GlobeNewswire Inc | Oct 14, 2020 02:00PM EDT

October 14, 2020

YORK, Pa., Oct. 14, 2020 (GLOBE NEWSWIRE) -- On October 13, 2020, 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 $0.10 per common share, payable on November 10, 2020, to shareholders of record at the close of business on October 27, 2020.

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.

Larry J. Miller, Chairman, President and CEO 717-747-1500 lmiller@peoplesbanknet.com

Larry D. Pickett, CPA - Treasurer717-747-1502lpickett@peoplesbanknet.com