ESL Federal Credit Union

ESL Federal Credit Union

For Immediate Release:
April 27, 2011

For more information, contact:
Francine Patella Ryan
ESL Public Affairs Manager
fpatella@esl.org
585.336.1089 or 585.261.6220 (cell)

ESL Federal Credit Union Employee Makes List of Top Financial Institution Investment Program Managers by Bank Investment Consultant Magazine

Rochester, New York. — ESL Federal Credit Union is pleased to announce that Leo Iacobelli, president and chief operating officer of ESL Investment Services, LLC (ISLLC) was recently named to the list of Top 20 Investment Program Managers in the country by Bank Investment Consultant magazine. This is the second consecutive year that Iacobelli has been named to the list. The ranking recognizes managers whose advisors have the highest average productivity across the industry. ESL Investment Services, LLC was ranked 8th out of 20.

In recognition of this award, the top 20 program managers are to be profiled in the May issue of Bank Investment Consultant magazine and will be honored during an exclusive awards ceremony held on May 17, in New York City.

Iacobelli helped launch ESL Investment Services LLC (ISLLC), a subsidiary of ESL, when he joined the company in 1997 as investment manager. In 1999, Iacobelli was appointed vice president and in 2003 was named president and chief operating officer.

Iacobelli manages all aspects of ESL's Investment Services, LLC and is part of ESL Federal Credit Union's senior management team. Today, there are more than 12,000 investment clients with approximately $700 million in assets under management.

Iacobelli earned his bachelor's in Business Administration from St. John Fisher College. He is currently a soccer coach for Spencerport's U11 Girls travel team. Mr. Iacobelli resides in Spencerport with his family.

Founded by George Eastman in 1920, ESL Federal Credit Union is a full-service financial institution with $3.8 billion in assets. ESL employs more than 600 people locally and has about 300,000 members world-wide. The company was recently ranked 12th as one of 2010 Best Small and Medium Work Places in America by the Great Place to Work® Institute and presented by Entrepreneur®. Access to the credit union includes 19 branch locations and more than 40 ATM locations, a Tele-Banking Center, and Internet and online banking channels. The company is headquartered at 225 Chestnut Street, in Rochester, and can be found on the Internet at www.esl.org.

 

Leo Iacobelli, president and chief operating officer of ESL Investment Services, LLC (ISLLC)