LUZERNE, Pa., Sept. 20, 2013 (GLOBE NEWSWIRE) — Joseph E. Kluger,
Chairman of the Board for Luzerne Bank, and Richard A. Grafmyre,
President and Chief Executive Officer of Penns Woods Bancorp, Inc.
(Nasdaq:PWOD), are pleased to announce the appointment of Robert J.
Glunk to the position of President at Luzerne Bank. The appointment
will be effective on October 1, 2013.
Glunk will replace Robert C. Snyder, who will be retiring from the
position of President and Chief Executive Officer. Mr. Snyder will
become Special Advisor to the CEO through the end of this year.
Formerly the Senior Vice President/Chief Operating Officer for Jersey
Shore State Bank (a member of the PWOD family), Glunk supervised the
retail branch system, as well as the computer, sales and deposit
operations for the organization.
“The members of the Board of Directors are proud to welcome Rob to
Luzerne Bank,” said Kluger. “He brings a wealth of knowledge and years
of valuable experience in community banking to the position of
President. We are excited to have him on board with Luzerne Bank.”
“Rob has earned his position by demonstrating his leadership skills
especially since being promoted to Senior Vice President at Jersey
Shore State Bank, a ‘sister’ organization to Luzerne Bank,” said
Grafmyre. “Successfully managing a variety of staff and line functions
in his 28 year banking career, Rob has always done what was in the best
interests of the bank, its customers and his colleagues.”
Glunk is a graduate of Lycoming College and the ABA Stonier Graduate
School of Banking. He is currently the President of the Jersey Shore
Hospital Foundation, a Board Member and Finance Committee Member of the
Jersey Shore Hospital, Treasurer of the Jersey Shore Library and member
of the Williamsport Chamber of Commerce Industrial Properties
Corporation.
Penns Woods Bancorp, Inc. is the $1.2 billion parent company of Luzerne
Bank and Jersey Shore State Bank. Luzerne Bank operates eight branch
offices providing financial services in Luzerne and Lackawanna
counties. Jersey Shore State Bank operates thirteen branch offices
providing financial services in Lycoming, Clinton, Centre, and Montour
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.
