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Bank completes acquisition

Northwest Bancshares, Inc., the bank holding company for Northwest Bank, and Penns Woods Bancorp, Inc., the multi-bank holding company of Jersey Shore State Bank and Luzerne Bank, announced that, effective Friday, the previously announced merger of Penns Woods with and into Northwest has been completed, along with the merger of Penns Woods’ wholly owned subsidiary banks, Jersey Shore State Bank and Luzerne Bank, each with and into Northwest Bank, a Pennsylvania-chartered savings bank and wholly-owned subsidiary of Northwest, with Northwest Bank as the surviving bank. Northwest Bank’s sign was unveiled at the location on South Main Street in Jersey Shore, Pa. on Friday. Pictured left to right: Michael Owens, Regional Commercial Banking Market Executive; Krista Gephart, District Manager; Urich Bowers, Chief Consumer Banking Officer; Kristen Mekulsia, Regional President Executive Director Retail Banking; and Michael McCarty, Regional Commercial Banking Market Executive.

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