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Citizens & Northern Corporation Declares Dividend

Posted Thursday, 20 October 2011 15:12 | Filed under C&N News

WELLSBORO, PA - Directors of Citizens & Northern Corporation, parent company of Citizens & Northern Bank, have declared a regular quarterly cash dividend of $0.16 per share. The record date is November 1, 2011 and it is payable on November 14, 2011 to shareholders of record. The amount is increased from the previous dividend of $0.15 per share, which was paid in August, 2011, and is the seventh consecutive quarterly increase in the dividend.

Declaration of the dividend was made at the October 20, 2011 meeting of the C&N Board of Directors.

Citizens & Northern Corporation is the parent company of Citizens & Northern Bank. Citizens & Northern Bank is a local, independent community bank providing complete financial, investment and insurance services through 26 full service offices throughout Bradford, Cameron, Lycoming, Potter, McKean, Steuben, Sullivan and Tioga Counties. C&N can be found on the worldwide web at www.cnbankpa.com. The Corporation’s stock is listed on NASDAQ Capital Market Securities under the symbol CZNC.
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Lisa Cook Completes PBA Advanced School of Banking

Posted Wednesday, 19 October 2011 18:27 | Filed under C&N News

Lisa Cook

Lisa Cook

WELLSBORO, PA - Lisa Cook, Citizens & Northern Bank Tioga Branch Manager, has graduated from the 2011 PBA Advanced School of Banking held at the Penn Stater Conference Center in State College.

Cook, a C&N assistant vice president, is a 10-1/2 year C&N employee, having previously served the bank as a teller, loan officer, compliance specialist and IRA administrator. She is a graduate of Cowanesque Valley High School and a 2008 graduate of the PBA School of Banking.

Cook and her husband, Michael, have three children and live in Elkland.

The PBA Advanced School of Banking is a three-year program that builds and expands the knowledge acquired at the PBA School of Banking. The program is designed for professionals looking to continue their educational experience in addition to those preparing to lead at upper level positions within their organizations.

Citizens & Northern Bank is a local, independent community bank providing complete financial, investment and insurance services through 26 full service offices throughout Cameron, Potter, McKean, Tioga, Bradford, Sullivan and Lycoming counties in Pennsylvania and in Canisteo and Hornell, NY in Steuben County. C&N can be found on the worldwide web at www.cnbankpa.com. The Company’s stock is listed on NASDAQ Capital Market Securities under the symbol CZNC.
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October 2011 BanCNotes

Posted Wednesday, 28 September 2011 18:45 | Filed under C&N News

This Quarter's Topics:

  • September Flooding Devastates Local Counties
  • Thanks for "Liking Us" On Facebook!
  • Chat With Us Online!
  • What Does Your Business Need?
  • When It Comes To Fraud, We’ve Got You Covered!
  • Our Low Loan Rates Let You Keep More Money in Your Pocket!
  • Have You Signed Up For Mobile Banking?
October BanCNotes 2011 [pdf]
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C&N Presents Flood Relief Check

Posted Tuesday, 20 September 2011 18:57 | Filed under C&N News

Jessica Brown

Valerie Whyman, director of donor relations for the Northcentral PA Chapter of the American Red Cross, accepts the check for $50,000 from
Charles H. Updegraff, Jr., C&N chairman, president and CEO.

WELLSBORO, PA - Monetary donations are desperately needed by the American Red Cross to deal with flooding in the region. Valerie Whyman, director of donor relations for the Northcentral PA Chapter of the American Red Cross, said funds are needed to provide temporary shelter for victims, food, cleaning supplies, disaster kits and other necessities.

Whyman was in Wellsboro Friday to accept a $50,000 donation from Citizens & Northern Bank. The funds will be shared by the Lycoming and Bradford/Sullivan chapters and will stay in the communities under their umbrellas, as requested by the bank. The donation was announced earlier this week. Communities in those counties were especially hard hit by flooding.

“These counties encompass a large area of our market. People impacted by this disaster are our customers, employees, family members, neighbors and friends. We are pleased to make this contribution and hope it will provide some relief for those affected,” said Charles H. Updegraff, Jr., C&N chairman, president and CEO.

Whyman said the Red Cross has spent more than $15 million on East Coast disasters since the beginning of September. Local chapters in Williamsport and Towanda are serving some of the communities most devastated by Tropical Storms Irene and Lee.

A number of organizations and businesses are collecting funds for the Red Cross, including Citizens & Northern Bank, which is accepting donations at all 25 of its open offices. The Athens office was severely damaged by flooding and remains closed. Funds collected at the C&N branches will be divided between the Lycoming and Bradford/Sullivan Chapters.

Donations are also being accepted directly by the Red Cross at www.redcross.org. Ten dollar donations are being accepted via text at 90999.

Citizens & Northern Bank is a local, independent community bank providing complete financial, investment and insurance services through 26 full service offices throughout Cameron, Potter, McKean, Tioga, Bradford, Sullivan and Lycoming counties in Pennsylvania and in Canisteo and Hornell, NY in Steuben County. C&N can be found on the worldwide web at www.cnbankpa.com. The Company’s stock is listed on NASDAQ Capital Market Securities under the symbol CZNC.
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Six C&N Employees Earn Service Awards

Posted Tuesday, 20 September 2011 18:52 | Filed under C&N News

serviceawards-sep11

September Service Award recipients receive their awards from
Charles H. Updegraff, Jr., back, chairman, president and CEO.
Recipients are, from left, Cheryl Bailey, Linda Etzel,
Teri Snyder, Jill Logan, Jessica Brown and Michael Goodreau.

WELLSBORO, PA - Six Citizens & Northern Bank employees have been recognized for a combined 100 years of service to the financial institution.

Recognized during the September service awards luncheon were:

  • Cheryl Bailey, teller in Elkland, 35 years
  • Jessica Brown, corporate secretary, 10 years
  • Michael Goodreau, business development specialist in Wellsboro, 10 years
  • Linda Etzel, Laporte branch manager, 25 years
  • Jill Logan, loan processor in Wellsboro, 10 years
  • Teri Snyder, teller in Troy, 10 years

Service awards luncheons are held regularly and hosted by C&N Chairman, President and CEO Charles H. Updegraff, Jr. In 2011, C&N will recognize 25 employees for a total of 410 years of service to Citizens & Northern Bank.

Citizens & Northern Bank is a local, independent community bank providing complete financial, investment and insurance services through 26 full service offices throughout Cameron, Potter, McKean, Tioga, Bradford, Sullivan and Lycoming counties in Pennsylvania and in Canisteo and Hornell, NY in Steuben County. C&N can be found on the worldwide web at www.cnbankpa.com. The Company’s stock is listed on NASDAQ Capital Market Securities under the symbol CZNC.

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Citizens & Northern Donates $50,000 For Flood Relief

Posted Wednesday, 14 September 2011 18:24 | Filed under C&N News

WELLSBORO, PA - Citizens & Northern Bank is donating $50,000 to the American Red Cross for flood relief efforts locally. The funds will be donated to the Lycoming and Bradford/Sullivan Chapters of the Red Cross. Those two chapters are coordinating flood relief efforts in C&N’s eight county market area.

A number of communities served by Citizens & Northern Bank were devastated by the historic flooding last week.

“This disaster has touched our customers, employees, families, friends and neighbors. Many are now without basic necessities and struggling both financially and personally. We sincerely hope that this donation will help ease some of that burden. Citizens & Northern stands committed to helping our local communities recover and rebuild.” said Charles H. Updegraff, Jr., C&N chairman, president and CEO.

In addition, all offices of Citizens & Northern Bank are serving as flood relief collection points for the local Red Cross Chapters in Williamsport and Towanda. The Williamsport Red Cross serves Lycoming County and the Towanda Red Cross serves Bradford and Sullivan Counties.

The bank’s 25 open offices will collect monetary donations and cleaning supplies for the two Red Cross chapters. Donations will be accepted from employees, customers and the general public during regular business hours.

Cleaning supplies needed include laundry detergent, bleach and other cleaners, buckets, rags, mops, garbage bags, tarps and dish liquid. Bottled water is also needed. Supplies will be delivered to the Red Cross Chapters on a regular basis, while monetary donations will be divided between the two chapters. Donations will be accepted as long as the need remains.

C&N’s Athens office remains closed until further notice. Hours at the Sayre office have been extended to accommodate customers. Updates are posted regularly on the bank’s Facebook Page: www.facebook.com/citizensandnorthernbank.

Citizens & Northern Bank is a local, independent community bank providing complete financial, investment and insurance services through 26 full service offices throughout Cameron, Potter, McKean, Tioga, Bradford, Sullivan and Lycoming counties in Pennsylvania and in Canisteo and Hornell, NY in Steuben County. C&N can be found on the worldwide web at www.cnbankpa.com. The Company’s stock is listed on NASDAQ Capital Market Securities under the symbol CZNC.
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