi-billion dollar investment offices to clients who either cannot or choose not to build, staff, and manage an internal investment department.
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