ESL Federal Credit Union

ESL Investment Services, LLC

For Immediate Release:
June 15, 2012

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

ESL Investment Services, LLC President/COO
Makes List of Top Program Managers by
Bank Investment Consultant Magazine

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

Rochester, New York – Leo Iacobelli, president and chief operating officer of ESL Investment Services, LLC, was recently named to the list of Top 20 Program Managers in the country, by Bank Investment Consultant magazine. This is the third consecutive year that Iacobelli has been named to the list. The ranking recognizes managers of the most productive bank and credit union-based advisors on the basis of growth in team production; growth in team assets; average production per advisor and; number of financial advisors the program manager oversees. ESL Investment Services, LLC was ranked second out of 20.

In recognition of this award, the top 20 program managers were profiled in the May issue of Bank Investment Consultant magazine.

Iacobelli helped launch ESL Investment Services LLC, 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 Investment Services, LLC and is part of ESL Federal Credit Union's senior management team. Today, ESL Investment Services, LLC has 15,000 investment clients with approximately $900 million in assets.

Iacobelli earned his bachelor's degree in management, with a concentration in finance, from St. John Fisher College.

He is currently a soccer coach for Spencerport's U12 Girls travel team and resides in Spencerport with his family.

About ESL Federal Credit Union

Founded by George Eastman in 1920, ESL Federal Credit Union is a full-service financial institution with $4 billion in assets. ESL employs more than 600 people locally and has about 300,000 members worldwide.

About ESL Investment Services, LLC

Established in 1996, ESL Investment Services provides a full range of financial services, including retirement planning, insurance, financial planning and wealth management.