Jersey Shore State Bank Announces Promotions

WILLIAMSPORT, Pa., April 18, 2014 (GLOBE NEWSWIRE) -- Richard A. Grafmyre, CFP® President & CEO of Penns Woods Bancorp, Inc. (Nasdaq:PWOD), holding company for Jersey Shore State Bank announced the promotions of two key employees. Tammy Gunsallus was promoted to the position of Chief Retail Lending Officer, and Stephanie Oakes was named the Company's Chief Deposit Officer.

In addition to her duties as the Chief Retail Lending Officer, Tammy Gunsallus is the JSSB Central Region President. With over 31 years of banking experience, she is an active volunteer in the Lycoming County area. Gunsallus is a member of the Boards of the Jersey Shore Chamber and the Jersey Shore YMCA. She is a Committee Member of the Jersey Shore Source Water Committee and the Rivertown Revitalization Team of Jersey Shore, as well as a Board Member and Secretary of the CHAD Gardens. She also volunteers with the Lycoming United Way as the Jersey Shore Business Chairman and Funds Distribution Committee Member and is the Treasurer for both the Mt. Zion United Methodist Church and the Jersey Shore Public Library Endowment Committee.

Gunsallus is a graduate of the Pennsylvania Banker's Association's School (PBA) of Banking, the PBA Advanced School of Banking and the PBA Commercial Lending School.

Stephanie A. Oakes was promoted to Chief Deposit Officer for the company. In her new position she is responsible for deposit growth by focusing on deposit products; working with business lines to set deposit goals; creating deposit initiatives; establishing a review process for existing business loans to evaluate commercial and personal deposit opportunities. Her new role is in addition to her position as Vice President/ Commercial Services Manager.

Oakes is a graduate of Jersey Shore Area High School and holds a Business Administration degree from Penn State University. She is also a graduate of the PBA School of Banking and Advanced School of Banking, the Association of Financial Professionals Cash Management Fundamentals School, and the Williamsport/Lycoming Chamber of Commerce Leadership Lycoming Program. She also holds certificates from Penn State University in Small Business Management, Business Management, Advanced Business Management, Supervisory Essentials I, II, and III.

Active in the community, she acts as a Volunteer Leadership Council member for the Lycoming County Chapter of the American Cancer Society. She is also a Funds Distribution Panel Member for the Lycoming County United Way.

Penns Woods Bancorp, Inc. is the $1.2 billion parent company of Luzerne Bank and Jersey Shore State Bank. Luzerne Bank operates eight branch offices providing financial services in Luzerne County. Jersey Shore State Bank operates thirteen branch offices providing financial services in Lycoming, Clinton, Centre, and Montour Counties. Investment and insurance products are offered through Jersey Shore State Bank's subsidiary, The M-Group D/B/A The Comprehensive Financial Group.

CONTACT: Lori Strimple 570.320.2056 lori.strimple@jssb.comSource:Penns Woods Bancorp, Inc.