WILLIAMSPORT, Pa., March 08, 2016 -- Richard A. Grafmyre, President and CEO of Penns Woods Bancorp, Inc. (Nasdaq:PWOD) recently announced the promotion of Michelle (Shelley) Karas to the position of Senior Vice President/Chief Operating Officer for Penns Woods Bancorp, Inc., which includes Jersey Shore State Bank and Luzerne Bank.
A graduate of Bloomsburg University of Pennsylvania, Karas is also a graduate of the School of Bank Marketing and Management, the Central Atlantic Advanced School of Banking and the Central Atlantic Commercial Lending School. Over her 22+ years in banking, she has published several articles in various financial services magazines, presented at various banking conferences and has taught courses for the American Bankers Association and the American Institute of Banking. Karas is also a Certified Professional Marketer and a Certified Financial Marketing Professional.
Karas currently oversees the Deposit Operations, E-Banking, Information Technology, Imaging, Marketing, Sales and Training functions for the organization.
"Shelley’s strong background, experience in strategic initiatives, operations, administration, project management, and product development make her ideally suited for her new position as Chief Operating Officer of the organization," said Richard A. Grafmyre, President and CEO of Penns Woods Bancorp, Inc. “This depth and breadth of knowledge, combined with her no-nonsense direct approach to efficiently getting business done, is a great asset to the Penns Woods Bancorp family.”
Penns Woods Bancorp, Inc. is the $1.3 billion parent company of Luzerne Bank and Jersey Shore State Bank. Luzerne Bank operates eight branch offices providing financial services in Luzerne and Lackawanna counties. Jersey Shore State Bank operates fifteen branch offices providing financial services in Lycoming, Clinton, Centre, Montour and Union Counties. Investment and insurance products are offered through Jersey Shore State Bank’s subsidiary, The M Group, Inc. D/B/A The Comprehensive Financial Group.
Michelle Karas 570-567-2075 [email protected]


China’s LandSpace Takes Aim at SpaceX With Reusable Rocket Ambitions
China’s Iron Ore Buyer Pressures Mining Giants as New Supply Shifts Market Power
Elon Musk’s xAI Expands Supercomputer Infrastructure With Third Data Center to Boost AI Training Power
Anghami Stock Soars After Strong H1 2025 Results, Revenue Nearly Doubles on OSN+ Integration
Boeing Secures $8.6 Billion Pentagon Contract for F-15 Jets for Israel
Boeing Secures Multi-Billion Dollar Defense Contracts for F-15IA Jets and E-4B Aircraft Support
L&F Tesla Battery Supply Deal Value Drops Sharply Amid EV Market Slowdown
Lockheed Martin Secures $92.8M AEGIS Sustainment Contract from U.S. Navy
Lockheed Martin Secures Nearly $500 Million in U.S. and Allied Defense Contracts
Air China Orders 60 Airbus A320neo Jets in $9.5 Billion Deal as Airbus Strengthens Grip on China Market
Meta Acquires AI Startup Manus to Expand Advanced AI Capabilities Across Platforms
Citigroup to Exit Russia With Sale of AO Citibank to Renaissance Capital
Australia’s Modern Gold Rush: Hobby Prospectors Flock to Victoria’s Golden Triangle
Disney Agrees to $10 Million Settlement Over Child Privacy Violations on YouTube
ByteDance Plans Massive AI Chip Spending Boost as Nvidia Demand Grows in China
Vietnam’s EV Taxi Giant GSM Eyes Hong Kong IPO With $2–3 Billion Valuation
Samsung Electronics Secures Annual U.S. Licence for China Chip Equipment Imports in 2026 



