LINKBANCORP, Inc. Announces Appointment of Board of Directors
September 20, 2021 at 08:13 am EDT
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On September 17, 2021, LINKBANCORP, Inc. (LINK), completed its previously announced acquisition of GNB Financial Services, Inc. (GNB), effective as of September 18, 2021, pursuant to an Agreement and Plan of Merger, dated as of December 10, 2020 (the Merger Agreement), by and between LINK, LINKBANK, GNB and The Gratz. In connection with and effective upon completion of the Merger, and in accordance with the terms of the Merger Agreement, the Board of Directors of LINK appointed Timothy J. Allison, William L. Jones, Samuel K. Kauffman, David H. Koppenhaver, Joseph C. Michetti, Jr., Kristen Snyder, Steven I. Tressler and Wesley M. Weymers (the New Directors) to the Board. The New Directors will each hold office until LINK's 2022 annual meeting of shareholders and will be nominated by the Board to stand for re-election at LINK's next three annual meetings of shareholders.
LINKBANCORP, Inc. is a bank holding company, which operates LINKBANK (the Bank). LINKBANK is a Pennsylvania-chartered, non-Federal Reserve member bank. The Bank is a full-service commercial bank providing personal and business lending and deposit services to individuals, families, nonprofits, and business clients throughout Central and Southeastern Pennsylvania, primarily through its digital presence on the Internet and ten client solutions centers in Chester, Cumberland, Dauphin, Lancaster, Northumberland, and Schuylkill counties, and loan production offices in Chester and York Counties. It provides traditional lending, deposit gathering and cash services to retail customers, small businesses, and non-profit organizations. Its lending activity consists of commercial real estate loans, commercial business loans and to a lesser extent, commercial real estate construction and land development loans, residential real estate loans, home equity loans, consumer loans and agriculture loans.