Richard A. Grafmyre, President and Chief Executive Officer of Penns Woods Bancorp, Inc., (Nasdaq:PWOD) has announced that the Company’s Board of Directors declared a third quarter 2011 cash dividend of $0.46 per share.

The dividend is payable September 20, 2011 to shareholders of record September 6, 2011.

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

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