STROUDSBURG, PA / ACCESSWIRE / June 2, 2020 / ESSA Bank & Trust announced today that it has transitioned its wealth management program to Ameriprise Financial. Through the new relationship, ESSA Bank & Trust clients will have access to comprehensive financial planning and investment solutions from Ameriprise.

'We were drawn to Ameriprise because of its solid track record of helping people feel more financially confident through its approach to delivering personalized advice,' said Peter A. Gray, Executive Vice President & CBO, 'A growing need of our clients is financial planning, especially during uncertain times like these. We are looking forward to leveraging the resources of Ameriprise to help our clients navigate their finances in the current environment and beyond.'

ESSA Investment Services, a financial advisory practice of Ameriprise Financial Services, LLC, helps its clients create personalized financial plans and manage their investments to help achieve their financial goals. Clients have access to a full range of financial planning and investment services and products including:

• Retirement planning
• Estate planning strategies
• Saving for college
• Mutual funds
• Insurance solutions
• Annuities
• Investments

'As a longstanding leader in financial planning and advice, we are incredibly excited to work with ESSA Bank & Trust and provide our expertise, digital capabilities and solutions to its clients,' said Jay McAnelly, Group Vice President, Ameriprise Financial Institutions Group (AFIG). 'Ameriprise has helped millions of individuals, families, business owners and institutional clients¹ achieve their financial goals, and we look forward to doing the same for ESSA Bank's clients.'

Ameriprise formed its Financial Institutions Group after acquiring Investment Professionals, Inc. (IPI) in 2017. Leveraging Ameriprise's strength as a wealth manager and IPI's expertise in serving the financial institutions market, the AFIG channel specializes in the on-site delivery of investment programs to financial institutions.

About ESSA Bank & Trust

About Ameriprise

Ameriprise Financial has been helping people feel confident about their financial future for more than 125 years. With extensive advisory, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors², Ameriprise has the strength and expertise to serve the full range of individual and institutional investors' financial needs. For more information, or to find an Ameriprise financial advisor, visit ameriprise.com.

1 Source: Company Reports.

2 Source: Ameriprise Financial Q4 2019 Statistical Supplement.

Ameriprise Financial cannot guarantee future financial results.

Not Federally Insured | No Financial Institution Guarantee | May Lose Value

Ameriprise Financial and the financial institution are not affiliated.

Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser.

Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC

© 2020 Ameriprise Financial, Inc. All rights reserved.

MEDIA CONTACT:

Peter A. Gray, Executive Vice President & CBO
ESSA Bank & Trust
Corporate Center
200 Palmer Street
Stroudsburg, PA 18360
570-421-0531

SOURCE: ESSA Bancorp Inc.