2014

Commercial Bank & Trust of PA Opens New Asset Management & Trust Division Office In Ligonier

LATROBE, Pa., Oct. 31, 2013 /PRNewswire/ -- Ligonier area residents have a new trust office in which to transact business after Commercial Bank & Trust of PA opened an Asset Management & Trust Division Office next door to their Ligonier Community Banking Office. The Asset Management & Trust Division in Ligonier will be staffed by current members from the Trust Division's main office located in Greensburg, Pennsylvania.

Chris W. Emert, Senior Vice President, Division Manager of the Asset Management & Trust Division noted, "With the opening of this new office, we feel we will better serve our existing clients in the Ligonier area and fill a void created by the exit of larger banks from the Ligonier market."

Mr. Emert further noted, "The professionals in the Asset Management & Trust Division have over two decades of banking/financial services experience. With this extensive experience, two Certified Financial Planners, a Certified Public Accountant, a Certified Specialist in Estate Planning and an Accredited Fiduciary Investment Manager, our staff delivers superlative service. We all plan on being here for years to come and appreciate being able to work for a real community bank that focuses on service to its customers."

In addition to Latrobe, Pennsylvania where it is headquartered, the Company operates ten community banking facilities in Greensburg, Hempfield Township, Ligonier, North Huntingdon, Unity Township and West Newton, Pennsylvania and also maintains a commercial business development sales force throughout its entire market area. The Company operates an asset management and trust division of Commercial Bank & Trust of PA headquartered in Greensburg, Pennsylvania. Commercial Bank & Trust of PA also serves its customer base from an Internet banking site (www.cbthebank.com) and an automated TouchTone Teller banking system.

Safe Harbor Statement

Forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as "may," "will," "to," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," or "continue" or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. These statements are based on information currently available to the Company, and the Company assumes no obligation to update these statements as circumstances change. Investors are cautioned that all forward-looking statements involve risk and uncertainties, including changes in general economic and financial market conditions, unforeseen credit problems, and the Company's ability to execute its business plans.  The actual results of future events could differ materially from those stated in any forward-looking statements herein.

SOURCE Commercial Bank & Trust of PA



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http://www.cbthebank.com

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