Esquire Financial Holdings, Inc. announced that Tony Coelho has been appointed Chairman of the Board of Directors of the Company following the tragic passing of the Company's Founder and Executive Chairman, Dennis Shields. Mr. Coelho had previously been the Vice Chairman of the Board of Directors. Coelho, who has served on Esquire's Board since 2010, was a prominent member of the U.S. House of Representatives (D-CA), serving as House Majority Whip from 1987 to 1989. While in the House of Representatives, he authored the Americans with Disabilities Act, among other significant accomplishments.
Esquire Financial Holdings, Inc. is a financial holding company, which operates through its subsidiary, Esquire Bank, National Association (the Bank). The Bank is a full-service commercial bank dedicated to serving the financial needs of the legal and small business communities on a national basis, as well as commercial and retail customers in the New York metropolitan market. It offers tailored products and solutions to the legal community and their clients as well as dynamic and flexible payment processing solutions to small business owners, both on a national basis. The Bank also offers traditional banking products for businesses and consumers in its local market area. Its products offered to businesses and consumers include checking, savings, money market, and time deposits, a wide range of commercial and consumer loans, as well as customary banking services. The Bank operates a payment processing platform through third-party Independent Sales Organizations (ISOs).