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Codorus Valley Bancorp, Inc. Declares Quarterly Cash Dividend

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YORK, Pa., Jan. 15, 2020 (GLOBE NEWSWIRE) -- On January 14, 2020, the Board of Directors of Codorus Valley Bancorp, Inc. (CVLY), the parent company of PeoplesBank, A Codorus Valley Company, declared a regular quarterly cash dividend of $0.16 per common share, payable on February 11, 2020, to shareholders of record at the close of business on January 28, 2020.

With assets of over $1.8 billion, PeoplesBank, A Codorus Valley Company, is a wholly-owned subsidiary of Codorus Valley Bancorp, Inc., the largest independent financial institution headquartered in York County, Pennsylvania. PeoplesBank offers a full range of consumer, business, wealth management, and mortgage services at financial centers located in communities throughout South Central Pennsylvania and Central Maryland. Codorus Valley Bancorp, Inc.’s Common Stock is listed on the NASDAQ Global Market under the symbol CVLY.

Questions or comments concerning this Press Release should be directed to:

Codorus Valley Bancorp, Inc.

Larry J. Miller, Chairman, President and CEO

Larry D. Pickett, CPA - Treasurer

717-747-1500

717-747-1502

lmiller@peoplesbanknet.com

lpickett@peoplesbanknet.com