CODORUS VALLEY BANCORP, INC. (NASDAQ:CVLY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On June 22, 2017, Benjamin F. Riggs, Jr., Esq., General Counsel
and Secretary of Codorus Valley Bancorp, Inc. (the Corporation)
and of its wholly-owned subsidiary, PeoplesBank, a Codorus Valley
Company (the Bank), resigned as an officer and employee of the
Corporation and Bank.
Mr. Riggs resignation is related to his pursuing other
professional opportunities, and does not involve any disagreement
with the Corporations or Banks management or Board of Directors,
or any matter relating to the Corporations or Banks operations,
policies or practices.
About CODORUS VALLEY BANCORP, INC. (NASDAQ:CVLY)
Codorus Valley Bancorp, Inc. is a bank holding company. The Company provides a range of banking services through its subsidiary, PeoplesBank, A Codorus Valley Company (PeoplesBank). The Company operates through the community banking segment. PeoplesBank is a chartered bank that offers a range of business and consumer banking services. PeoplesBank provides personal banking, mortgage banking, wealth management and real estate settlement services. PeoplesBank operates approximately 20 financial centers located in York and Cumberland Counties in Pennsylvania, and in Baltimore, Harford and Carroll Counties, and Baltimore City in Maryland. The Company’s loan portfolio consists of commercial related loans and consumer related loans. The Company’s deposits include noninterest bearing demand, negotiable order of withdrawal (NOW), money market, savings and time deposits.