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ESL Federal Credit Union Welcomes Two New Employees to its Commercial Banking Team

Rochester, NY — ESL Federal Credit Union recently added two new members to its commercial banking team. ESL named Jon Fogle as commercial banking manager, and Michael Sternick as commercial real estate relationship manager.

“We are pleased to welcome Jon and Michael to the ESL team and appreciate the extensive experience they bring to their respective roles,” said senior vice president/director, business banking, Keith Cleary. “ESL Business Banking has seen tremendous growth in terms of volume and in our capabilities for customers in recent years. The addition of Jon and Michael will allow us to continue to offer superior solutions and support for our commercial business clientele.”

Fogle will oversee a team of ESL relationship managers for its commercial banking team. Fogle will be responsible for leading the effort of developing new commercial loan relationships, including depository, wealth management, and retail banking products.

Fogle holds more than 30 years’ experience in the business banking industry. He most recently served as Rochester regional president, business banking manager at Five Star Bank. He holds a bachelor’s degree in economics from Hobart and William Smith Colleges. Fogle volunteers his time with the Boys & Girls Club of Rochester, and is past chair of the Rochester Business Classic.

Sternick will be responsible for the development and servicing of commercial real estate relationships for the credit union. Sternick holds more than seven years’ of experience in commercial real estate. He most recently served as acquisitions manager at Broadstone Real Estate. Sternick holds a BA in Economics and MBA with a with dual concentrations in Finance and Competitive & Organizational Strategy from the University of Rochester.

About ESL Federal Credit Union

With 100 years of locally-owned history, ESL Federal Credit Union serves as a full-service financial institution to more than 374,000 members and 11,400 businesses. Founded in 1920, the company provides personal banking, business banking, mortgage services, and wealth management services through its locally-based 22 branch network, telephone, mobile, online and live chat center.

The Rochester-based financial institution employs approximately 850 people in in the Greater Rochester area and holds more than $8 billion in assets. Since 1996, ESL has paid out 25 consecutive Owners’ Dividends to its members totaling more than $170 million. The company has appeared on the Great Place to Work® Best Small & Medium Workplaces list ten times since 2010. ESL Federal Credit Union is headquartered at 225 Chestnut Street, in Rochester, and can be found online at

Find and connect with ESL on Twitter (@ESLFCU) and

For more information, contact:

Rich Pulvino, APR
Vice President/Director, Corporate Communications