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11 N. 2nd St. Clearfield, PA 16830 PA Tel. 814-765-7551 Toll Free 888-765-7551 Fax 814-765-2943 |
Type: Public
On the web:
http://www.cbtfinancial.com
CBT Financial is the holding company for Clearfield Bank & Trust Company, which operates about a dozen offices in central Pennsylvania. Targeting individuals and local businesses, the bank offers traditional deposit products, credit cards, trust and investment services, and loans. The bulk of the bank's lending portfolio is secured by residential and commercial mortgages. It also offers consumer, construction, and business loans. CBT Financial nearly doubled its operations in 2005 when it acquired six banking locations from First Commonwealth Financial.
Key numbers for fiscal year ending December, 2008:
Sales: $14.8M
One year growth: 9.8%
Net income: $1.8M
Income growth: 21.1%
Officers:
Chairman, President, and CEO; Chairman, President, and CEO, Clearfield Bank and Trust; Chairman and President, Diamond Financial Services: William E. Wood
SVP and COO, Clearfield Bank and Trust: Judith K. Mitchell
Treasurer; SVP, CFO, and Treasurer, Clearfield Bank and Trust; VP and Treasurer, Diamond Financial Services: Richard W. Ogden
Competitors:
CNB Financial (PA)
M&T Bank
S&T Bancorp
