Commercial National Financial Corporation (CNAF)
OTCQX OTCQX Primary Summary
Commercial National Declares $.26 Per Share Third Quarter Dividend
LATROBE, PA / ACCESSWIRE / August 20, 2024 / Commercial National Financial Corporation (OTCQX:CNAF), parent company of Commercial Bank & Trust of PA, has declared a quarterly dividend of $0.26 per share payable September 6 to shareholders of record as of August 30. Direct and beneficial ownership by executive officers and directors of the Company's outstanding shares totaled 467,957 shares, or 16.36% on June 30, 2024.
Commercial National Reports June 30, 2024 Results
LATROBE, PA / ACCESSWIRE / July 31, 2024 / Commercial National Financial Corporation (OTCQX:CNAF)(Company), parent Company of Commercial Bank & Trust of PA, has reported results for the quarter ended June 30, 2024. The Company earned $353,000 (or $0.12 per average share outstanding) in the second quarter 2024 compared to $842,000 (or $0.29 per average share outstanding) in the second quarter of 2023.
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Commercial National Financial Corporation Profile
| Banks Industry | Financials Sector | Gregg E. Hunter CEO | OTCQX Exchange | 202217105 CUSIP |
| US Country | 76 Employees | 29 May 2026 Last Dividend | 4 Jan 1999 Last Split | - IPO Date |
Overview
Commercial National Financial Corporation is a financial institution rooted in providing a vast range of banking and financial services primarily in Pennsylvania. Since its establishment in 1934, the company has been dedicated to meeting the diverse financial needs of its customers. With its headquarters located in Latrobe, Pennsylvania, it has evolved into a trusted provider of a variety of financial solutions, leveraging both traditional practices and modern technologies to enhance customer banking experiences.
Products and Services
Commercial National Financial Corporation offers an extensive portfolio of banking and financial products and services, catering to both individual and business clients:
- Checking, Money Market Investment, and Savings Accounts: Offering a range of accounts to suit different customer needs, from day-to-day transactions to long-term savings and investments.
- Business-Time Deposits and Certificates of Deposit: Providing businesses with options for fixed-term investment deposits, ensuring security and predictable returns on surplus cash.
- Loan Products: The company offers a comprehensive selection of loan products, including:
- Home-Equity Loans: Tailored for homeowners looking to leverage the equity in their property for borrowing.
- Personal Lines of Credit: Flexible credit solutions for individuals needing ongoing access to funds.
- Personal and Automobile Loans: Financing options for personal needs, from auto purchases to personal projects.
- Residential and Construction Mortgages: Mortgage solutions for home buyers and construction projects, aiding in property acquisition and development.
- Commercial Loans: Financial support for businesses for various purposes, including operations, expansion, and capital investments.
- Electronic Banking Services: Enhancing banking convenience through:
- Automatic Teller Machine (ATM) Access: Ensuring customers can perform transactions seamlessly 24/7.
- Debit Card Services: Providing a secure and convenient payment method for both online and in-store purchases.
- Online Banking and Mobile Banking: Offering comprehensive banking services online, allowing customers to manage their finances anytime and anywhere.
- Online Bill Payment Services: Enabling easy and secure payment of bills through digital banking platforms.
- Additional Services: The company also offers a range of supplementary services such as:
- Direct Deposit/Payroll Processing: Streamlining the salary distribution process for employers.
- Night Depository Services: Providing businesses with a secure way to deposit funds after hours.
- Asset Management and Trust Services: Offering specialized financial management services including:
- Trust and Estate Services: Assistance with the management and distribution of estate and trust assets.
- Investment Management: Professional management of investment portfolios to meet individual or business financial goals.
- Cash Management Services: Solutions designed to optimize cash flow and manage liquidity for businesses.
- Retirement Products: A variety of products aimed at facilitating successful retirement planning and savings.
