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Norwood Financial Corp reports recurring developments for its role as the bank holding company for Wayne Bank. Company news centers on operating and financial results, net interest income and margin trends, loan and deposit growth, cash dividends, and updates tied to its community banking franchise in Northeastern Pennsylvania and the Southern Tier of New York.
Recent corporate updates also include the completed acquisition of PB Bankshares and the merger of Presence Bank into Wayne Bank, along with integration items such as systems conversion. Norwood’s news flow reflects a regional bank model built around personal and business credit services, trust and investment products, real estate settlement services, and branch-based banking operations.
Norwood Financial Corp (NASDAQ: NWFL) announced the appointment of John M. McCaffery as Executive Vice President and Chief Financial Officer, effective June 24, 2024. McCaffery brings over 30 years of leadership experience, most recently serving as SVP and Treasurer at Metropolitan Commercial Bank. He has a strong background in capital raising, M&A, regulatory compliance, and team development. Current CFO William S. Lance will transition to Chief Strategic Officer until his retirement on August 2, 2024. Norwood Financial Corp operates 30 offices across Pennsylvania and New York.
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