ES Bancshares, the parent company for Empire State Bank, named Erik Terpstra senior vice president and CFO.
Terpstra, a certified public accountant, joined ES Bancshares from Lincoln Park Bancorp, where he served as co-president and CFO of the New Jersey-based MHC. Ion Financial MHC completed its acquisition of Lincoln Park Bancorp in July. Prior to his time at Lincoln Park Bancorp, Terpstra worked with BDO as an audit professional.
“Erik’s addition to the management team is significant and instrumental, as his experience and skills will greatly contribute to Empire’s formulation and execution of corporate strategy,” Thomas Sperzel, president and chief operating officer of ES Bancshares, said.
“I am excited to join the ES Bancshares, Inc. and Empire State Bank family,” Terpstra said. “I’ve admired the company’s recent financial success and am excited about the strong commercial and retail markets the company operates in. I look forward to working with the team to continue to increase shareholder value while continuing to push the core cultural values that have made Empire the leading community bank in Staten Island and Brooklyn.”
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