UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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CURRENT REPORT ON FORM 8-K
| Item 5.02 | Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; |
On January 26, 2023, Matthew T. Long, Senior Executive Vice President, Chief Operating Officer of ENB Financial Corp’s (the “Corporation”) wholly-owned subsidiary, Ephrata National Bank (the “Bank”) transitioned from his position with the Bank effective immediately. The Bank intends to commence a search to identify his permanent successor.
As a result of the transition from employment, on January 26, 2023, Chad E. Neiss, Senior Executive Vice President, Chief Strategy Officer & Head of Mortgage Division of the Bank was appointed to serve as the Bank’s Interim Chief Operating Officer pending the identification of a permanent successor for the Chief Operating Officer position. Mr. Neiss, age 49, has served as an officer of the Bank since 2014. Mr. Neiss will receive quarterly goal-based compensation for the additional duties as Interim Chief Operating Officer of the Bank. Mr. Neiss is party to an Employment Agreement with the Corporation and Bank as disclosed and described in a previous Current Report on Form 8-K filing dated November 1, 2022. Mr. Neiss’s employment agreement is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits.
The following exhibits are filed in this Current Report.
| Exhibit Number | Description |
| 10.01 | Employment Agreement by and among ENB Financial Corp, The Ephrata National Bank and Chad E. Neiss dated as of October 28, 2022 (Incorporated by reference to Exhibit 10.1 of the Corporation’s Current Report on Form 8-K filed with the SEC on November 1, 2022). |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, thereunto duly authorized.
| ENB FINANCIAL CORP | |
| (Registrant) | |
| Dated: January 27, 2023 | /s/ Jeffrey S. Stauffer |
| Jeffrey S. Stauffer | |
| Chairman of the Board Chief Executive Officer and President (Principal Executive Officer) |
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