EXHIBIT 21

                           CNB FINANCIAL CORPORATION

                Form 10-K For The Year Ended December 31, 1998

                        Subsidiaries of the Registrant

                                                   Jurisdiction of Incorporation
          Name                                             or Organization
          ----                                     -----------------------------
                                         
County National Bank                               National Banking Association
                                                   Incorporated in Pennsylvania
                                         
CNB Investment Corporation                         Investment Holding Company
                                                   Incorporated in Delaware