State College, P.A. – A ceremonial ribbon cutting today marked the opening of the CNB Bank Private Client Solutions office in State College. The new office, located at 1960 Old Gatesburg Road in State College, represents CNB Bank's first establishment in the town, featuring a team of investment advisors who will work with area clients to develop customized asset management strategies that meet their goals and objectives.
CNB Bank President and CEO, Mike Peduzzi, expressed his enthusiasm for the opening of the new office, stating, "We are thrilled to bring CNB Bank's exceptional services to the State College market. We have many customers in this market that we have connected with through with our business development team over several years, and now our current and prospective customers will benefit from having our financial experts right in town. With this expansion, we aim to provide even more accessible personalized financial solutions and unparalleled customer experiences to the community. Our team is eager to establish strong relationships and assist individuals and businesses with their banking and wealth management needs."
CNB Bank's Private Client Solutions offers an array of services tailored to meet the unique needs of each client. Services provided in the new office will include Private Banking, Trust & Estate Planning, Retirement Accounts & Planning, Employer-Sponsored Retirement Plans, and Wealth and Asset Management. CNB Bank is devoted to helping individuals and businesses in State College maximize their financial potential and achieve their goals.
Leading the efforts for the team will be Private Banking Officer Travis Snyder, a State College native and seasoned banking professional with over 20 years of lending and banking experience in the area. Mr. Snyder's expertise and dedication to providing tailored financial solutions will undoubtedly greatly benefit the State College community. His team will provide services including trusts and estates, wealth and asset management, and business and personal investment services.
Joseph Dell, Senior Vice President, Corporate Commercial Development, whose banking career in the area spans more than 40 years, will help guide CNB Bank’s commercial loan production efforts in the area. In addition to his extensive banking experience, Mr. Dell has also been active in commercial lending, having previously held the position of Senior Executive Vice President, Chief Commercial Banking Officer for the Bank.
Dustin Minarchick, President of CNB Bank, highlighted the significance of this offering, stating, "We recognize the growing demand for comprehensive private banking and wealth management services in this market. Our highly experienced, knowledgeable team of investment advisors and commercial bankers will deliver solutions that enable our clients to achieve their financial goals. I am so excited to bring our top-notch professionals and resources to further support the financial success of the State College community and its businesses and residents.”