CODORUS VALLEY BANCORP, INC. (NASDAQ:CVLY) Files An 8-K Other EventsItem 8.01. Other Events
As announced in the attached press release, on February 13, 2018, the Board of Directors of Codorus Valley Bancorp, Inc. (the “Corporation”) approved the formation of a charitable foundation to be known as the PeoplesBank Charitable Foundation. The Corporation Board also approved initial funding for the Foundation in the amount of $500,000. A copy of the press release is attached as Exhibit 99.1 and is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
CODORUS VALLEY BANCORP INC ExhibitEX-99.1 2 codorus180397_ex99-1.htm FOR IMMEDIATE RELEASE Exhibit 99.1 FOR IMMEDIATE RELEASE Friday,…To view the full exhibit click here
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.