EMBASSY BANCORP, INC. : Change in Directors or Principal Officers (form 8-K)
June 22, 2022 at 09:57 am EDT
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Item 5.02Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 17, 2022, James R. Bartholomew, Senior Executive Vice President of
Embassy Bancorp, Inc. and its wholly-owned banking subsidiary Embassy Bank for
the Lehigh Valley (collectively the "Company"), informed the Company that he
intends to retire effective December 31, 2022. Mr. Bartholomew will also retire
from his position as Senior Lending Officer of Embassy Bank for the Lehigh
Valley (the "Bank") effective December 31, 2022. Mr. Bartholomew began his
banking career in 1974 and joined the Bank at its inception in November 2001,
overseeing the growth of the Bank's loan portfolio to over $1.1 billion through
March 31, 2022. Mr. Bartholomew's determination to retire is not related to any
disagreement on any matter related to the Company's operations, policies or
practices.
Embassy Bancorp, Inc. is a bank holding company. The Company's operating subsidiary is Embassy Bank for The Lehigh Valley (the Bank). The Company acts as an independent community financial services provider and offers banking and related financial services to individual, business, and government customers. The Company offers an array of commercial and retail financial services, including the taking of time, savings, and demand deposits; the making of commercial, consumer, residential mortgage, and home equity loans; and the providing of other financial services. The Company offers its retail customer base a product line of consumer loan services, including mortgage loans, first time home buyer mortgages, secured home equity loans, lines of credit, auto loans, and, to a much lesser extent, unsecured personal loans. It offers a range of specialty home equity and mortgage products. Its other services include mobile banking, commercial credit cards, safe deposit boxes, among others.