An update from Norwood Financial (NWFL) is now available.
Ronald R. Schmalzle has joined the Board of Directors at a major company and its key subsidiary, Wayne Bank, with his term set to conclude at the 2027 Annual Meeting of Stockholders. Schmalzle will be compensated in line with his fellow non-employee directors and is eligible for stock-based incentives. His selection was made without any special agreements, and the commercial loans he has received from the bank are consistent with normal business dealings, featuring standard terms and presenting no extraordinary risk.
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