CNB Financial, ESSA Bancorp complete merger
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 24 2025
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Merger Completion: CNB Financial Corporation has successfully completed the merger with ESSA Bancorp, integrating ESSA Bank & Trust into CNB Bank and expanding its branch network to 78 locations across four states, including the Lehigh Valley in Pennsylvania.
New Board Members: Following the merger, three new members have been appointed to the CNB and CNB Bank boards, with Gary Olson also serving as a strategic advisor to the CEO, alongside the establishment of an Advisory Board for the newly formed ESSA Bank division.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
