YORK, Pa., Jan. 12, 2022 (GLOBE NEWSWIRE) -- On January 11, 2022, the Board of Directors of Codorus Valley Bancorp, Inc. (NASDAQ:CVLY), the parent company of PeoplesBank, A Codorus Valley Company, declared a regular quarterly cash dividend of $0.15 per common share, payable on February 8, 2022, to shareholders of record at the close of business on January 25, 2022, which is the same as the prior quarter's cash dividend.

With assets of over $2 billion, PeoplesBank, A Codorus Valley Company, is a wholly owned subsidiary of Codorus Valley Bancorp, Inc., the largest independent financial institution headquartered in York County, Pennsylvania. PeoplesBank offers a full range of consumer, business, wealth management, and mortgage services at financial centers located in communities throughout South Central Pennsylvania and Central Maryland. Codorus Valley Bancorp, Inc.'s Common Stock is listed on the NASDAQ Global Market under the symbol CVLY.

Questions or comments concerning this Press Release should be directed to:

Codorus Valley Bancorp, Inc.
Craig L. Kauffman, President/CEO 717-747-1501 ckauffman@peoplesbanknet.com	Larry D. Pickett, CPA - Treasurer 717-747-1502 lpickett@peoplesbanknet.com

Codorus Valley Bancorp, Inc. Declares Quarterly Cash Dividend