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Home > Company Index > Banking > Banking - Northeast > CNB Financial Corp.

CNB Financial Corp.
Nasdaq: CNBF
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 PROFILE
CNB Financial is the bank holding company for Central National Bank, which serves customers from about 30 branches in nine central New York counties. Targeting individuals and local businesses, the bank offers such standard retail products as checking, savings, and money market accounts, as well as CDs. Lending activities consist primarily of business loans and residential mortgages (each account for more than 35% of the loan portfolio); manufactured housing, consumer, commercial real estate, home equity, and construction loans are also available. The company's Central Asset Management subsidiary offers fee-based investment management services to individuals and businesses. NBT Bancorp is buying CNB Financial.

 COMPETITION
Ambanc Holding Co., Inc. (AHCI)
Charter One Financial, Inc. (CF)
KeyCorp (KEY)

 DEALS
Deal: NBT Bancorp and CNB Financial to Merge
Date Announced: 06.19.01
Value of transaction (US $Mil): 140
Description: Central National Bank Financial Corporation will merge into NBT, pending shareholder approval.

 STOCK ANALYSIS
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• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 73.50
1-Yr. Sales Growth: 23.1%
Employees: 337
Revenue per employee: $218,100.89

 KEY PEOPLE
• Donald L. Brass
    CEO
• Peter J. Corso
    CFO

 CONTACT INFO
24 Church St.
Canajoharie, NY 13317
US
Phone: 518-673-3243
Fax: 518-673-5221
Online: Web Site

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