At ESSA Bank & Trust, we want to keep our valued customers informed. On this page you will find late-breaking news related to COVID-19 and its impact on you, your business, and your valued relationship to us.


Emergency Relief for Businesses:
Paycheck Protection Program (PPP)

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020 to provide emergency relief for small- to medium-sized businesses disrupted by COVID-19. Within CARES is the Paycheck Protection Program (PPP).

Current ESSA customers only can apply for the PPP through ESSA Bank & Trust. We need the completed application form, the completed application questions, a copy of the applicant signatory's driver's license (front and back), and all backup documentation in order for us to begin processing your application.

Please review the following required items:

  1. PPP Document Requirements: Use this document as a checklist for the REQUIRED backup documentation needed to process your application
  2. PPP Borrower Application Questions:  REQUIRED
  3. PPP Borrower Application Form:  REQUIRED
  4. A copy of the applicant signatory's driver's license (front and back): REQUIRED

Your completed application form, completed application questions, a copy of the applicant signatory's driver's license (front and back), and ALL pertinent backup documentation must be sent as attachments in a SINGLE email to either your Relationship Manager or to the following secure email address:


PPP Frequently Asked Questions:

  1. The PPP is a federal loan program aimed at helping small businesses impacted by COVID-19 retain their workforce. The loan is an extension of the Small Business Administration (SBA) 7(a) loan program.

  2. The loan will be fully forgiven if the funds are used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll). Loan payments will also be deferred for six months. No collateral or personal guarantees are required. Neither the government nor ESSA Bank & Trust will charge small businesses any fees.

    Forgiveness is based on the employer maintaining or quickly rehiring employees and maintaining salary levels. Forgiveness will be reduced if full-time headcount declines, or if salaries and wages decrease.

    This loan has a maturity of 2 years and an interest rate of 1.0%.

  3. This program is for any small business with less than 500 employees (including sole proprietorships, independent contractors and self-employed persons), private non-profit organization or 501(c)(19) veterans organizations affected by coronavirus/COVID-19.

    Businesses in certain industries may have more than 500 employees if they meet the SBA’s size standards for those industries.

    Small businesses in the hospitality and food industry with more than one location could also be eligible at the store and location level if the store employs less than 500 workers. This means each store location could be eligible.

  4. The maximum loan amount is $10MM and it is calculated as follows:

    Loan Amount = Applicant’s average eligible monthly payroll expense x 2.5

    Eligible payroll includes salaries, wages and cash tips (up to an annualized level of $100,000 for an individual employee). Eligible payroll also includes employee group health care benefits, insurance premiums and retirement contributions.


CONSUMER PAYMENT RELIEF

ESSA realizes that many of our customers may be struggling to pay their loans during these unprecedented times. We are available to discuss how we can assist our Mortgage, Home Equity, Auto, and Consumer Loan customers. Please click here to learn more.

 


Hours of Operation

All ESSA branch locations will operate under new hours beginning Monday, May 11, 2020 until further notice. These limitations are intended to protect the health and well-being of our customers and our employees. All branches are closed Saturday-Sunday.

Please note that until further notice, in accordance with Pennsylvania state regulations, everyone entering our facilities must wear a face mask.

  1. Please find your local branch in the tables below. Our Devon branch remains closed, but customers can use the next closest branch in Haverford (354 W Lancaster Ave).

    Drive-Up Access and Branch Hours by Appt:
    Mon-Fri 9am-5pm; Sat-Sun Closed

    • 11 N Main St, Alburtis, PA 18011
    • 249 Rt 940, Blakeslee, PA 18610
    • 1881 Rt 209, Brodheadsville, PA 18322
    • 975 Rt 390, Cresco, PA 18326
    • 75 Washington St, E Stroudsburg, PA 18301
    • 5120 Milford Road, E Stroudsburg, PA 18302
    • 2415 Park Ave, Easton, PA 18045
    • 6302 Rt 309, New Tripoli, PA 18066
    • 744 Main St, Stroudsburg, PA 18360
    • 2826 Rt 611, Tannersville, PA 18372
    • 1430 Jacobsburg Rd, Wind Gap, PA 18091

     

    Drive-Up Access and Branch Hours by Appt:
    Mon-Thu 9am-4pm, Fri 9am-5pm; Sat-Sun Closed

    • 354 W Lancaster Ave, Haverford, PA 19041
    • 48 W Marshall Rd, Lansdowne, PA 19050
    • 8045 W Chester Pike, Upper Darby, PA 19082

     

    Branch Hours by Appt (No Drive-Up Available):
    Mon-Wed-Fri 9am-5pm; Tue-Thu-Sat-Sun Closed

    • 600 Hamilton St, Allentown, PA 18101
    • 358 S Walnut St, Bath, PA 18014
    • 418 W Broad St, Bethlehem, PA 18018
    • 76 S Main St, Nazareth, PA 18064

     

    Branch Hours by Appt (No Drive-Up Available):
    Mon-Wed-Fri 9am-4:30pm; Tue-Thu-Sat-Sun Closed

    • 300 Mulberry St, Suite 100, Scranton, PA 18503
    • 1065 Highway 315, Wilkes Barre, PA 18702
  2. Please find your local branch in the tables below.

    Drive-Up Access and Branch Hours by Appt:
    Mon-Fri 9am-5pm; Sat 9am-Noon; Sun Closed

    • 11 N Main St, Alburtis, PA 18011
    • 1881 Rt 209, Brodheadsville, PA 18322
    • 75 Washington St, E Stroudsburg, PA 18301
    • 5120 Milford Road, E Stroudsburg, PA 18302
    • 2415 Park Ave, Easton, PA 18045
    • 744 Main St, Stroudsburg, PA 18360
    • 2826 Rt 611, Tannersville, PA 18372
    • 1430 Jacobsburg Rd, Wind Gap, PA 18091

     

    Drive-Up Access and Branch Hours by Appt:
    Mon-Thu 9am-4pm; Fri 9am-5pm; Sat 9am-Noon; Sun Closed

    • 8045 W Chester Pike, Upper Darby, PA 19082

     

    Drive-Up Access and Branch Hours by Appt:
    Mon-Fri 9am-5pm; Sat-Sun Closed

    • 249 Rt 940, Blakeslee, PA 18610
    • 975 Rt 390, Cresco, PA 18326
    • 6302 Rt 309, New Tripoli, PA 18066

     

    Drive-Up Access and Branch Hours by Appt:
    Mon-Thu 9am-4pm; Fri 9am-5pm; Sat-Sun Closed

    • 227 W Lancaster Ave, Devon, PA 19333
    • 354 W Lancaster Ave, Haverford, PA 19041
    • 48 W Marshall Rd, Lansdowne, PA 19050

     

    Branch Hours by Appt (No Drive-Up Available):
    Mon-Fri 9am-5pm; Sat-Sun Closed

    • 600 Hamilton St, Allentown, PA 18101
    • 358 S Walnut St, Bath, PA 18014
    • 418 W Broad St, Bethlehem, PA 18018
    • 76 S Main St, Nazareth, PA 18064

     

    Branch Hours by Appt (No Drive-Up Available):
    Mon-Fri 9am-4:30pm; Sat-Sun Closed

    • 300 Mulberry St, Suite 100, Scranton, PA 18503
    • 1065 Highway 315, Wilkes Barre, PA 18702
  3. The following branches have both drive-up access as well as hours by appointment:

    • 11 N Main St, Alburtis, PA 18011
    • 249 Rt 940, Blakeslee, PA 18610
    • 1881 Rt 209, Brodheadsville, PA 18322
    • 975 Rt 390, Cresco, PA 18326
    • 75 Washington St, E Stroudsburg, PA 18301
    • 5120 Milford Road, E Stroudsburg, PA 18302
    • 2415 Park Ave, Easton, PA 18045
    • 354 W Lancaster Ave, Haverford, PA 19041
    • 48 W Marshall Rd, Lansdowne, PA 19050
    • 6302 Rt 309, New Tripoli, PA 18066
    • 744 Main St, Stroudsburg, PA 18360
    • 2826 Rt 611, Tannersville, PA 18372
    • 8045 W Chester Pike, Upper Darby, PA 19082
    • 1430 Jacobsburg Rd, Wind Gap, PA 18091

     

    The following branches are by-appointment (no drive-up is available):

    • 600 Hamilton St, Allentown, PA 18101
    • 358 S Walnut St, Bath, PA 18014
    • 418 W Broad St, Bethlehem, PA 18018
    • 76 S Main St, Nazareth, PA 18064
    • 300 Mulberry St, Suite 100, Scranton, PA 18503
    • 1065 Highway 315, Wilkes Barre, PA 18702

     

    See our Locations page for local phone numbers and directions.

  4. Appointments should be made for services that cannot be conducted using drive-up service, online banking, mobile banking, ATM, remote deposit or night deposit. Please call your local branch and schedule an appointment to:

    • CD maturity/term changes/closeouts
    • Opening or closing an account
    • Signature Guarantee (need a manager to perform)
    • Change orders
    • Change of signers for business accounts
    • Notification of fraud

     

    We strongly encourage you to use ESSA Bank & Trust’s digital banking solutions for 24/7 self-service account access. Our digital banking solutions provide access to your accounts utilizing our ESSA Mobile app or online banking. Either solution provides you the ability to view transactions, check balances, transfer funds, deposit checks (available through the mobile app), schedule payments and so much more. To learn more about our online & mobile banking solutions, please visit: https://essabank.com/personal/online/

  5. Please call your either your local branch, (570) 421-0531, or (855) 713-8007 (toll free).