CB Financial Services announces Ralph Burchianti to its Board of Directors

– USA, PA – CB Financial Services, Inc. (NASDAQ:CBFV), the holding company of Community Bank and Exchange Underwriters, Inc., a wholly-owned insurance subsidiary of Community Bank, today announced that Pat McCune notified the Company’s and Community Bank’s Boards of Directors of his decision to retire from the Boards of Directors effective January 1, 2019. Based on Mr. McCune’s combined years of service to the Company and Community Bank along with his institutional knowledge of the organization, and to provide for his continued affiliation with the Company so as to be available to render services to the Company as requested by the Company, the Company’s Board of Directors has appointed Mr. McCune as an Emeritus Director.

At the unanimous recommendation of the Nominating/Corporate Governance Committee, the Company and Community Bank have appointed Ralph Burchianti to their Boards of Directors to fill the vacancy. Mr. Burchianti’s board appointment will become effective January 1, 2019, and he will serve in the Company’s class of directors with terms expiring in 2021.

Pat O’Brien, President and Chief Executive Officer of CB Financial and Community Bank, commented, “The Company and Community Bank Board of Directors wish Pat McCune well in his retirement. We also appreciate his years of service and willingness to continue serving as Emeritus Director. To have his expertise and knowledge at the Company’s request is invaluable. In the same sentiment, Ralph Burchianti’s appointment to the Board of Directors is another great achievement in his long tenured career at Community Bank. Mr. Burchianti has been with Community Bank since 1985 and has created a high quality credit culture that has permitted us to grow our loan portfolio to approximately $900 million in a safe and profitable manner. I am excited that Ralph Burchianti will now be a part of our Board of Directors.”

About CB Financial Services, Inc.

CB Financial Services, Inc. is the bank holding company for Community Bank, a Pennsylvania-chartered commercial bank. Community Bank operates sixteen offices in Greene, Allegheny, Washington, Fayette, and Westmoreland Counties in southwestern Pennsylvania, seven offices in Brooke, Marshall, Ohio, Upshur and Wetzel Counties in West Virginia, and one office in Belmont County in Ohio. 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 : https://www.communitybank.tv

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