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C&N Donates $50,000 to Williamsport YMCA Capital Funds Campaign

Posted Tuesday, 16 September 2014 16:27 | Filed under C&N News

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David Fagerstrom, left, River Valley Regional YMCA president and CEO, receives Citizens & Northern Bank's $50,000 donation from John Zurich of the C&N Trust and Financial Management Group, second from left; Bruce Smithgall, C&N vice president and commercial team leader, third from left and Ray Mattie, member of the C&N Board of Directors, third from right. Also accepting the donation on behalf of the Y are
Chad Eberhart, Williamsport Branch YMCA executive director, second from right and Ron Cimini, right, YMCA trustee.

WELLSBORO, PA – Citizens & Northern Bank has donated $50,000 to the River Valley YMCA – Williamsport Branch’s Capital Funds Campaign. The Campaign, titled “It’s Time for a New Y”, will help fund the new $10 million, 63,000 square foot facility which will be located just south of Susquehanna Health's Williamsport Regional Medical Center. This location is within a residential area that invites pedestrian traffic into the YMCA and will allow the YMCA to reach more families, said David Fagerstrom, president and CEO of the River Valley Regional YMCA.

Fagerstrom said construction on the new facility will begin this fall or, at the latest, next spring. He anticipates construction to take 12 – 14 months.

“Citizens & Northern has supported our YMCA for a long time. The bank and the Williamsport Branch share the same service area and this donation will help us to get a lot of people healthy. This means a great deal for our community,” he said.

Locating the new YMCA near the hospital will allow both facilities to share services and work toward lowering the obesity rate and prevalence of diabetes and pre-diabetes in the community, Fagerstrom said.

“C&N has always been committed to the communities it serves and it gives us a great deal of pleasure to be able to make this contribution to our local YMCA,” said Bruce Smithgall, C&N vice president and commercial team leader. “The Williamsport Y is an integral part of our community and C&N strongly supports its mission to become an even stronger provider of youth development, healthy living and socially responsible activities for everyone.”

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.