CNB Financial Corporation Declares Latest Quarterly Dividend
CNB Financial Corporation's Quarterly Dividend Announcement
Recently, CNB Financial Corporation has made an important announcement that will delight its shareholders. The Board of Directors declared a quarterly cash dividend of $0.18 per share for its common stock. This dividend is set to be payable on June 13 to shareholders who are on record as of May 30.
Understanding CNB Financial Corporation
CNB Financial Corporation operates as a financial holding company, boasting consolidated assets that are valued at approximately $6.3 billion. The corporation primarily conducts its business through its main subsidiary, CNB Bank. Known for its reputable full-service banking capabilities, CNB Bank provides a wide range of banking solutions including trust and wealth management services catered to individuals, businesses, governmental entities, and institutions.
A Closer Look at CNB Bank
CNB Bank has established itself as a multifaceted financial institution. It encompasses a private banking division, one loan production office, a drive-up office, a mobile office, and an impressive network of 55 full-service offices across several states. These include Pennsylvania, Ohio, New York, and Virginia, showcasing its extensive reach in providing quality banking services.
The Diverse Divisions of CNB Bank
Headquartered in Clearfield, Pennsylvania, CNB Bank functions as the parent entity for various divisions aimed at diverse market segments. This includes ERIEBANK, located in Erie, Pennsylvania, which serves regions in Northwest Pennsylvania and Northeast Ohio. Additionally, FCBank operates in Central Ohio, BankOnBuffalo is positioned in Western New York, and Ridge View Bank focuses on the Southwest Virginia area.
Innovative Banking Solutions for Women
Adding to its diverse offerings, CNB Bank also features Impressia Bank, a division specifically catering to banking needs and opportunities for women. This initiative underscores the bank's commitment to inclusivity and addressing the distinct financial needs of women within its primary market areas.
Community Engagement and Growth
CNB Financial Corporation continues to engage actively with its communities. Through its extensive range of services and commitment to customer satisfaction, they have positioned themselves as a trusted partner for banking and financial needs. Their ongoing engagement strategies revolve around understanding community needs and developing innovative solutions to meet those demands.
Frequently Asked Questions
What is the quarterly dividend amount declared by CNB Financial Corporation?
CNB Financial Corporation declared a quarterly cash dividend of $0.18 per share of common stock.
When will the dividend be paid?
The dividend will be payable on June 13 to shareholders of record as of May 30.
What services does CNB Bank offer?
CNB Bank provides a full range of banking services, including trust and wealth management, private banking, and comprehensive business banking solutions.
How many locations does CNB Bank operate?
CNB Bank operates 55 full-service offices across several states, including Pennsylvania, Ohio, New York, and Virginia.
What is Impressia Bank?
Impressia Bank is a division of CNB Bank that focuses on providing banking opportunities specifically tailored to women.
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