Penns Woods Bancorp, Inc Promotes Michelle Karas to Senior Vice President and Chief Operating Officer
March 08, 2016 at 12:57 pm EST
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Penns Woods Bancorp Inc. announced the promotion of Michelle (Shelley) Karas to the position of Senior Vice President/Chief Operating Officer for the company, which includes Jersey Shore State Bank and Luzerne Bank. Karas currently oversees the Deposit Operations, E-Banking, Information Technology, Imaging, Marketing, Sales and Training functions for the organization.
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.