Exhibit 99


Friday, September 09, 2005

Company Press Release

Source:  Penseco Financial Services Corporation

Penseco Financial  Services  Corporation  Elects  Non-Executive  Chairman of the
Board

SCRANTON, PA, September 9 -- Otto P. Robinson, Jr., President and CEO of Penseco
Financial  Services  Corporation (the "Company"),  has announced that D. William
Hume was elected non-executive Chairman of the Board of Directors of the Company
and its wholly-owned subsidiary,  Penn Security Bank & Trust Company,  Scranton,
Pennsylvania.  Mr.  Hume,  who has been a member of the Board since 1991 retired
from the Bank in 1999 after 19 years of service including the position of Senior
Vice-President  and Executive  Vice-President  and Cashier.  He has more that 50
years experience in the banking industry.

Mr.  Hume is a graduate  of the  Stonier  Graduate  School of Banking at Rutgers
University,  has  been  an  instructor  at  Penn  State  -  Worthington  and the
University of Scranton and has written articles and conducted  seminars for both
the Pennsylvania  Bankers Association and the American Bankers  Association.  He
presently  is a member of the Board of  Directors  of Covenant  Health  Systems,
Lexington,  Massachusetts and the Board of Directors of St. Mary's Villa Nursing
Home where he serves as  Treasurer  and Chairman of the Finance  Committee.  Mr.
Hume and his wife Lucille reside in Clarks Summit, PA and are the parents of six
children and have seventeen grandchildren.