MANSFIELD, Pa., Nov. 6 /PRNewswire-FirstCall/ -- The Board of Directors of
Citizens Financial Services, Inc. (OTC Bulletin Board: CZFS) the bank holding
company for First Citizens National Bank, recently declared a one-time special
cash dividend for Citizens Financial Services shareholders.
A cash dividend of $.05 per share will be paid on December 10, 2009 to
shareholders of record on November 16, 2009. This one-time special cash
dividend results in an overall increase of 4.04% in dividends declared this
year versus 2008. CEO and President Randall E. Black stated, "This one-time
special dividend is a direct reflection of this year's outstanding financial
performance along with the strong capital position of the Company, as well as
the Board of Directors' commitment to provide total shareholder return."
Inquiries regarding the purchase of the company's stock may be made through
the following brokers: Boenning & Scattergood, Inc., 800-883-1212; Domestic
Securities, Inc., 201-782-0888; E*Trade Capital Markets, LLC, 866-551-8300;
Hudson Securities, Inc., 201-216-0100; Knight Equity Markets, LP,
212-336-8924; Monroe Securities Inc., 800-766-5560; Pershing Trading Company,
201-413-3531; RBC Capital Markets Corp., 212-858-7000; Stifel, Nicolaus & Co.,
Inc., 800-223-7922; UBS Securities, LLC, 203-719-7100.
Citizens Financial Services, Inc. has over 1,500 shareholders, the majority of
whom reside in Potter, Tioga, and Bradford Counties. First Citizens National
Bank has community offices in Wellsville, NY and Pennsylvania offices in
Genesee, Ulysses, Wellsboro, Mansfield, Blossburg, Canton, Troy, Gillett,
Towanda, LeRaysville, Stateline, Sayre and in-store offices at Weis Market in
Wellsboro and Wal-Mart in Mansfield.
Note: This press release may contain forward-looking statements as defined in
the Private Securities Litigation Reform Act of 1995. Actual results and
trends could differ materially from those set forth in such statements due to
various factors. These factors include operating, legal and regulatory risks;
changing economic and competitive conditions and other risks and
uncertainties.
SOURCE Citizens Financial Services, Inc.
Kathleen Campbell, Marketing Director of First Citizens National Bank,
+1-570-662-0422, +1-570-662-8512 (fax)
