ESSA Bancorp, Inc. (NASDAQ:ESSA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers.
(b) ESSA Bancorp, Inc. (the "Company") announced that, effective August 10, 2018, Stephen H. Patterson, Senior Vice President and Chief Lending Officer of the Company, is no longer with the Company.The Company will no longer have a Chief Lending Officer as the Company transitions to a new lending organizational structure that does not require such position.
About ESSA Bancorp, Inc. (NASDAQ:ESSA)
ESSA Bancorp, Inc. is a holding company for ESSA Bank & Trust (the Bank). The Bank is a community-oriented savings bank. The Bank provides financial services to individuals, families and businesses through its banking offices, located in Monroe, Northampton, Lehigh, Lackawanna, Luzerne, Chester, Delaware and Montgomery Counties, Pennsylvania. The Bank’s business consists primarily of 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, commercial and consumer loans (including indirect auto loans). The Bank’s deposit accounts consist of savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and individual retirement accounts (IRAs) and other qualified plan accounts.
