Upcoming system maintenance... On August 19, the JSSB website will be unavailable for a short period of time starting at 1:00 am.


January 22, 2014

JSSB Employees Invited to Testify in Front of Pennsylvania House Democratic Policy Committee

Williamsport, PA - January 22, 2014

Aron Carter, Senior Vice President/Enterprise Risk Management and John Frey, Vice President/Chief Compliance Officer for Jersey Shore State Bank, have been invited by Representative Richard Mirabito to testify on the impact of the Biggert-Waters Act in front of the Pennsylvania House Democratic Policy Committee in Harrisburg on January 27th

 

The Public Hearing scheduled for 11:00am at the Main Capital Building will cover the flood insurance crisis caused by the Biggert-Waters Flood Insurance Reform Act of 2012.  The law will phase out many existing insurance subsidies and discounts as well as cause flood insurance rates on many properties to increase to levels that will be unaffordable to many people.   

 

          JSSB has been active in educating their employees and customer base on the impacts of the law and encouraging customers to contact their representatives to discuss how the law affects their ability to remain in their homes.  According to Carter, "we have seen how this law directly affects our customers; most of them cannot afford the increase to the flood insurance premium.  If permanent changes are not made to this law, the impact on our communities could be devastating to not only the people who may lose their homes but also to our local economy.'' 

 

 

About Penns Woods Bancorp, Inc.

Penns Woods Bancorp, Inc. is the $1.2 billion parent company of Luzerne Bank and Jersey Shore State Bank.  Luzerne Bank operates eight branch offices providing financial services in Luzerne and Lackawanna counties.  Jersey Shore State Bank operates thirteen branch offices providing financial services in Lycoming, Clinton, Centre, and Montour Counties.  Investment and insurance products are offered through Jersey Shore State Bank's subsidiary, The M Group, Inc. D/B/A The Comprehensive Financial Group.


View All

Related News

 

Penns Woods Bancorp, Inc. Announces Fourth Quarter 2014 Dividend

November 25, 2014
2014

Richard A. Grafmyre CFP®, President and Chief Executive Officer of Penns Woods Bancorp, Inc., (NASDAQ:PWOD) has announced that the Company's Board of Directors declared a fourth quarter 2014 cash dividend of $0.47 per share.

Read More
 

Penns Woods Bancorp, Inc. Reports Third Quarter 2014 Operating Earnings

August 20, 2014
2014

Penns Woods Bancorp, Inc. continued its solid earnings and growth during the recently completed third quarter of 2014, achieving net income of $11,725,000 for the nine months ended September 30, 2014 resulting in basic and dilutive earnings per share of $2.43.

Read More
 

Penns Woods Bancorp, Inc. Reports Second Quarter 2014 Operating Earnings

July 21, 2014
2014

Penns Woods Bancorp, Inc. continued its solid earnings and growth during the recently completed second quarter of 2014, achieving net income of $6,932,000 for the six months ended June 30, 2014 resulting in basic and dilutive earnings per share of $1.44.

Read More