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Norwood Financial Corp. (NWFL)At 10:16AM ET: 25.80  Down 0.09 (0.35%)  
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Norwood Financial Corp.
717 Main Street
Honesdale, PA 18431
United States - Map
Phone: 570-253-1455
Fax: 570-253-3725
Web Site: http://www.waynebank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:118

BUSINESS SUMMARY 
Norwood Financial Corp. operates as the holding company for Wayne Bank, which provides commercial banking products and services in Pennsylvania. Its deposit products include interest-bearing and non-interest bearing transaction accounts, statement savings, and money market accounts, as well as certificates of deposit. The company also provides mortgage loans to finance principal residences, as well as for second home dwellings; commercial loans and mortgages, such as lines of credit, revolving credit, term loans, mortgages, various forms of secured lending, and letter of credit facilities; lending for commercial construction projects and single-family residences; and indirect dealer financing of new and used automobiles, boats, and recreational vehicles through a network of dealers in northeast Pennsylvania. In addition, it offers Internet banking, cash management, direct deposit, remote deposit capture, trust and investment products, real estate settlement, and automated clearing house services. The company serves consumers, businesses, nonprofit organizations, and municipalities in the Pennsylvania counties of Wayne, Pike, Monroe, Lackawanna, and Susquehanna. As of April 23, 2009, it operated 11 offices in Wayne, Pike, and Monroe Counties, Pennsylvania. As of December 31, 2008, the company operated 12 automated teller machines. Norwood Financial Corp. was founded in 1870 and is headquartered in Honesdale, Pennsylvania.
Key Statistics

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    CORPORATE GOVERNANCE 
    Norwood Financial Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 9.3% of Russell 3000 companies and 17% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. William W. Davis Jr., 64
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Wayne Bank, Pres of Wayne Bank of Wayne Bank
    $ 321.00K $ 176.00K
    Mr. Lewis J. Critelli , 49
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Sec., Treasurer, Director, Chief Financial Officer of Wayne Bank, Exec. VP of Wayne Bank, Sec. of Wayne Bank of Wayne Bank
    $ 209.00K $ 70.00K
    Mr. Edward C. Kasper , 61
    Sr. VP, Sr. VP of Wayne Bank, Sr. Loan Officer of Wayne Bank and Head of Corp. Banking of Wayne Bank
    $ 153.00K $ 97.00K
    Mr. John H. Sanders , 51
    Sr. VP and Sr. VP of Retail Bank - Wayne Bank
    $ 124.00K $ 0
    Mr. Joseph A. Kneller , 62
    Sr. VP and Sr. VP of Information Systems - Wayne Bank
    $ 117.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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