Ronald A. Walko, President and Chief Executive Officer of Penns Woods Bancorp, Inc., (Nasdaq:PWOD) has announced that the Company’s Board of Directors declared a first quarter 2010 cash dividend of $0.46 per share.

The dividend is payable March 23, 2010 to shareholders of record March 9, 2010.

Previous press releases and additional information can be obtained from the company’s website at

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