other
confidence high
sentiment neutral
materiality 0.15
Embassy Bancorp renews headquarters lease for five years through Feb 2027
Embassy Bancorp, Inc.
- Lease for principal executive offices at 100 Gateway Dr, Bethlehem, PA renewed through Feb 28, 2027.
- Annual rent increases by 2% per contract; all other terms unchanged from June 2001 lease.
- Renewal effective March 1, 2022; further renewal at Bank's discretion.