EXHIBIT 99.1
Codorus Valley Bancorp, Inc.
Declares Quarterly Cash Dividend
and 5% Stock Dividend
FOR IMMEDIATE RELEASE --York, Pennsylvania – October 9, 2013
On October 8, 2013, the Board of Directors of Codorus Valley Bancorp, Inc. (Nasdaq: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, declared a regular quarterly cash dividend of $0.12 per common share, payable on November 12, 2013, to shareholders of record at the close of business on October 22, 2013. Including the dividend that was just declared, cash dividends for 2013 will total $0.46 per share, representing an increase of $0.06 or 15 percent above 2012. Also on October 8, 2013, a 5% common stock dividend was declared, payable on December 10, 2013, to shareholders of record at the close of business on October 22, 2013.
Codorus Valley Bancorp, Inc. is the largest independent financial services holding company headquartered in York, Pennsylvania. Codorus Valley primarily operates through its financial services subsidiary, PeoplesBank, a Codorus Valley Company, comprised currently of twenty financial centers located throughout York County, Pennsylvania and in Hunt Valley, Bel Air and Westminster, Maryland. In addition to a full range of business and consumer banking services, the company also offers mortgage banking, wealth management, and real estate settlement services. Additional information is available on the bank’s website atwww.peoplesbanknet.com.
Questions or comments concerning this Press Release should be directed to:
Larry J. Miller
Vice-Chairman, President, and CEO
Codorus Valley Bancorp, Inc.
717-747-1500
888-846-1970
lmiller@peoplesbanknet.com
