and 13 years later he became Chairman of the Board, President and Chief Executive Officer. When the Third was acquired by CoreStates he was offered a position with them and stayed for two years. He then was approached in 1996 by Directors of Wayne Bank to become President and CEO. It was a perfect fit. He truly enjoyed working with his successor, Lew Critelli who has his ultimate admiration and respect. He retired from executive management on December 31, 2009 and remained on the Board of Directors, ultimately becoming Chairman of the Board. Upon his retirement from the Board he will be named Director Emeritus.
Bill said, “It’s been a wonderful, exciting career. But I would be remiss if I didn’t thank all the Directors I worked under, all the great employees I had the privilege of working with and most importantly, all the customers who supported all the Banks with which I have been associated!”
Norwood Financial Corp is the parent company of Wayne Bank, which operates from fourteen offices throughout Northeastern Pennsylvania and sixteen offices in Delaware, Sullivan, Ontario, Otsego and Yates Counties, New York. The Company’s stock trades on the Nasdaq Global Market under the symbol “NWFL”.
Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 contains safe harbor provisions regarding forward-looking statements. When used in this discussion, the words “believes”, “anticipates”, “contemplates”, “expects”, and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, which could cause actual results to differ materially from those projected. Those risks and uncertainties include changes in federal and state laws, changes in interest rates, the risks and uncertainty posed by, and the effect and impact of, the COVID-19 pandemic on the economy and the Company’s
