Ephrata National Bank Appoints New President and CEO
Ephrata National Bank rarely nominates a new president and CEO. In its 144-year history, it has had only eight presidents. Among them, one served for 34 years, while another held the position for two decades. As Rachel Bittner steps into her role as president in January 2027, she brings with her 16 years of experience as the bank’s chief financial officer.
“There’s definitely pressure,” Bittner shared, recognizing the bank’s strong community commitment. “All community banks say they’re dedicated, but here, it’s more about delivering on those values, especially regarding scholarships in honor of J. Harry Hibshman.”
The scholarships, funded by dividends from Hibshman’s donated shares, have a significant impact on local families whose children are keenly interested in the bank’s success. “It motivates us because it’s a meaningful way to influence our community. We’re not just a bank that issues checks once a year,” she added.
This past July, it was officially announced that Bittner would succeed Stauffer, the current president, upon his retirement at the end of 2026.
Founded in 1881, Ephrata National Bank now boasts a total asset base of $2.3 billion, with 14 branches across Lancaster, Lebanon, and Berks counties. It’s currently the fourth largest bank in Lancaster County, holding a market share of 9.54% according to federal data.
Bittner, a lifelong Lancaster County resident, graduated from Solanco High School and went on to earn her mathematics degree from Messiah University. She pursued long-distance trail running later in life and has completed a 50-mile race.
In a recent conversation, Bittner talked about Ephrata National Bank’s identity. “People might consider us ‘conservative,’ especially given our clientele. Many of our customers are Amish and Mennonite, so perhaps that perception sticks.” However, she believes that traditional definitions of conservatism, especially during recent years, don’t always apply.
On Risk Management and Growth
Addressing views on risk, she remarked, “We may pass on certain ventures because we prioritize our independence and safety.” Other banks may rush towards profitability, perhaps venturing into commercial real estate, but Bittner insists they maintain a diverse loan portfolio.
First Bank Acquisition
Ephrata National Bank is preparing for its first-ever acquisition with plans to take over Cecil Bank. “In our strategic planning, we sought out opportunities that align with our community-focused model. This acquisition could be an excellent fit for us,” she explained.
Independence as a Core Mission
When asked if Ephrata National Bank could be acquired by another institution, Bittner stated firmly that the mission statement reflects their intention to remain independent, though they are open to acquiring other banks.
Aiming for Leadership
Bittner reflected on her career path, recalling her grandmother, who was an administrative assistant at a local bank. “It’s funny, she always asked if I was ‘the president’ of a bank yet. To be honest, my goal was never simply to hold a title. I just wanted to make a meaningful contribution,” she shared.
Lessons in Leadership
Regarding leadership, Bittner emphasized the value of connection over skill alone, sharing that success often lies in building relationships that motivate teams toward common goals.
Significance of Being the First Female President
As the first woman to take on this leadership position, she noted that while the press release didn’t highlight this fact, it’s significant. “I hope to inspire others, especially women aiming for leadership roles in male-dominated fields. Yet, I believe my focus as CEO should extend beyond just that aspect,” she remarked.
Passion for Long-Distance Running
Bittner spoke fondly about her love for fitness, mentioning how running helps her reset and manage stress. “The Ephrata Rail Trail starts right in our parking lot, and I often find myself jogging for five miles at lunch,” she said. “It’s a great way to sort through things and find solutions.”
