Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
570-421-0531
200 Palmer Street
Stroudsburg, PA 18360

ESSA Bank & Trust is headquartered in East Stroudsburg and is the 22nd largest bank in the state of Pennsylvania. It is also the 501st largest bank in the nation. It was established in 1916 and as of December of 2013, it had grown to 248 employees at 27 locations. ESSA Bank & Trust has a B+ health rating.

No reviews have been left for this bank yet. Be the first to review.



Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
B

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 ESSA Bank & Trust had $26.12 million in non-current loans and owned real-estate with $170.49 million in equity and loan loss allowances on hand to cover it. This gives ESSA Bank & Trust a Texas Ratio of 15.32% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for ESSA Bank & Trust experienced no significant changes from 15.62% as of December 31, 2012 to 15.32% as of December 31, 2013, resulting in a positive change of 1.89%.This indicates that the balance sheet and financial strength for ESSA Bank & Trust has had no significant changes in recent periods.

Deposit Growth

GRADE:
B+

In the past year, ESSA Bank & Trust has increased its total deposits by $28.65 million, resulting in 2.94% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth ESSA Bank & Trust has shown is above average.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. ESSA Bank & Trust has $1.35 billion in assets with $170.49 million in equity, resulting in a capitalization level of 12.62%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #28262
Year Established1916
Employees248
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.35 billion
Loans$922.29 million
Deposits$1.00 billion
Equity Capital$162.12 million
Loan Loss Allowance$8.37 million
Unbacked Noncurrent Loans$23.50 million
Real Estate Owned$2.62 million
Historic Data - December 2012
Assets$1.40 billion
Equity Capital$171.68 million
Loan Loss Allowance$7.56 million
Unbacked Noncurrent Loans$23.50 million
Real Estate Owned$2.50 million
Profit Margin - Quarterly
Net Interest Margin3.06%
Return on Assets0.59%
Return on Equity5.03%
Interest Income$49.51 million
Rates

Always verify rates and promotions with the bank or credit union. We are not ESSA Bank & Trust, we are a rate comparison website and can not provide official rates or promotions.

ESSA Bank & Trust Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$100-Passbook Savings
0.05%$100-Statement Savings

ESSA Bank & Trust Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$500k-ESSA Money Market

ESSA Bank & Trust Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$1k-Business Plus Checking
0.10%$100k-Relationship Checking

ESSA Bank & Trust CD Rates

DetailsAPYMINMAXPRODUCT
1.75%$1k-60 Month CD
1.40%$1k-48 Month CD
0.90%$1k-36 Month CD
0.70%$1k-30 Month CD
0.70%$1k-36 Month Step-Up CD
0.55%$1k-24 Month CD
0.45%$1k-18 Month CD
0.45%$1k-24 Month Step-Up CD
0.30%$1k-12 Month CD
0.25%$1k-182 Day CD
0.25%$1k-12 Month Step-Up CD
0.20%$1k-91 Day CD
0.20%$10k-30 Day CD

ESSA Bank & Trust IRA Rates

DetailsAPYMINMAXPRODUCT
1.75%$250-60 Month IRA
1.40%$250-48 Month IRA
0.90%$250-36 Month IRA
0.70%$250-30 Month IRA
0.55%$250-24 Month IRA
0.45%$250-18 Month IRA
0.30%$250-12 Month IRA
Locations

ESSA Bank & Trust has 26 locations. Click to view all ESSA Bank & Trust locations.