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Codorus Valley Bancorp, Inc. Declares Quarterly Cash Dividend and Special Dividend

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YORK, Pa., July 14, 2021 (GLOBE NEWSWIRE) -- On July 13, 2021, 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 $0.11 per common share, payable on August 10, 2021, to shareholders of record at the close of business on July 27, 2021, which is the same as the prior quarter’s regular cash dividend. In addition, the Board declared a special cash dividend of $0.02 per common share, payable on August 10, 2021, to shareholders of record at the close of business on July 27, 2021, which is the same as the prior quarter’s special cash dividend.

With assets of over $2 billion, PeoplesBank, A Codorus Valley Company, is a wholly owned subsidiary of Codorus Valley Bancorp, Inc., the largest independent financial institution headquartered in York County, Pennsylvania. PeoplesBank offers a full range of consumer, business, wealth management, and mortgage services at financial centers located in communities throughout South Central Pennsylvania and Central Maryland. Codorus Valley Bancorp, Inc.’s Common Stock is listed on the NASDAQ Global Market under the symbol CVLY.

Questions or comments concerning this Press Release should be directed to:

Codorus Valley Bancorp, Inc.

Larry J. Miller, Chairman, President and CEO
717-747-1500
lmiller@peoplesbanknet.com

Larry D. Pickett, CPA - Treasurer
717-747-1502
lpickett@peoplesbanknet.com