ACNB CORPORATION SUPPORTS CUSTOMERS IMPACTED BY COVID-19

GETTYSBURG, Pa., April 08, 2020 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB), financial holding company for ACNB Bank and Russell Insurance Group, Inc., has implemented numerous initiatives to support customers in its communities served since the outbreak of the Coronavirus Disease 2019 (COVID-19) pandemic.

“As we, at ACNB Corporation, continue to navigate through these unprecedented times, our focus and commitment remain on the health and well-being of our customers, employees and local communities.  It is also our intent to provide the necessary financial services to our customers, who rely on us in their daily lives,” said James P. Helt, ACNB Corporation President & Chief Executive Officer.

“We understand the challenges and hardships our customers may face as a result of the many impacts of COVID-19.  There is also uncertainty as this pandemic evolves, but I am proud to say our employees have responded to provide services and assist customers in ways beyond measure.  Working together, we will get through this crisis.”

He continued, “At ACNB Bank, the banking subsidiary of ACNB Corporation, our roots run deep.  We have weathered the trials of the Civil War through the Great Depression through the more recent Great Recession. Each time in history over more than 160 years since its founding, the Bank has exhibited its ability to be resilient due to its commitment to safe and sound community banking fundamentals.  This sense of purpose has also resulted in our strength as an organization, which is evidenced by our recent acquisitions and expansion below the Mason-Dixon Line.  We look forward to continuing this rich history for the benefit of our shareholders, customers, staff members, and communities alike.”

At ACNB Bank, the following steps have been taken to mitigate the spread of COVID-19 and to assist customers in the local communities served in Pennsylvania and Maryland.  As needed, additional steps will be taken to further these efforts in the weeks ahead subject to regulatory and governmental guidance.  

• All community banking offices are limited to drive-up services for in-person banking transactions, with lobby access available via appointment in the case of critical needs for services such as safe deposit box access.  In addition, drive-up hours have been extended at select community banking office locations.
• Additional staff have been allocated to assist customers over the telephone and to handle new customer enrollments in Online Banking, Mobile Banking, and Bill Pay.
• Limits on Mobile Banking deposit transactions have been raised temporarily so that customers have the ability to deposit checks in both higher dollar amounts and number.
• All ACNB Bank fees for customers using an ATM, regardless of the location, are waived through April 30, 2020. 
• Early withdrawal fees on CDs open greater than seven days are waived through April 30, 2020.
• To assist customers in managing deposit accounts, fees for account transfers conducted via the Customer Contact Center are waived and there is potential fee relief for overdraft services through April 30, 2020.
• For personal loan customers experiencing financial hardship, processes are in place to assist in loan payment deferrals or other accommodations.
• For business loan customers, processes are in place to assist in loan payment deferrals or other accommodations.
• For eligible business customers, the Bank is participating in any available government loan programs through the Small Business Administration or otherwise, including the Paycheck Protection Program.
• For business customers, there is potential fee relief for the Bank’s deposit and lending solutions, as well as a monthly maintenance fee waiver for Remote Deposit Capture services through April 30, 2020.
• Operations are being conducted in compliance with current guidelines regarding social distancing, sanitation, and personal hygiene including mandatory hand washing in the community banking offices.
• Bank staff members are working remotely when able to do so to complete their primary responsibilities.

Additional details about ACNB Bank’s COVID-19 assistance programs, including relevant disclosures and information on how to apply, are available at acnb.com.  As divisions of ACNB Bank, FCB Bank and NWSB Bank are also offering the COVID-19 assistance programs in the Maryland market and applicable information can be found at fcbmd.com and nwsbbank.com, respectively.