Codorus Valley Bancorp, Inc. Announces Appointment of Craig L. Kauffman as Board of Directors
October 11, 2019 at 06:01 pm IST
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On October 8, 2019, the Board of Directors of Codorus Valley Bancorp, the parent company of PeoplesBank, A Codorus Valley Company increased the number of its Class B Directors from two to three members, thereby increasing the size of the company's board of directors to nine members, and appointed Craig L. Kauffman to fill the vacancy created by such increase. Mr. Kauffman's appointment as a Class B Director is effective immediately and his term will expire as of the annual meeting of shareholders date in 2022. Mr. Kauffman is currently employed by the Bank and holds the position of President and Chief Executive Officer and Director. In addition, Mr. Kauffman serves as Executive Vice President and Chief Operating Officer of the company. He has held these positions since August 2018.
Codorus Valley Bancorp, Inc. is a bank holding company. PeoplesBank is its wholly owned bank subsidiary. PeoplesBank is a Pennsylvania chartered bank that 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. In addition to the twenty-two full service financial centers, it has eight financial centers located primarily within retirement communities that provide a full suite of services. PeoplesBank is focused on acquiring and nurturing financial relationships with small and mid-sized businesses. The Company's business is with clients located within South Central Pennsylvania, principally York and Lancaster Counties and North Central Maryland, principally Harford County and Baltimore County. Its subsidiary, Codorus Valley Financial Advisors, Inc. d/b/a PeoplesWealth Advisors, which sells non-deposit investment products.