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LUZERNE, Pa., Jan. 29, 2016 -- Richard A. Grafmyre, President and Chief Executive Officer of Penns Woods Bancorp, Inc. (Nasdaq:PWOD) is pleased to announce the appointment of Robert Edgerton, Jr. to the position of President at Luzerne Bank. The appointment is effective immediately. Grafmyre will remain Chief Executive Officer.
Formerly the Executive Vice President of Luzerne Bank, Edgerton served as the Senior Commercial Lender within the organization.
“The Directors of Luzerne Bank are excited to have Bob lead the organization,” said Grafmyre. “We are confident Bob will meet all challenges with integrity and fairness, as well as common sense; traits he has continually displayed over his long banking career.”
“Our Board believes the appointment of Bob as President will continue to support Luzerne Bank’s commitment to the community,” stated Joseph E. Kluger, Chairman of the Board for Luzerne Bank. “Bob is a native of the market and has been, and continues to be, a market leader civically and professionally. We are confident that Bob’s knowledge of banking and his leadership will be valuable assets to our employees and our customers.”
Starting his career in 1975, Edgerton has extensive experience in Commercial Lending and related business services. A graduate of Wyoming Seminary he holds a BS in Finance from Susquehanna University and an MBA in Accounting from Wilkes University.
Active in the local community Bob serves as President of the Council for the Dallas Borough, Vice President of the Westmoreland Club, Vice Chairman of the Pennsylvania Economy League and a member of the Board of Directors at Penn State University / Wilkes Barre.
Edgerton resides in Dallas with his wife Nancy, and they have four grown children.
Penns Woods Bancorp, Inc. is the $1.3 billion parent company of Luzerne Bank and Jersey Shore State Bank. Luzerne Bank operates eight branch offices providing financial services in Luzerne County. Jersey Shore State Bank operates fifteen branch offices providing financial services in Lycoming, Clinton, Centre, Montour and Union Counties. Investment and insurance products are offered through Jersey Shore State Bank’s subsidiary, The M Group, Inc. D/B/A The Comprehensive Financial Group.
Contact: Michelle M. Karas 570-567-2075 [email protected]
