ESSA Bancorp

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ESSA Bancorp is a financial holding company that operates through its subsidiary, ESSA Bank & Trust, which provides various financial products and services to individuals, families, and businesses. The company was founded in 1916 and is headquartered in Stroudsburg, Pennsylvania.
ESSA Bank & Trust offers personal banking, business banking, and wealth management services. Personal banking services include checking and savings accounts, loans, mortgages, and investment services. Business banking services include small business loans, commercial loans, cash management services, and retirement plans. Wealth management services include investment management, estate planning, and retirement planning.
ESSA Bancorp is a community-focused company, with a mission to support local economic growth and development. It is committed to providing personalized, high-quality financial services to its customers and building strong relationships with the communities it serves.
The company is publicly-traded on the NASDAQ exchange under the ticker symbol ESSA. It is regulated by the Federal Reserve and the Office of the Comptroller of the Currency. As of 2021, ESSA Bancorp has over $1.9 billion in assets and operates 24 branches throughout Eastern Pennsylvania.

1. Strong focus on community banking: ESSA Bancorp is a community bank that is dedicated to meeting the needs of its local communities in the Pennsylvania region. This focus allows them to provide personalized service and build lasting relationships with their customers.
2. Long history and stability: The company was founded in 1916, giving them over a century of experience in the banking industry. This longevity and stability have helped to establish trust with their customers and make them a reliable and reputable institution.
3. Commitment to diversity and inclusion: ESSA Bancorp is committed to promoting diversity and inclusion within its workforce. They have a strong track record of hiring and promoting individuals from diverse backgrounds and giving equal opportunities to all employees.
4. Strong financial performance: Despite the challenges faced by the banking industry, ESSA Bancorp has consistently maintained strong financial performance. This reflects the company’s sound financial management and ability to adapt to changing market conditions.
5. Ethical and responsible business practices: ESSA Bancorp has a strong commitment to ethical and responsible business practices. They prioritize transparency, fair treatment of customers, and compliance with all regulatory requirements.
6. Innovative technology and services: The company has embraced technology to improve its services and stay competitive in the market. They offer online and mobile banking options, as well as innovative products such as cash management services for small businesses.
7. Strong community involvement: ESSA Bancorp is actively involved in community outreach and philanthropy efforts. They support various organizations and initiatives that improve the quality of life in the communities they serve.
8. Strong corporate governance: The company has a well-structured corporate governance system, with a board of directors that includes experienced and qualified individuals. This ensures transparency, accountability, and good decision-making processes within the company.

ESSA Bancorp is a financial holding company that operates through its subsidiary ESSA Bank & Trust. The company’s main business model is to provide various banking and financial services to individuals and small businesses in its local communities in Eastern Pennsylvania. These services include deposit products, loan products, wealth management, and insurance services.
One key aspect of ESSA Bancorp’s business model is its focus on being a community bank. It aims to build relationships with its customers and provide personalized, responsive, and local service. The company also seeks to promote economic growth and development in its local communities by providing financing and support to small businesses and individuals.
In addition to its core banking services, ESSA Bancorp also generates income through its investment portfolio, which includes securities and loans. The company also earns fees and commissions from its insurance and wealth management services.
Overall, ESSA Bancorp’s business model is centered around providing comprehensive banking and financial solutions to meet the needs of its local communities while maintaining a focus on customer relationships and community development.

1. ESSA Bancorp, Inc. is a financial holding company based in Stroudsburg, Pennsylvania.
2. It was established in 1916 as East Stroudsburg Savings Association, and later changed its name to ESSA Bancorp in 2007.
3. ESSA Bancorp operates as the holding company for ESSA Bank & Trust, a community bank that provides banking and financial services to individuals and businesses in Pennsylvania.
4. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol ESSA.
5. ESSA Bancorp has over $1.8 billion in assets.
6. The company has been named one of the top 200 community banks in the nation by American Banker Magazine.
7. ESSA Bank & Trust has been serving its community for over a century, making it one of the oldest banks in Pennsylvania.
8. ESSA Bank & Trust has 21 branch locations throughout eastern Pennsylvania, with a focus on the Poconos region.
9. In addition to traditional banking services, ESSA Bank & Trust also offers investment and insurance services through its subsidiary, ESSA Advisory Services, LLC.
10. ESSA Bancorp is committed to giving back to its community through various philanthropic efforts, such as supporting local charities and organizations.