CVLY Codorus Valley Bancorp Inc.

Codorus Valley Bancorp, Inc. and PeoplesBank, A Codorus Valley Company, Announce Resignation of Director of the Board

Codorus Valley Bancorp, Inc. and PeoplesBank, A Codorus Valley Company, Announce Resignation of Director of the Board

YORK, Pa., July 12, 2023 (GLOBE NEWSWIRE) -- Codorus Valley Bancorp, Inc. and PeoplesBank, A Codorus Valley Company, a subsidiary of Codorus Valley Bancorp, Inc. (NASDAQ: CVLY), today announce the resignation of Cynthia A. Dotzel, a valued member of the Board of Directors. The resignation, effective July 11, 2023, was tendered and accepted under good terms. The Board of Directors also conferred the title of Director Emeritus to Ms. Dotzel.

During Ms. Dotzel's 12-year tenure with Codorus Valley Bancorp, she has played an instrumental role in shaping the company's strategic direction and contributing to its remarkable growth. She has served in various capacities, including very recently as Board Chair, and as a member of the Executive Committee, the Corporate Governance and Nominating Committee, and the Compensation Committee. Ms. Dotzel recently stepped down as Board Chair in May 2023. Ms. Dotzel’s dedication, expertise, and unwavering commitment to excellence have significantly influenced the success and prosperity of Codorus Valley Bancorp and PeoplesBank.

"We are grateful to Cindy for her outstanding contributions to PeoplesBank," said J. Rodney Messick, Board Chair at Codorus Valley Bancorp. "Her leadership, vision, and deep industry knowledge have been invaluable to the company's achievements. The board and bank extend our heartfelt gratitude for her remarkable service."

"I have been privileged to work with Cindy and witness the remarkable impact she has had on the organization," said Craig L. Kauffman, PeoplesBank’s President and CEO. "It has been a true honor to work alongside her.”

For media inquiries or further information, please contact:

John Moss

Director of Marketing

717-747-1520

ABOUT PEOPLESBANK, A CODORUS VALLEY COMPANY

With assets of over $2 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. For more information, visit . (NASDAQ: CVLY)

ABOUT CODORUS VALLEY BANCORP, INC.

Codorus Valley Bancorp, Inc. is the largest independent financial services holding company headquartered in York, Pennsylvania. Codorus Valley primarily operates through its financial services subsidiary, PeoplesBank, A Codorus Valley Company. 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. Additional information can be found on PeoplesBank’s website at Codorus Valley Bancorp, Inc.’s Common Stock is listed on the NASDAQ Global Market under the symbol CVLY.



EN
12/07/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Codorus Valley Bancorp Inc.

 PRESS RELEASE

Orrstown Financial Services, Inc. and Codorus Valley Bancorp, Inc. Ann...

Orrstown Financial Services, Inc. and Codorus Valley Bancorp, Inc. Announce Receipt of Regulatory Approvals for Merger of Equals SHIPPENSBURG, Pa. and YORK, Pa., June 17, 2024 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (“Orrstown”) (NASDAQ: ORRF), the parent company of Orrstown Bank, and Codorus Valley Bancorp, Inc. (“Codorus Valley”) (NASDAQ: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, today announced that they have received the requisite regulatory approvals and waivers from the Board of Governors of the Federal Reserve System and the Pennsylvania Depa...

 PRESS RELEASE

Orrstown Financial Services, Inc. and Codorus Valley Bancorp, Inc. Ann...

Orrstown Financial Services, Inc. and Codorus Valley Bancorp, Inc. Announce Receipt of Shareholder Approvals for Merger of Equals SHIPPENSBURG, Pa. and YORK, Pa., May 30, 2024 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (“Orrstown”) (NASDAQ: ORRF), the parent company of Orrstown Bank, and Codorus Valley Bancorp, Inc. (“Codorus Valley”) (NASDAQ: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, today announced that they each received shareholder approval for the previously announced merger of equals. At a special meeting of shareholders held on May 30, 2024, Cod...

 PRESS RELEASE

Codorus Valley Bancorp, Inc. Reports First Quarter 2024 Results

Codorus Valley Bancorp, Inc. Reports First Quarter 2024 Results First quarter net income of $4.3 million compared to net income of $7.0 million in the quarter ended March 31, 2023, and $5.5 million in the quarter ended December 31, 2023;Net interest margin of 3.34% for the quarter ended March 31, 2024, a 66-basis point decrease from the net interest margin of 4.00% for the quarter ended March 31, 2023;Tier 1 leverage capital ratio of 10.80% for the quarter ending March 31, 2024, a 60-basis point increase from the tier 1 leverage capital ratio of 10.20% for the quarter ending March 31, 2023;...

 PRESS RELEASE

Codorus Valley Bancorp, Inc. Declares Quarterly Cash Dividend

Codorus Valley Bancorp, Inc. Declares Quarterly Cash Dividend YORK, Pa., April 10, 2024 (GLOBE NEWSWIRE) -- On April 9, 2024, the Board of Directors of Codorus Valley Bancorp, Inc. (the “Corporation”) (Nasdaq: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, declared a regular quarterly cash dividend of $0.17 per common share, payable on May 14, 2024, to shareholders of record at the close of business on May 7, 2024.   With assets of over $2 billion, PeoplesBank, A Codorus Valley Company, is a wholly owned subsidiary of Codorus Valley Bancorp, Inc., the largest indepen...

 PRESS RELEASE

Codorus Valley Bancorp, Inc. Reports Fourth Quarter 2023 Results and R...

Codorus Valley Bancorp, Inc. Reports Fourth Quarter 2023 Results and Record Earnings for the Year Fourth quarter net income of $5.5 million compared to net income of $7.9 million in the quarter ended December 31, 2022, and $5.9 million in the quarter ended September 30, 2023;Net income of $25.0 million for the year ended December 31, 2023, compared to net income of $20.1 million for the year ended December 31, 2022;Net interest margin of 3.76% for the year ended December 31, 2023, a 37-basis point increase from the net interest margin of 3.39% for the year ended December 31, 2022;Year-to-da...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch