JSSB Announces Promotion

WILLIAMSPORT, Pa., May 12, 2015 (GLOBE NEWSWIRE) -- Richard A. Grafmyre, CFP® President & CEO of Jersey Shore State Bank, recently announced that Brian Knepp, CPA has been named the CEO of the M Group, Inc. D/B/A as The Comprehensive Financial Group (CFG). The Comprehensive Financial Group, a subsidiary of Jersey Shore State Bank, offers a full range of investment and insurance products in the local JSSB offices as well as the CFG office at 705 Washington Boulevard.

With over 17 years of bank accounting experience Knepp will oversee the operation of The M Group as well as continue in his current position as Senior Vice President/CFO for Penns Woods Bancorp, Inc (PWOD). As CFO he is responsible for the company’s financial and accounting functions, SEC filings and tax planning. He also administers the bank’s asset/liability position and the company’s investment portfolio. He holds his CPA certification and graduated from Susquehanna University with a Bachelor of Science degree in accounting. Dedicated to accounting education, he is a member of the Pennsylvania Institute of Certified Public Accountants, the American Institute of Certified Public Accountants, and the Financial Manager’s Society.

According to Grafmyre, “Brian brings the experience and knowledge that will strategically move The M Group to the next level. We are excited about what the future holds in this business line.”

About Penns Woods Bancorp, Inc.

Penns Woods Bancorp, Inc. (PWOD) is the bank holding company for Jersey Shore State Bank and Luzerne Bank. The banks serve customers in North Central and North Eastern Pennsylvania through their retail banking, commercial banking, mortgage services and financial services divisions. Penns Woods Bancorp, Inc. stock is listed on the NASDAQ National Market under the symbol PWOD.

Lori Strimple Jersey Shore State Bank (570) 320-2056 lori.strimple@jssb.com

Source:Penns Woods Bancorp, Inc.