Citizens & Northern Bank has donated $10,000Posted Tuesday, 11 March 2014 14:43 | Filed under C&N News
WELLSBORO, PA – Citizens & Northern Bank has donated $10,000 to the Bradford County Regional Arts Council (BCRAC) to help offset the costs associated with converting its three Bradford County theatres to a digital format.
The three theatres operated by the BCRAC are the Keystone in Towanda, the Sayre Theatre and the Rialto in Canton. All three are located in historic buildings. The total cost of the digital conversion for all three theatres is $300,000.
“The movie industry’s move from 35mm film to digital projection has left many smaller, independent, mostly rural communities without a local movie house. Many of these movie houses operated out of historical buildings and theatres such as the BCRAC theatres. Digital conversion has been prohibitively expensive for those communities and as a result, many wonderful buildings will now go unused, many will fall into disrepair,” said Elaine Poost, BCRAC Executive Director. “It has only been through the great community support that the BCRAC theatres have been able to make the leap to digital projection. Citizens and Northern Bank has been a long supporter of the BCRAC arts mission and their generous gift to the digital conversion means that these beautiful, historic theatres will continue to be a vibrant presence in Bradford County. We are deeply grateful for their gift and their continued support,” she said.
“Citizens & Northern Bank is pleased to be able to make this contribution,” said C&N Chairman, President and CEO Charles H. Updegraff, Jr. “Our local theatres bring the world to our communities and help make those communities a vibrant place to live and work. We feel that not only does this contribution help maintain local theatres, but it also enables the BCRAC preserve the beautiful historic buildings that house them.”
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.
Elaine Poost, left, Executive Director of the Bradford County Regional Arts Council, accepts a check for $10,000 from Citizens & Northern Bank’s Michelle Rae, second from left and Melanie Sparbanie, second from right, Business Development Specialists and Denise Manley, right, Sayre Branch Community Office Manager.