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Citizens Financial Services, Inc. Announces Completion of Merger with HV Bancorp, Inc.

06/16/2023 | CZFS

Mansfield, PA - June 16, 2023 - Citizens Financial Services, Inc. (NASDAQ: CZFS) (the "Company": or "CZFS"), the holding company for First Citizens Community Bank (FCCB), completed its merger with HV Bancorp, Inc. (NASDAQ: HVBC) and FCCB completed its merger with HVBCs subsidiary bank, Huntingdon Valley Bank (HVB). Under the terms of the merger agreement, HVBC merged with and into CZFS with CZFS as the surviving corporation and HVB merged with and into FCCB with FCCB as the surviving institution.

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Citizens Financial Services, Inc. Announces Preliminary Results of Merger Consideration Elections Regarding Pending HV Bancorp, Inc. Merger

06/13/2023 | CZFS

Mansfield and Doylestown, Pa., June 13, 2023 (PRNewswire) -- Citizens Financial Services, Inc. (NASDAQ: CZFS) (CZFS) announced today the preliminary results of the elections regarding the merger consideration to be received by stockholders of HV Bancorp, Inc. (NASDAQ: HVBC) (HVBC) in HVBCs pending merger with CZFS. CZFS and HVBC anticipate closing the transaction on June 16, 2023, subject to the satisfaction of customary closing conditions.

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Exchange Ratio Finalized for Citizens Financial Services, Inc. Pending HV Bancorp, Inc. Merger

06/09/2023 | CZFS

Mansfield, Pa., June 9, 2023 (PRNewswire) -- Citizens Financial Services, Inc. (NASDAQ: CZFS) (CZFS) announced today that the exchange ratio for the pending merger HV Bancorp, Inc. (HVBC) with and into CZFS has been finalized at 0.4040 shares of CZFS stock for each share of HVBC stock. The original exchange ratio has been adjusted from 0.4000 shares of CZFS stock for each share of HVBC stock to 0.4040 shares of CZFS stock for each share of HVBC stock to reflect the 1% stock dividend declared on May 30, 2023 by CZFS and payable on June 30, 2023.

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Citizens Financial Services, Inc. Declares Quarterly Cash Dividend and a 1% Stock Dividend

05/31/2023 | CZFS

Mansfield, Pennsylvania (May 2023) The Board of Directors of Citizens Financial Services, Inc. (Nasdaq: CZFS), the bank holding company for First Citizens Community Bank (FCCB), recently declared a cash and stock dividend for its shareholders.

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Citizens Financial Services, Inc. Declares Quarterly Cash Dividend

| CZFS

The Board of Directors of Citizens Financial Services, Inc. (Nasdaq: CZFS), the bank holding company for First Citizens Community Bank (FCCB), recently declared a cash dividend for its shareholders.

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