EPHRATA, Pa. (WHTM) -- ENB Financial Corp, which is the holding company for The Ephrata National Bank, announced plans to acquire a Maryland-based bank.
ENB Financial Corp. announced earlier this week the execution of a definitive agreement to acquire the Elkton, Maryland-based Cecil Bancorp, Inc. and its wholly owned subsidiary, Cecil Bank.
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According to ENB, Cecil Bank, which was first established in 1959, operates four bank centers across Cecil County, Maryland. As of June 30, 2025, Cecil Bank had about $222 million in assets, $192 million in total deposits, and $163 million in total loans.
“This transaction furthers ENB’s strategic plan of delivering consistent, profitable organic growth while pursuing selective, val