Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow 
Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts 
Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised 
Austal Shares Surge 16% as Hanwha Offers Up to $1.2 Billion for U.S. Shipbuilding Business 
Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised 
JPMorgan Plans More Asia-Pacific Hiring in 2027 as Corporate Banking Revenue Surges 
US Judge Dismisses Gautam Adani Criminal Charges 
Airbus Joins Air India A320 Altitude Drop Probe 
Treasury Wine Estates Shares Jump as U.S. Overhaul Lifts FY2026 Outlook 
Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms 
Alibaba Plans Revenue-Sharing Model for Qwen3.8-Max AI Commercial Users 
Deutsche Bank Upgrades Persimmon to Buy After Strong First-Half Results 
Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico 
Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises 
Hanwha Offers Up to $1.2 Billion for Austal US Business 
Berkshire Hathaway Cash Falls as Abel Boosts Stock Buybacks 
ADNOC Gas Targets Up to $4B Profit in 2026 
YORK, Pa., Feb. 16, 2018 -- On February 13, 2018, the Board of Directors of Codorus Valley Bancorp, Inc. (Nasdaq:CVLY), the parent company of PeoplesBank, A Codorus Valley Company, approved the formation of a charitable foundation to be known as the PeoplesBank Charitable Foundation.
The Board also approved initial funding for the Foundation in the amount of $500,000. Larry Miller, Chairman, President and CEO of the Corporation said “in light of the reduction in the corporate tax rate commencing in 2018 from approximately 35% to 21% as a result of the enactment of the Tax Cuts and Jobs Act, the Board felt it appropriate to further the Corporation’s charitable activities in our community by the establishment and funding of the Foundation.” The Foundation will make a public announcement when it is prepared to start accepting requests for charitable contributions.
Codorus Valley Bancorp, Inc. is the largest independent financial services holding company headquartered in York, Pennsylvania. Codorus Valley primarily operates through its financial services subsidiary, PeoplesBank, A Codorus Valley Company. In addition to a full range of business and consumer banking services, the Corporation also offers mortgage banking, wealth management, and real estate settlement services through offices located in York, Cumberland and Lancaster Counties in Pennsylvania, and in Baltimore, Harford and Carroll Counties in Maryland. Additional information can be found on PeoplesBank’s website at www.peoplesbanknet.com. Codorus Valley Bancorp, Inc.’s common stock is listed on the NASDAQ Global Market under the symbol CVLY.
Questions or comments concerning this Press Release should be directed to:
Codorus Valley Bancorp, Inc.
Larry J. Miller, Chairman, President and CEO Charles T. Field, CPA – Treasurer
717-747-1500 717-747-1502
[email protected] [email protected]
