LUZERNE —Four months after a Williamsport-based banking company purchased locally-owned Luzerne Bank, the company announced that long-time Luzerne Bank president Robert C. Snyder would be stepping down. He’ll be replaced Oct. 1 by Robert J. Glunk.
Glunk, 48, is currently the senior vice president and chief operating officer for Jersey Shore State Bank, which like Luzerne Bank is under the umbrella of Penns Woods Bancorp, Inc. In that capacity, Glunk supervised the retail branch system, as well as the computer, sales and deposit operations for the organization.
The announcement of the pending change was made in a joint release sent out by Joseph E. Kluger, chairman of the board for Luzerne Bank and Richard A. Grafmyre, president and chief executive officer of Penns Woods Bancorp.
“The members of the board of directors are proud to welcome Rob to Luzerne Bank,” said Kluger. “He brings a wealth of knowledge and years of valuable experience in community banking to the position of President. We are excited to have him on board with Luzerne Bank.”
Glunk is a graduate of Lycoming College and the ABA Stonier Graduate School of Banking. He is currently the President of the Jersey Shore Hospital Foundation, a Board Member and Finance Committee Member of the Jersey Shore Hospital, Treasurer of the Jersey Shore Library and member of the Williamsport Chamber of Commerce Industrial Properties Corporation.
“Rob has earned his position by demonstrating his leadership skills especially since being promoted to senior vice president at Jersey Shore State Bank,” said Grafmyre. “Successfully managing a variety of staff and line functions in his 28 year banking career, Rob has always done what was in the best interests of the bank, its customers and his colleagues.”
Snyder, who will be retiring from the position of president and chief executive officer to make way for Glunk, will become a special advisor to the CEO through the end of this year. He joined Luzerne Bank in 2004 as president and CEO following a career in banking in State College.
Snyder serves as chairman of the board of The Greater Wilkes-Barre Chamber of Commerce and as a board member of the United Way of Wyoming Valley.
There are eight Luzerne Bank branch offices in Luzerne and Lackawanna counties. The bank opened in November 1907. In May, the boards of the two banking companies agreed to an acquisition, which went into effect June 1. Penns Woods is the parent company of Jersey Shore State Bank, which operates 13 branches in Lycoming, Clinton, Centre and Montour counties.