Pat O'Brien commented, "I am honored and humbled to become the President of CB Financial Services, Inc. and Community Bank and to continue to work with Mr. McCune in building Community Bank. It is an exceptional place to work and an exceptional opportunity for me. I thank the Board for their confidence in me and in the future of Community Bank."About CB Financial Services, Inc CB Financial Services, Inc. is the bank holding company for Community Bank, an $867 million Pennsylvania-chartered commercial bank. Community Bank operates 16 offices in Greene, Allegheny, Washington, Fayette, and Westmoreland Counties in southwestern Pennsylvania. Community Bank offers a broad array of retail and commercial lending and deposit services and provides commercial and personal insurance brokerage services through Exchange Underwriters, Inc., its wholly owned subsidiary. For more information about CB Financial and Community Bank, visit our website at www.communitybank.tv. Statements contained in this press release that are not historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to significant risks and uncertainties. The Company intends such forward-looking statements to be covered by the safe harbor provisions contained in the Act. The Company's ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse effect on the operations and future prospects of the Company and its subsidiaries include, but are not limited to, changes in market interest rates, general economic conditions, changes in federal and state regulation, actions by our competitors, loan delinquency rates, our ability to control costs and expenses, and other factors that may be described in the Company's periodic reports as filed with the Securities and Exchange Commission. These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. The Company assumes no obligation to update any forward-looking statements except as may be required by applicable law or regulation.
Contact:Barron P. McCune, Jr.Vice Chairman and Chief Executive OfficerPhone: (724) 225-2400Fax: (724) 225-4903