# Citizens & Northern Corp

Citizens & Northern Corp is an Asset Manager based in Wellsboro, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Wellsboro, United States
- **Region:** North America
- **Address:** Wellsboro, PA, United States
- **Founded:** 1864
- **Assets under management:** Undisclosed
- **Website:** cnbankpa.com
- **LinkedIn:** https://www.linkedin.com/company/cnbankpa

## Regulatory record

- **Reports private funds:** No

## About

You&Us. That's C&N. | 97% of Citizens & Northern Bank customers say they would recommend us to their family and friends. As Your Bank for a Lifetime, it's our mission to create value through lifelong relationships with our neighbors in Pennsylvania and New York. We believe managing your finances should be a fulfilling, trouble-free experience...so you can spend less time making a living and more time making a life.

## Sectors

- Financial Services
- Real Estate
- Private Credit

## People

- J. Bradley Scovill — President & CEO

## Questions

### What does C&N's wealth management division actually do?

C&N's wealth management arm provides trust administration, estate settlement, investment management, and retirement planning services. The division competes with regional trust companies and independent advisors, managing assets for local individuals, families, and nonprofits. Through its C&N Investment Services subsidiary, the bank also offers brokerage and third-party advisory relationships. The unit's scale is modest relative to the bank's core lending operations, though the bank does not publicly break out AUM for the wealth segment.

### Where does Citizens & Northern Corp primarily lend?

C&N concentrates its loan portfolio in north-central Pennsylvania's Marcellus Shale region and adjacent counties in upstate New York. The bank's lending mix leans toward commercial real estate and commercial-operating loans, with additional exposure to residential mortgages and consumer loans. Its branch network of roughly 26 offices blankets small towns in Tioga, Bradford, Lycoming, and neighboring counties where the bank is frequently the dominant local depository institution.

### Has C&N made any recent acquisitions?

Yes. In 2020, Citizens & Northern completed the acquisition of Covenant Bank, headquartered in Doylestown, Pennsylvania, expanding C&N's footprint into the southeastern part of the state. The transaction was structured as a cash-and-stock merger and has since been fully integrated into the C&N branch network. The bank has not announced any additional acquisitions since the Covenant deal closed.

### How does the bank's dividend history inform its investment posture?

Citizens & Northern has paid consecutive quarterly cash dividends since 1985, spanning nearly four decades without interruption. For an allocator evaluating counterparty stability, this signals a conservative capital-return philosophy and a management team that prioritizes consistency over growth-at-any-cost. The bank's small-town deposit franchise and loan-book discipline have allowed it to maintain dividend payments through multiple credit cycles.

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Last updated: 2026-06-03T20:00:00.000Z

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