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ESSA Bancorp, Inc.
As of May 30, 2026 at 24:05 UTC
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About ESSA Bancorp, Inc.
ESSA Bancorp Inc is a holding company, engaged in accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in residential first mortgage loans (including construction mortgage loans), commercial real estate loans, home equity loans and lines of credit and commercial and industrial loans. The company offers a variety of deposit accounts, including checking, savings and certificates of deposit. The company also offers asset management and trust services and investment services. The company also offers insurance benefit consulting services through its wholly-owned subsidiary, ESSA Advisory Services, LLC.
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Latest News
5 articlesCNB Financial Corporation and ESSA Bancorp have received necessary bank regulatory approvals to complete their proposed merger, expected to close on July 23, 2025. The all-stock transaction will combine two financial institutions to expand reach and enhance capabilities.
Halper Sadeh LLC, an investor rights law firm, is investigating potential violations of federal securities laws and/or breaches of fiduciary duties to shareholders related to the proposed sales of Shutterstock, Accolade, ESSA Bancorp, and Akoya Biosciences.
CNB Financial Corporation and ESSA Bancorp, Inc. have announced a strategic merger, creating a combined company with approximately $8 billion in total assets, $7 billion in total deposits, and $6 billion in total loans. The transaction is expected to be accretive to CNB's earnings and enhance its presence in the Lehigh Valley and Scranton/Wilkes-Barre markets.