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Pennsylvania Association for Justice and Esquire Bank Execute Marketing Licensing Agreement


News provided by

Esquire Bank

May 17, 2011, 02:01 ET

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NEW YORK, May 17, 2011 /PRNewswire/ -- Esquire Bank today announced the execution of a Marketing Licensing Agreement with the Pennsylvania Association for Justice ("PAJ"). Esquire Bank's goal is to be the premier "one-stop" financial services firm for the trial bar. As part of this agreement, Esquire Bank is now the "Bank of PAJ".

"Becoming the 'Bank of the Pennsylvania Association for Justice' represents another significant milestone in our core strategy – to build affinity partnerships with key trial lawyers associations throughout the United States," commented Andrew C. Sagliocca, President and Chief Executive Officer of Esquire Bank.  

Esquire Bank also becomes a Gold Business Partner of PAJ.  This gives Esquire Bank a unique opportunity to offer its attorney specific financial services to PAJ's more than 4,500-member network. "Adding a prestigious association like PAJ further underscores our brand recognition as the only bank in the United States tailored specifically for attorneys," said Jason M. Darby, Executive Vice President at Esquire Bank. "Our four core attorney specific services of business financing, traditional private banking, qualified settlement fund banking, and branded debit cards for settlement proceeds, are well crafted to provide real business value to PAJ and its members."

Added Timothy Conboy, PAJ President, "PAJ is delighted to form this partnership with Esquire Bank. We believe we have a business partner that has a range of products and services that are beneficial to our total membership. Esquire Bank's core alignment with our association as well as their innovative products for the trial bar should carry real value to our membership."

Over the past five years, Esquire Bank has become a unique provider of financial services and products to the trial bar, developing a strong brand and reputation as the "Bank of Choice" for attorneys and their firms. Including PAJ, Esquire Bank now has several key affinity partnership agreements, both at the state and national level, boasting over 50,000 members.

About Esquire Bank

Esquire Bank is an independent full-service, federally chartered savings bank serving the banking needs of law professionals, professional service firms, small to mid-sized businesses and individuals across the United States. With a focus on trial bar attorneys, Esquire Bank has become a unique provider of financial services and products, developing a strong brand and reputation with attorneys and their firms. Esquire Bank's goal is to be the premier "one-stop" financial services firm for the trial bar. Esquire Bank has developed innovative products and services geared to meet the trial attorney needs, including, but not limited to: a secured qualified settlement loan product, giving law firms financial flexibility and allowing Esquire Bank the potential to attract and manage mass tort settlements; an attorney line-of-credit product, allowing law firms to pass finance charges through to the settlement of a case; and the Esquire Settlement Card, a secure and efficient mechanism for distributing settlement proceeds electronically to a law firm's client.

Esquire Bank's home branch office is located in Brooklyn, NY, and the administrative headquarters is located in Garden City, NY. Esquire Bank also operates two sales offices in midtown and downtown Manhattan, New York, NY.

For more information on Esquire Bank go to www.esquirebank.com.

About Pennsylvania Association for Justice

The Pennsylvania Association for Justice endeavors to promote a fair and effective justice system by providing support to those attorneys who work to ensure that others can obtain justice in Pennsylvania's courtrooms, even when taking on the most powerful interests. The Association assists trial attorneys in Pennsylvania by:

  • Providing online and offline platforms where members can share information on legal and practice developments;
  • Organizing online and live Continuing Legal Educational seminars on all aspects of trial practice;
  • Publishing legal manuals and texts on critical areas of law of interest to PAJ Members; &
  • Advocating for the integrity of a robust civil justice system in Pennsylvania.

The aim of these activities is to help trial attorneys better represent their wronged clients. The Association has resisted measures that, in other states, have closed courthouse doors to those who rely on courtrooms as the last resort to obtain justice. The Association also fosters public awareness of the role of the trial attorney in the administration of justice and to protect every citizen's 7th Amendment right to trial by jury.

For more information on Pennsylvania Association for Justice go to www.pajustice.org.

Forward Looking Statement

This release may contain statements relating to the future results of the Bank (including certain projections and business trends) that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, in addition to historical information, which involve risk and uncertainties, are based on the beliefs, assumptions and expectations of management of the Bank. Words such as "expects, " "believes," "should," "plans," "anticipates," "will," "potential," "could," "intend," "may," "outlook," "predict," "project," "would," "estimated," "assumes," "likely," "enhance" and variation of such similar expressions are intended to identify such forward-looking statements. Examples of forward-looking statements include, but are not limited to, expected or anticipated revenue, and results of operations and business of the Bank, including earnings growth; revenue growth in retail banking lending and other areas; origination volume in the Bank's consumer, commercial and other lending businesses; current and future capital management programs; expense levels; and other business operations and strategies.

Contact:

Andrew C. Sagliocca

516-535-2002

SOURCE Esquire Bank

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