Penns Woods Bancorp, Inc. Announces Board Appointments
August 15, 2019 at 08:54 am
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On August 13, 2019, the Board of Directors of Penns Woods Bancorp, Inc. appointed Charles E. Kranich II as a Class 2 Director of the Company to serve until the 2020 annual meeting of shareholders of the Company and Robert Q. Miller as a Class 3 Director of the Company to serve until the 2021 annual meeting of shareholders, and until their respective successors are duly elected and qualified. Each of Mr. Kranich and Mr. Miller currently serve as directors of the Company’s wholly owned banking subsidiary, Jersey Shore State Bank. Mr. Kranich is the President of Kranich’s Jewelers, which operates four stores in Altoona, Johnstown, and State College, Pennsylvania. Mr. Miller is the President of Miller Brothers Auto Sales, Inc. and Mor Car Rentals, Mill Hall, Pennsylvania.
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.