ESSA Bancorp, Inc.: directors' dealings · United States · SEC (Form 4)

About ESSA Bancorp, Inc.

ESSA Bancorp, Inc. is a U.S.-listed bank holding company traded on the NASDAQ under the ticker ESSA. The company is headquartered in Stroudsburg, Pennsylvania, United States, and serves as the parent of ESSA Bank & Trust, a community-focused banking franchise whose core business is gathering deposits and originating loans. ESSA Bancorp says it was formed in 2006, while the operating banking franchise dates back to 1916, giving the company a long local heritage and a well-established presence in its core markets. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1382230/000095017024136130/essa-20240930.htm?utm_source=openai)) From a business model perspective, ESSA is a mid-sized regional banking institution with a traditional relationship-driven profile. As of September 30, 2024, it operated 21 full-service branch offices, concentrated in Monroe, Northampton, Lehigh, Lackawanna, Luzerne, Chester, Delaware, and Montgomery counties in Pennsylvania. Its footprint is centered in the Lehigh Valley and surrounding northeastern Pennsylvania markets, which makes the company a local competitor rather than a national franchise. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1382230/000095017024136130/essa-20240930.htm?utm_source=openai)) ESSA’s main products and services include commercial real estate lending, commercial and industrial lending, small business lending, residential mortgage loans, and a standard retail deposit suite such as checking accounts, savings accounts, money market accounts, certificates of deposit, and IRAs. The company also offers digital banking capabilities, including online and mobile banking, and certain adjacent financial services through subsidiaries. This mix reflects a conservative community banking model rather than a highly complex financial-services platform. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1382230/000119312524015377/d547023ddef14a.htm?utm_source=openai)) Competitive positioning is built on local familiarity, a granular deposit base, and long-standing customer relationships. A 2024 company presentation stated that ESSA ranked No. 3 in deposit market share in the Greater Lehigh Valley, underscoring a meaningful local franchise. That same material highlighted sustained credit quality and a stable core deposit base, both of which are important for regional bank investors assessing funding stability and underwriting discipline. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1382230/000119312525004105/d881537d425.htm?utm_source=openai)) Recent corporate news has been dominated by strategic consolidation. On April 8, 2025, ESSA announced an agreement and plan of merger with CNB Financial Corporation, under which ESSA would merge into CNB, with CNB surviving the transaction if completed. For investors, that means ESSA Bancorp is not only a standalone regional bank story, but also part of the ongoing merger-and-acquisition cycle across U.S. community banking. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1382230/000094337425000149/form8k_040825-425.htm?utm_source=openai))