CB Financial Services, Inc. announced that effective February 16, 2023, William G. Petroplus retired as a director of the company and its bank subsidiary, Community Bank. Concurrent with his retirement, both the Company and Community Bank reduced the size of its Board of Directors to eliminate the vacancy. On February 16, 2023, Ralph Burchianti notified the Company and Community Bank of his intention to retire as Senior Executive Vice President and Chief Lending Officer of Community Bank, effective April 30, 2024.

Mr. Burchianti is a director of the Company and Community Bank and his current term expires in 2024. He intends to continue to serve as a director of the Company and Community Bank following his retirement.