Es Bancshares, Inc. and Empire State Bank Announces Election of New Directors to its Board
October 23, 2020 at 06:43 pm
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ES Bancshares Inc. and Empire State Bank announced the appointment of Michael O’Brien and Penda Aiken to its Board of Directors. Michael O’Brien, an accomplished leader and entrepreneur, has been an investor for more than 35 years in public, private and start-up organizations in the financial service industry. In 2007, Mr. O’Brien founded Deerhill Pond Investment Partners, LP. Prior to Deerhill, Mr. O’Brien worked 22 years for Keefe, Bruyette and Woods Inc. Mr. O’Brien managed KBW’s London based European operation advising international portfolio managers and raising capital for U.S. financial institutions. Mr. O’Brien served as a member of the Board of Directors and Operating Committee for KBW and as CEO and President of KBW Asset Management. Penda Aiken is a well-recognized leader and respected entrepreneur with more than 30 years of experience in the staffing industry and has held numerous leadership roles. She is President and Principal Owner of Penda Aiken Inc. Ms. Aiken has been one of the driving forces behind the company’s strategic and operational success. Ms. Aiken has successfully provided staffing expertise to public and private sector entities and has addressed other human resource challenges with innovative ideas and solutions.
ES Bancshares, Inc. serves as the holding company for Empire State Bank (the Bank). The Bank is a New York state chartered bank and provides a variety of financial services to meet the needs of communities in its market area. The Bankâs principal business is attracting commercial and retail deposits in New York and investing those deposits primarily in loans, consisting of commercial real estate loans, and other commercial loans, including small business administration (SBA) and mortgage loans secured by one-to-four-family residences. In addition, the Bank invests in mortgage-backed securities (MBS), securities issued by the United States government and agencies thereof, corporate securities and other investments. The Bank operates from its five banking center locations and two Loan Production offices. The Bankâs loan production offices are located in Queens and Staten Island, New York. The Bankâs subsidiaries include Iron Creek LLC and North Plank Realty II Inc.
ES BANCSHARES, INC. 
