Exhibit 99.1
Contact: Yvonne Gill | |
April 18, 2012 | 570-724-0247 |
yvonneg@cnbankpa.com |
CITIZENS & NORTHERN CORPORATION DECLARES DIVIDEND
FOR IMMEDIATE RELEASE
WELLSBORO, PA -Directors of Citizens & Northern Corporation, parent company ofCitizens & Northern Bank, have declared a regular quarterly cash dividend of $0.20 per share. The record date is May 1, 2012 and it is payable on May 14, 2012 to shareholders of record. The amount is increased from the previous dividend of $0.18 per share, which was paid in February, 2012, and is the ninth consecutive quarterly increase in the dividend.
Declaration of the dividend was made at the April 17, 2012 meeting of the C&N Board of Directors.
Citizens & Northern Corporation is the parent company of Citizens & Northern Bank. Citizens & Northern Bank is a local, independent community bank providing complete financial, investment and insurance services through 26 full service offices throughout Bradford, Cameron, Lycoming, Potter, McKean, Steuben, Sullivan and Tioga Counties. C&N can be found on the worldwide web atwww.cnbankpa.com. The Corporation’s stock is listed on NASDAQ Capital Market Securities under the symbol CZNC.