Penns Woods Bancorp, Inc. Announces Retirement of Hubert A. Valencik from the Board of Directors, Effective April 25, 2017
March 03, 2017 at 08:48 am EST
Share
On February 28, 2017, Hubert A. Valencik, a current Class 2 director whose term expires at the 2018 annual meeting, notified Penns Woods Bancorp, Inc. of his intent to retire from the board of directors effective April 25, 2017, following the company's 2017 annual meeting, having completed 33 years of continuous service to the company.
Penns Woods Bancorp, Inc. is a bank holding company. The Company operates, through its subsidiaries, namely Jersey Shore State Bank (JSSB) and Luzerne Bank (Luzerne) (the Banks). The Banks engage in business as commercial banks, doing business at locations in Lycoming, Clinton, Centre, Montour, Union, Blair, and Luzerne Counties, Pennsylvania. The Banks offers insurance, securities brokerage services, annuity and mutual fund investment products, and financial planning through the M Group, Inc. doing business as The Comprehensive Financial Group (M Group). Services offered by the Banks include accepting time, demand and savings deposits, including Super NOW accounts, statement savings accounts, money market accounts, and others. The Banks services also include making secured and unsecured business and consumer loans. Its subsidiaries also include Woods Real Estate Development Co., Inc., Woods Investment Company, Inc., The M Group Inc. and United Insurance Solutions, LLC.