ENB Financial Corp (OTCMKTS:ENBP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersITEM 5.02
On October 18, 2018, Aaron L. Groff, Jr., Chairman, President& Chief Executive Officer of ENB Financial Corp (the “Corporation”) and of its wholly-owned subsidiary, Ephrata National Bank (the “Bank”), announced his retirement effective the close of business on December31, 2019. Jeffrey S. Stauffer, Senior Vice President and Senior Lender, will be promoted to President& Chief Executive Officer of the Corporation and will be President& Chief Executive Officer of the Bank upon Mr.Groff’s retirement. A copy of the press release regarding these events is filed as Exhibit99.1 and is incorporated herein by reference.
There is no arrangement or understanding with any other person to which Mr.Stauffer was promoted as President& Chief Executive Officer of the Corporation and Bank, and there are no family relationships between Mr.Stauffer and any director or executive officer of the Corporation or the Bank. Additionally, neither the Corporation nor the Bank has entered into any transactions with Mr.Stauffer that are reportable under Item 404(a) of Regulation S-K.
| ITEM 9.01 | Financial Statements and Exhibits |
(d) Exhibits.
| Exhibit Number | Description |
| 99.1 | Press release dated as of October 18, 2018. |
ENB Financial Corp ExhibitEX-99.1 2 ex99-1.htm EX-99.1 For Immediate Release For more information contact: Craig Rodenberger Ephrata National Bank (717) 721-5279 AARON GROFF TO RETIRE FROM EPHRATA NATIONAL BANK AFTER 52 YEARS EPHRATA,…To view the full exhibit click here
About ENB Financial Corp (OTCMKTS:ENBP)
ENB Financial Corp is a bank holding company. The Company’s subsidiary, Ephrata National Bank (the Bank), is a full service commercial bank. The Company offers a range of financial services to individuals and small-to-medium-sized businesses in Northern Lancaster County, as well as Berks, Chester and Lebanon Counties. It offers a range of demand accounts, in addition to savings and time deposits. It operates in the community banking segment. It also offers secured and unsecured commercial, real estate and consumer loans. Its ancillary services include direct deposit and direct payments of funds through Electronic Funds Transfer, automated teller machines linked to the Star network, telephone banking, MasterCard debit cards and safe deposit box facilities. It also offers Internet banking, including bill pay and wire transfer capabilities, remote deposit capture, and an ENB Bank on the Go! application for iPhones and Android phones. It offers trust and investment advisory services.