Exciting Leadership Changes at Embassy Bancorp, Inc.
Embassy Bancorp, Inc. (OTCQX: EMYB) is thrilled to share the news of Jeffrey Skumin's promotion to Chief Financial Officer (CFO). His new role will take effect at the end of this year, marking a significant step in his career at the bank.
Jeffrey Skumin's Journey and Experience
Since he joined Embassy in March 2020 as Executive Vice President of Finance, Mr. Skumin has made remarkable contributions to the company. His insights and leadership skills have proved invaluable, influencing various financial strategies that promote growth within the bank.
A Proven Track Record in Finance
Jeffrey's career began with a robust background in accounting, having spent nearly two decades as a CPA. His prior experience includes serving as an audit partner in a national firm, where he focused on community banks. Before joining Embassy, he also held the position of Chief Accounting Officer at a large regional institution, further enhancing his expertise.
Community Involvement and Education
A proud resident of the Lehigh Valley, Jeffrey is not only committed to the bank but also actively participates in local community initiatives. He is a graduate of Muhlenberg College, where he laid the foundation for his exceptional career.
Remarks from Leadership
David M. Lobach, Jr., the Chairman, President, and CEO of Embassy Bancorp, expressed confidence in Skumin's capabilities. He stated, "Jeff's extensive experience and proven leadership make him an outstanding choice for CFO. We are excited to have him continue to guide our financial operations as we grow and serve our community." This endorsement reflects the trust and respect Jeffrey commands among his peers.
About Embassy Bancorp, Inc.
Embassy Bancorp, Inc. is the parent company of Embassy Bank for the Lehigh Valley, a community bank with over $1.7 billion in assets. It has been part of the region since 2001, operating ten branches and offering an array of digital banking services to meet customer needs.
Bank's Recent Achievements
As of mid-2025, Embassy Bank holds the 4th position in deposit market share in its region, underlining its significant presence in the financial landscape. The bank has received several honors this year, including recognition as the "Best Bank" by local publications. These accolades highlight its dedication to service and customer satisfaction.
Connect with Embassy Bancorp
For anyone seeking more information about Embassy Bancorp, please visit www.embassybank.com. The bank offers a plethora of resources and services aimed at enhancing the financial well-being of its customers.
Frequently Asked Questions
Who is the new CFO of Embassy Bancorp?
Jeffrey Skumin has been promoted to Chief Financial Officer of Embassy Bancorp, Inc.
What has been Jeffrey Skumin's role prior to becoming CFO?
Before his promotion, Jeffrey served as the Executive Vice President of Finance, leading the finance department.
How long has Embassy Bancorp been serving the community?
Embassy Bancorp has been a part of the community since 2001, offering various banking services over the years.
What position does Embassy Bank hold in the local market?
As of June 2025, Embassy Bank ranks 4th in deposit market share in Lehigh and Northampton Counties.
What digital services does Embassy Bancorp provide?
Embassy Bancorp offers a full suite of digital banking services to cater to the needs of its customers.
