Penns Woods Bancorp, Inc. Announces Executive Changes
November 01, 2017 at 12:53 pm EDT
Share
On October 30, 2017, Penns Woods Bancorp, Inc. (the Corporation) appointed Brian L. Knepp as President of the Corporation. Richard A. Grafmyre, currently serving as President and Chief Executive Officer of the Corporation, will continue to serve as Chief Executive Officer of the Corporation. Mr. Knepp will continue to serve as Chief Financial Officer of the Corporation and its banking subsidiaries, Jersey Shore State Bank and Luzerne Bank, and also as President of the Corporation's investment and insurance subsidiary, the M Group, Inc. d/b/a The Comprehensive Financial Group. Mr. Grafmyre will also continue to serve as Chief Executive Officer of Jersey Shore State Bank and Luzerne Bank. Mr. Grafmyre and Mr. Knepp both serve as directors of the Corporation and its banking subsidiaries.
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.
PENNS WOODS BANCORP, INC. 
