Citizens & Northern Corporation (CZNC)

21.60 +0.48 (+2.27%) At close: 04:00PM EDT

Citizens & Northern Corporation

90-92 Main Street
PO Box 58
Wellsboro, PA 16901
United States
570 724 3411
https://www.cnbankpa.com

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 415

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. J. Bradley Scovill	Pres, CEO & Director	895.44k	N/A	1959
Mr. Mark A. Hughes	Treasurer	461.07k	N/A	1962
Ms. Kelley A. Cwiklinski	Sr. VP & Director of Commercial Lending	N/A	N/A	N/A
Mr. Philip Prough C.F.P., CIMA	Sr. VP & Chief Investment Strategist	N/A	N/A	N/A
Mr. Patrick F. Donnelly	Chairman of Canisteo Valley Corp, CEO of Canisteo Valley Corp and Pres of Canisteo Valley Corp	N/A	N/A	N/A

Amounts are as of December 31, 2021 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. Currency in USD.

Description

Citizens & Northern Corporation operates as the bank holding company for Citizens & Northern Bank that provides a range of banking and mortgage services to individual and corporate customers. The company offers lending products include commercial, mortgage, and consumer loans, as well as specialized instruments, such as commercial letters-of-credit; and deposit products, including various types of checking accounts, passbook and statement savings accounts, money market accounts, interest checking accounts, individual retirement accounts, and certificates of deposits. It also offers wealth management services, including administration of trusts and estates, retirement plans, and other employee benefit plans, and investment management services; and a range of personal and commercial insurance products; mutual funds, annuities, educational savings accounts, and other investment products through registered agents. In addition, the company reinsures credit and mortgage, life and accident, and health insurance products. As of December 31, 2021, it had 31 branch offices, including 23 in the Northern tier/Northcentral region of Pennsylvania, 2 in the Southern tier of New York State, 4 in Southeastern Pennsylvania, and 2 in Southcentral Pennsylvania, as well as a lending office in Elmira, New York. The company was founded in 1864 and is based in Wellsboro, Pennsylvania.

Corporate Governance

Citizens & Northern Corporation’s ISS Governance QualityScore as of February 1, 2023 is 3. The pillar scores are Audit: 4; Board: 2; Shareholder Rights: 5; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.