The Farmers National Bank of Emlenton recently announced William C. Marsh, Chairman of the Board, President and Chief Executive Officer was reelected as Member Director of the Federal Home Loan Bank of Pittsburgh (FHLBank) for Pennsylvania. Marsh will begin his four-year term beginning January 1, 2016 ending on December 31, 2019.
As an intermediary between global capital markets and local lenders, FHLBank Pittsburgh provides readily available liquidity, as well as affordable housing and community development opportunities, to member financial institutions of all sizes in Delaware, Pennsylvania and West Virginia. The Bank is one of 11 banks in the Federal Home Loan Bank System, which was established by Congress in 1932 and serves as a reliable source of funds for housing, jobs and economic growth in all economic cycles
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.