HVBC - HV Bancorp, Inc.

Exchange Ratio Finalized for Citizens Financial Services, Inc. Pending HV Bancorp, Inc. Merger

Citizens Financial Services, Inc. (NASDAQ: CZFS) ("CZFS") announced today that the exchange ratio for the pending merger HV Bancorp, Inc. ("HVBC") with and into CZFS has been finalized at 0.4040 shares of CZFS stock for each share of HVBC stock. The original exchange ratio has been adjusted from 0.4000 shares of CZFS stock for each share of HVBC stock to 0.4040 shares of CZFS stock for each share of HVBC stock to reflect the 1% stock dividend declared on May 30, 2023 by CZFS and payable on June

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  Pittsburgh Today Live Chat: June 9, 2023

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Citizens Financial Services, Inc. and HV Bancorp, Inc. Announce Election Deadline

Citizens Financial Services, Inc. (NASDAQ: CZFS) (the "Company" or "CZFS") and HV Bancorp, Inc. (NASDAQ: HVBC) ("HVBC") announced today the deadline for shareholders of HVBC to elect the form of consideration that they wish to receive in HVBC's pending merger with CZFS. CZFS and HVBC anticipate closing the transaction on June 16, 2023, subject to the satisfaction of customary closing conditions.

HV Bancorp, Inc. Reports Results for the Year Ended December 31, 2022

DOYLESTOWN, Pa., Feb. 17, 2023 (GLOBE NEWSWIRE) -- HV Bancorp, Inc. (the “Company” or “HVB”) (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the “Bank”), reported operating results for the Company for the year ended December 31, 2022. Net income for the year ended December 31, 2022, was $2.2 million ($1.12 per basic share and $1.06 per diluted share) versus net income of $4.1 million ($2.04 per basic share and $1.98 per diluted share), for the year ended December 31

HV Bancorp, Inc. Reports Results For The Quarter Ended September 30, 2022

DOYLESTOWN, Pa., Nov. 04, 2022 (GLOBE NEWSWIRE) -- HV Bancorp, Inc. (the “Company” or “HVB”) (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the “Bank”), reported operating results for the Company for the quarter and nine months ended September 30, 2022. Net income for the quarter ended September 30, 2022, was $705,000 or ($0.35 per basic share and $0.34 per diluted share) versus net income of $640,000 or ($0.33 per basic share and $0.31 per diluted share) for the q

Citizens Financial Services, Inc. and HV Bancorp, Inc. Sign Definitive Merger Agreement

Citizens Financial Services, Inc. (NASDAQ: CZFS) (the "Company" or "CZFS"), the holding company for First Citizens Community Bank ("FCCB"), and HV Bancorp, Inc. (NASDAQ: HVBC) ("HVBC"), the holding company for Huntingdon Valley Bank ("HVB"), are pleased to jointly announce entry into a definitive agreement (the "Agreement") pursuant to which HVBC will merge with and into CZFS. Under the terms of the Agreement, the shareholders of HVBC will have the right to elect to receive for each share of HVB

HV Bancorp, Inc. Participates First Commercial Loan to the MakerDAO Protocol and the DAI Stable Coin

DOYLESTOWN, Pa., Aug. 19, 2022 (GLOBE NEWSWIRE) -- HV Bancorp, Inc. (hereinafter the “Company” ) (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank a/k/a HVB the better experience Bank (hereinafter “HVB”), announced the following: HVB and The MakerDAO PROTOCOL (“MakerDAO”) pioneer the first commercial loan participation between a U.S. Regulated Financial Institution and a decentralized digital currency (the “DAI” a stable coin). Effectively converting a digital currency

HV Bancorp, Inc. Reports Results For The Quarter Ended June 30, 2022

DOYLESTOWN, Pa., Aug. 05, 2022 (GLOBE NEWSWIRE) -- HV Bancorp, Inc. (the “Company” or “HVB”) (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the “Bank”), reported operating results for the Company for the quarter and six months ended June 30, 2022. Net income for the quarter ended June 30, 2022, was $640,000 or ($0.33 per basic share and $0.31 per diluted share) versus net income of $1.3 million or ($0.65 per basic share and $0.63 per diluted share). Net income for