CB Financial Services Extends Executive Leadership Amid Regional Growth
What happened
The top executive of CB Financial Services, which has roots dating back to 1901, will remain in office for at least a few more years. The executive, who has been with the company for six years, joined CB Financial and its retail arm, Community Bank, on August 31, 2020. The company's contract extension was detailed in a recent regulatory filing, setting the executive's tenure to conclude on April 30, 2029.
From wpxi.com
Why it matters
As of the fiscal year ended June 30, 2026, CB Financial was ranked the 14th largest bank in the 10-county metro area by deposit market share, according to FDIC data. The bank reported that deposits in the Pittsburgh region rose 8.2% year-over-year, reaching $1.14 billion. CB Financial's total assets stood at $1.656 billion as of the second quarter.
From wpxi.com
Who's involved
- Community BankRetail arm of CB Financial Services
- PittsburghLocation where the company maintains branches
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The entities involved
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Pittsburgh
city and county seat in Allegheny County, Pennsylvania, United States
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Community Bank
former American commercial bank
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WPXI
NBC television affiliate in Pittsburgh
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Cox Media Group
American media company
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