CNB Financial and ESSA Bancorp receive regulatory approvals; merger close set for July 23

CNB FINANCIAL CORP/PA

FDIC, PA Dept of Banking, and Fed Reserve Bank of Philadelphia approved the all-stock merger.
ESSA will merge with and into CNB; ESSA Bank will merge with and into CNB Bank.
Closing expected on July 23, 2025, subject to customary conditions.
Transaction announced Jan 9, 2025; will expand CNB's footprint in eastern Pennsylvania.

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