Company: CCNE
Filing Date: 2025-03-05
Form Type: 424B3
Source: 0001193125-25-047258
Chunk: 55

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-05
Form: 424B3
Chunk 55
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. In July 2016, CNB acquired Lake National Bank, and in July 2020, CNB acquired Bank of Akron.

In addition to CNB Bank, CNB has four other subsidiaries. CNB Securities Corporation is incorporated in Delaware and currently maintains investments in debt
and equity securities. CNB Insurance Agency, incorporated in Pennsylvania, provides for the sale of nonproprietary annuities and other insurance products. CNB Risk Management, Inc. is a Delaware-based captive insurance company which insures against
certain risks unique to the operations of CNB and its subsidiaries and for which insurance may not be currently available or economically feasible in today’s insurance marketplace. Holiday Financial Services Corporation, incorporated in
Pennsylvania, offers small balance unsecured loans and secured loans, primarily collateralized by automobiles and equipment, to borrowers with higher risk characteristics.

CNB Bank

CNB Bank was
originally chartered as a national bank in 1934 and is now a Pennsylvania-chartered bank. The CNB Bank franchise operates twenty full-service branch locations in Central and North Central Pennsylvania.

ERIEBANK, a division of CNB Bank, began operations in 2005. In July 2016, CNB acquired Lake National Bank, which operated two full-service branches in Mentor,
Ohio, approximately 20 miles east of Cleveland, Ohio. CNB Bank continues to operate one of these branch locations within its ERIEBANK franchise, with the other location ceasing operations in August 2020. In December 2021, CNB opened a full-service
branch in Cleveland, Ohio. CNB Bank currently operates thirteen full-service branch locations within its ERIEBANK franchise, a division of CNB Bank, with its headquarters in Erie, Pennsylvania.

In October 2013, CNB acquired FC Banc Corp. and its subsidiary, The Farmers Citizens Bank. CNB Bank currently operates seven full-service branch locations as
FCBank, a division of CNB Bank, with its headquarters in Worthington, Ohio.

In 2016, CNB Bank received regulatory approval to conduct business in the
State of New York as BankOnBuffalo, a division of CNB Bank. In July 2020, CNB acquired Bank of Akron, with its branch locations operating with BankOnBuffalo. CNB Bank currently operates twelve branch locations, one mobile branch and one drive-up office as BankOnBuffalo, a division of CNB Bank, with its headquarters in Buffalo, New York.

In 2021