News at The Farmers National Bank of Emlenton

Fisher Joins Farmers As Senior Credit Officer...

Posted on Wed, May, 18, 2016 @ 11:05 AM

Linda_Fisher_headshot.jpgThe Farmers National Bank of Emlenton announced that Linda J. Fisher has joined the organization as Vice President, Senior Credit Officer.

Ms. Fisher will oversee the Bank’s credit administration and credit approval process, loan procedures and policies and work to ensure the overall quality of the Bank’s loan portfolios.  Ms. Fisher has over twenty six years of service in the commercial real estate industry with extensive experience in loan origination, risk assessment and compliance.

“We are pleased to have Linda join our organization. Her experience and knowledge will be of great value to the continued success and growth of our Bank,” said William C. Marsh, Chairman of the Board, President and Chief Executive Officer of The Farmers National Bank of Emlenton.

Ms. Fisher received her undergraduate degree from Seton Hill College in Greensburg, Pennsylvania and earned her MBA from the University of Pittsburgh Joseph M. Katz Graduate School of Business.  She is a member of the Pitt Business Alumni Association Board of Directors and for the past two years has served as chair of the Katz Alumni Scholarship Committee.

The Farmers National Bank of Emlenton is an independent, nationally chartered, FDIC-insured community commercial bank headquartered in Emlenton, Pennsylvania, operating 16 full-service offices in Venango, Allegheny, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson, and Mercer Counties, Pennsylvania.  The Bank is a wholly owned subsidiary of Emclaire Financial Corp (NASDAQ: “EMCF”).

For more information about The Farmers National Bank, please visit the website at www.farmersnb.com or call 877-862-9270.

Topics: Farmers National Bank Employees, www.farmersnb.com, Farmers National Bank, Announcements, Farmers National Wealth Management, Press Release 2016

Farmers Employees Donate to Chicora/East Brady Rotary Scholarship Fund...

Posted on Thu, May, 05, 2016 @ 13:05 PM

ThEast_Brady_Rotary_Scholarship_Fund-1.jpge employees of The Farmers National Bank of Emlenton recently donated $300 to the Chicora/East Brady Rotary Scholarship Fund. Employees of the Bank raised money for this donation through their Community Jeans Day program.

Accepting the donation on behalf of the Chicora/East Brady Rotary Club were Shirley Simpson, President and Joe Olkowski, Treasurer. Representing The Farmers National Bank of Emlenton was Nan Davis, Branch Manager of the East Brady Office.

Community Jeans Day is an employee program that spans bank-wide and benefits local organizations within the Bank footprint. Employees of the Bank are encouraged to donate each month and in return, are permitted to wear jeans on Fridays. All money raised goes back into the community through gifting to local, non-profit organizations. 

The Chicora/East Brady Rotary Scholarship Fund utilizes these funds to award scholarships, sponsor student exchange programs and send students to Rotary Youth Leadership in Chicora, East Brady and surrounding areas.

The Farmers National Bank of Emlenton is an independent, nationally chartered, FDIC-insured community commercial bank headquartered in Emlenton, Pennsylvania, operating sixteen full-service offices in Venango, Allegheny, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson, and Mercer Counties, Pennsylvania.  The Bank is a wholly owned subsidiary of Emclaire Financial Corp (NASDAQ: “EMCF”). For more information about Farmers National Bank, please visit the website at www.farmersnb.com or call 877-862-9270.

Topics: Farmers National Bank Employees, farmers national bank of emlenton, Farmers National Bank Website, Local Donations, Donation, east brady, chicora

Palmer Joins Farmers as Commercial Loan Officer...

Posted on Mon, May, 02, 2016 @ 16:05 PM

Palmer_Sarah.jpgThe Farmers National Bank of Emlenton announced that Sarah Palmer has joined the organization as Vice President, Commercial Loan Officer.

In this position, Ms. Palmer will be responsible for developing and expanding business relationships in the Greater Pittsburgh region.  Ms. Palmer has over 10 years of banking and lending experience, with a core focus in customer service and business development.  Ms. Palmer currently serves as the Finance Committee Chair and Treasurer on the Board of Directors for LindenPointe Development Corporation, is a recent 40 under 40 recipient, and Vice Chair of Shenango Valley Professionals.

Ms. Palmer is currently enrolled at Stonier Graduate School of Banking and Wharton School Leadership through The University of Pennsylvania and American Bankers Association with undergraduate studies at Clarion University of Pennsylvania. Ms. Palmer attended the School of Commercial Lending through the American Bankers Association and Pennsylvania Bankers Association.  She currently resides in Mercer County.

The Farmers National Bank of Emlenton is an independent, nationally chartered, FDIC-insured community commercial bank headquartered in Emlenton, Pennsylvania, operating sixteen full-service offices in Venango, Allegheny, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson, and Mercer Counties, Pennsylvania.  The Bank is a wholly owned subsidiary of Emclaire Financial Corp (NASDAQ: “EMCF”).

For more information about Farmers National Bank, please visit the website at www.farmersnb.com or call 877-862-9270.

Topics: farmers national bank of emlenton, Farmers National Bank, Pittsburgh, Lending, Commercial Lending Pittsburgh, Commercial Loan Officer

Emclaire Financial Corp Announces Completion of Its Acquisition of United-American Savings Bank

Posted on Mon, May, 02, 2016 @ 13:05 PM

Emclaire_Logo_SM.jpgEMLENTON, Pa., May 02, 2016 -- Emclaire Financial Corp (NASDAQ:EMCF) (Emclaire), the parent holding company of The Farmers National Bank of Emlenton (Farmers National), announced today that, as of April 30, 2016, they have completed the acquisition of United-American Savings Bank, Pittsburgh, Pennsylvania (United-American).

The transaction has expanded Emclaire's franchise into Pittsburgh and increased Emclaire's consolidated total assets and total deposits to approximately $688 million and $582 million, respectively. The transaction is expected to be immediately accretive to Emclaire's earnings for the remainder of 2016, excluding one-time charges, and 29% accretive to 2017 earnings. No additional capital was needed to complete the transaction and Emclaire and Farmers National remain "well-capitalized" institutions for regulatory purposes. Emclaire plans to convert the former United-American office and operating systems in late June 2016. Under the terms of the merger agreement, shareholders of United-American will receive $42.67 in cash for each share of common stock of United-American or approximately $14.1 million in the aggregate.

William C. Marsh, Chairman, President and Chief Executive Officer of Emclaire and Farmers National, stated, "We are pleased to welcome all United-American depositors and customers to the Emclaire family. We are excited to expand our franchise into Pittsburgh and look forward to building upon and enhancing the customer relationships that United-American developed over the years. The acquisition of United-American coupled with the planned third quarter opening of our new full-service banking office in Aspinwall, Pennsylvania (a Pittsburgh suburb) reflects our strategy to profitably grow our banking franchise in desirable contiguous markets."

Tom Smith, President and Chief Executive Officer of United-American, said, "We are pleased to have joined forces with Emclaire and Farmers National. This is a win-win for our shareholders and customers."

Silver, Freedman, Taff & Tiernan LLP, Washington, DC acted as legal counsel to Emclaire in the transaction.  Jones Walker LLP, Washington, DC acted as legal counsel and Raymond James & Associates, Inc. acted as financial advisor to United-American.

About Emclaire Financial Corp

Emclaire Financial Corp is the parent company of The Farmers National Bank of Emlenton, an independent, nationally chartered, FDIC-insured community bank headquartered in Emlenton, Pennsylvania, operating 16 full service offices in Pittsburgh and in Venango, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson and Mercer counties, Pennsylvania. Emclaire's common stock is quoted on and traded through the NASDAQ Capital Market under the symbol "EMCF". For more information, visit Emclaire's website at "www.emclairefinancial.com."

Forward-looking Statements:

This release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements do not relate strictly to historical or current facts. Forward-looking statements reflect management's current views and estimates of future economic circumstances, industry conditions, company performance and financial results. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate" or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could" or "may." Forward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors - many of which are beyond our control - could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. Forward-looking statements regarding the transaction are based upon currently available information.

Actual results could differ materially from those indicated in forward-looking statements. Among other factors, actual results may differ from those described in forward-looking statements due to: the possibility that the proposed transaction does not close when expected or at all because required regulatory, shareholder or other approvals and other conditions to closing are not received or satisfied on a timely basis or at all; the terms of the proposed transaction may need to be modified to obtain such approvals or satisfy such conditions; the anticipated benefits from the proposed transaction are not realized in the time frame anticipated or at all as a result of changes in general economic and market conditions, interest rates, laws and regulations and their enforcement, and the degree of competition in our markets; the ability to promptly and effectively integrate the businesses of the companies; the reaction of the companies' customers to the transaction; diversion of management time on merger-related issues; changes in asset quality and credit risk; the inability to sustain revenue and earnings; and competitive conditions.

Emclaire's Annual Report on Form 10-K and other reports filed with the SEC describe some additional factors which could cause actual conditions, events or results to differ significantly from those described in forward-looking statements.

Forward-looking statements speak only as of the date they are made.  Copies of Emclaire's reports filed with the SEC are available in the Financial Information section of Emclaire's website, www.emclairefinancial.com.  We do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made or to reflect the occurrence of unanticipated events.

Topics: Emclaire Financial Corp, Farmers National Bank, William C. Marsh, Pittsburgh, 1812 East Carson Street, south side, Farmers

Farmers Donates to Keystone Elk Country Alliance...

Posted on Mon, Apr, 11, 2016 @ 11:04 AM

Keystone_Alliance_EITC.jpgThe Farmers National Bank of Emlenton recently donated $3,000 to Keystone Elk Country Alliance as part of the Pennsylvania Educational Improvement Tax Credit (EITC) program.

The Keystone Elk Country Alliance is committed to conserving and enhancing Pennsylvania’s elk country population, while providing an educational experience for sightseers who tour the Elk Country Visitor Center.

Accepting the donation on behalf of Keystone Elk Country Alliance was Carla Wehler, Operations Manager. Representing The Farmers National Bank of Emlenton was Heather Serafini, Assistant Vice President and Branch Manager of the St. Marys Office.

The Farmers National Bank of Emlenton is dedicated to making yearly contributions to educational improvement and scholarship organizations within the communities it serves through the EITC program.

The Farmers National Bank of Emlenton is an independent, nationally chartered, FDIC-insured community commercial bank headquartered in Emlenton, Pennsylvania, operating fifteen full-service offices in Venango, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson, and Mercer Counties, Pennsylvania.  The Bank is a wholly owned subsidiary of Emclaire Financial Corp (NASDAQ: “EMCF”).

For more information about The Farmers National Bank, please visit the website at www.farmersnb.com or call 877-862-9270.

Topics: farmers national bank of emlenton, Local Donations, Farmers National Bank, Donation, Press Release 2016

Farmers Donates to Brookville Area Raider Scholastic Foundation...

Posted on Mon, Apr, 11, 2016 @ 09:04 AM

The Farmers National Bank of Emlenton recently donated $6,000 to the Brookville Area Raider Scholastic Foundation as part of the Pennsylvania Educational Improvement Tax Credit Brookville_Raider_EITC.jpg(EITC) program.

These funds will be used to support innovative programs and high-quality learning opportunities for students from kindergarten to high school in the Brookville Area School District.

Accepting the donation on behalf of the Brookville Area Raider Scholastic Foundation were Clarinda Darr, Bonnie Confer, Ellen Neyman (Brookville Area School District Business Manager), and Robin Fillman (Brookville Area School District Superintendent). Representing The Farmers National Bank of Emlenton was Stephanie Burford, Branch Manager of the Brookville Office.

The Farmers National Bank of Emlenton is dedicated to making yearly contributions to educational improvement and scholarship organizations within the communities it serves through the EITC program.

The Farmers National Bank of Emlenton is an independent, nationally chartered, FDIC-insured community commercial bank headquartered in Emlenton, Pennsylvania, operating fifteen full-service offices in Venango, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson, and Mercer Counties, Pennsylvania.  The Bank is a wholly owned subsidiary of Emclaire Financial Corp (NASDAQ: “EMCF”).

For more information about The Farmers National Bank, please visit the website at www.farmersnb.com or call 877-862-9270.

Topics: Local Donations, Brookville, Donation, Press Release 2016, EITC

Farmers Donates $7,500 to Keystone School District Education Foundation...

Posted on Mon, Apr, 11, 2016 @ 08:04 AM

KSDEF_EITC_2016.jpgThe Farmers National Bank of Emlenton recently donated $7,500 to the Keystone School District Education Foundation as part of the Pennsylvania Educational Improvement Tax Credit (EITC) program.

The Keystone School District Education Foundation supports innovative educational programs and technical initiatives for its students.  The Keystone School District will be hosting a S.T.E.M. Camp this June for area students. A portion of these EITC funds will enable area students to participate in learning activities designed to increase their knowledge and skills in the areas of Science, Technology, Engineering and Mathematics.  

Accepting the donation on behalf of the Keystone School District Education Foundation were John Mason, President of the Foundation, and Shawn Algoe, Superintendent of Keystone School District. Representing The Farmers National Bank of Emlenton was Kelli Hilinski, Branch Manager of the Knox Office.

The Farmers National Bank of Emlenton is dedicated to making yearly contributions to educational improvement and scholarship organizations within the communities it serves through the EITC program.

The Farmers National Bank of Emlenton is an independent, nationally chartered, FDIC-insured community commercial bank headquartered in Emlenton, Pennsylvania, operating fifteen full-service offices in Venango, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson, and Mercer Counties, Pennsylvania.  The Bank is a wholly owned subsidiary of Emclaire Financial Corp (NASDAQ: “EMCF”).

For more information about The Farmers National Bank, please visit the website at www.farmersnb.com or call 877-862-9270.

Topics: Local Donations, Donation, Press Release 2016, Keystone School District

Farmers Donates $3,000 to Grove City YMCA...

Posted on Tue, Apr, 05, 2016 @ 16:04 PM

The Farmers National Bank of Emlenton recently donated $3,000 to the Grove City YMCA as part of the Pennsylvania Educational Improvement Tax Credit (EITC) program.

The Grove City YMCA supports Grove City with a mission to foster strong individuals, families, and communities with Christian values by providing quality programs that strengthen Spirit, Mind and Body for all.   Funds from this EITC contribution will be used to assGrove_City_EITC.jpgist with pre-school programs at the YMCA.

Accepting the donation on behalf of the Grove City YMCA was Adam Cook, CEO. Representing The Farmers National Bank of Emlenton was Darian Murray, Branch Manager of the Grove City Office.

The Farmers National Bank of Emlenton is dedicated to making yearly contributions to educational improvement and scholarship organizations within the communities it serves through the EITC program.

The Farmers National Bank of Emlenton is an independent, nationally chartered, FDIC-insured community commercial bank headquartered in Emlenton, Pennsylvania, operating fifteen full-service offices in Venango, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson, and Mercer Counties, Pennsylvania.  The Bank is a wholly owned subsidiary of Emclaire Financial Corp (NASDAQ: “EMCF”).

For more information about The Farmers National Bank, please visit the website at www.farmersnb.com or call 877-862-9270.

Farmers Employees Donate to Rebecca M. Arthurs Memorial Library...

Posted on Thu, Mar, 31, 2016 @ 15:03 PM

The employees of The Farmers National Bank of Emlenton recently donated $300 to the Rebecca M. Arthurs Memorial Library, located in Brookvillle, PA. Employees of the Bank raised money for this donation through their Community Jeans Day program.

Accepting the donation on behalf of the Rebecca M. Arthurs Memorial Library was Rosalee Pituch, Library Director. Representing The Farmers National Bank of Emlenton was Stephanie Burford, Branch Manager of the Brookville Office.Brookville_Library_Donation_JEans_Day.jpg

Community Jeans Day is an employee program that spans bank-wide and benefits local organizations within the Bank footprint. Employees of the Bank are encouraged to donate each month and in return, are permitted to wear jeans on Fridays. All money raised goes back into the community through gifting to local, non-profit organizations. 

The Rebecca M. Arthurs Memorial Library offers patrons access to over 38,000 books, movies, computer services and programs for all ages. For more information, please visit www.rmalib.org.

The Farmers National Bank of Emlenton is an independent, nationally chartered, FDIC-insured community commercial bank headquartered in Emlenton, Pennsylvania, operating fifteen full-service offices in Venango, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson, and Mercer Counties, Pennsylvania.  The Bank is a wholly owned subsidiary of Emclaire Financial Corp (NASDAQ: “EMCF”). For more information about Farmers National Bank, please visit the website at www.farmersnb.com or call 877-862-9270.

Farmers Introduces Mobile Deposit Feature...

Posted on Tue, Mar, 01, 2016 @ 11:03 AM

Mobile Deposit with FarmersEmlenton, Pennsylvania, March 1, 2016The Farmers National Bank of Emlenton announced today the launch of their new Mobile Deposit capabilities for Apple® and Android devices.  The new feature, available through the current Mobile App, will allow customers to take a photo of a paper check and securely deposit it directly into an eligible Farmers National Bank of Emlenton account.

“Offering a Mobile Deposit feature is in line with our continued commitment to providing customers with secure, convenient and enhanced banking access. We are pleased to add this feature to our current selection of online and mobile banking services”, said William C. Marsh, Chairman of the Board, President and Chief Executive Officer of Farmers National Bank.

The Farmers National Bank of Emlenton is an independent, nationally chartered, FDIC-insured community commercial bank headquartered in Emlenton, Pennsylvania, operating fifteen full-service offices in Venango, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson, and Mercer Counties, Pennsylvania.  The Bank is a wholly owned subsidiary of Emclaire Financial Corp (NASDAQ: “EMCF”).  

For more information about The Farmers National Bank, please visit the website at www.farmersnb.com or call 877-862-9270.

Topics: Emclaire Financial Corp, farmers national bank of emlenton, Farmers National Bank Website, Promotions, Emlenton, www.farmersnb.com, Farmers National Bank, William C. Marsh, Farmers National Bank Management, Press Release 2016