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Embassy Bancorp, Inc. Announces Promotion of Jeffrey Skumin to Chief Financial Officer
Globenewswireยท 2025-12-05 15:05
Core Points - Embassy Bancorp, Inc. has promoted Jeffrey Skumin to Chief Financial Officer (CFO) effective December 31, 2025, to guide the financial strategy and growth of the company and its subsidiary, Embassy Bank for the Lehigh Valley [1] - Mr. Skumin has been with Embassy since March 2020, serving as Executive Vice President of Finance, and has played a significant role in the company's financial management [2] - Prior to joining Embassy, Mr. Skumin had a 19-year career as a CPA, including serving as an audit partner and Chief Accounting Officer for a large regional bank, enhancing his banking industry experience [3][4] Company Overview - Embassy Bancorp, Inc. is a community bank with $1.7 billion in assets, operating since 2001 with 10 branches and a full suite of digital banking services [4] - As of June 2025, Embassy Bank ranks 4th in deposit market share in Lehigh and Northampton Counties and has received multiple accolades, including "Best Bank" from The Morning Call and Lehigh Valley Style, and a 5-star rating from Bauer Financial for strength and stability [5]