Pa.’s Commercial National Sells Insurance Agency

July 1, 2004

Commercial National Financial Corporation (Nasdaq: CNAF) in Latrobe, Pa., has successfully completed its previously announced sale of the insurance agency assets relating to the Gooder Agency, Inc.

The board of directors’ business strategy concentrates on growing its core banking business of loans and deposits while supplementing those services with trust and asset management related fee revenue.

In addition to Latrobe where it is headquartered, the company operates community banking facilities in Greensburg, Hempfield Township, Ligonier, Norwin, Unity Township and West Newton, Pennsylvania and also maintains a commercial business development sales force throughout its entire market area. The company operates a trust company, Highview Trust Company, headquartered in Greensburg, Pennsylvania.

Topics Mergers & Acquisitions Commercial Lines

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