CNB Bank is headquartered in CLEARFIELD and is the 12th largest bank in the state of Pennsylvania. It is also the 256th largest bank in the nation. It was established in 1934 and as of March of 2023, it had grown to 737 employees at 50 locations. CNB Bank has a B+ health rating.
My Experience With CNB Bank
I have had an account with CNB Bank for a couple of years now and still enjoy the service. They offer a special account for those aged 18-24, which I have, which allows the customer no additional fees and waives your first two check bounces (I believe it's the first two). I like the mobile check deposit option as I am always traveling, and their app makes it easy to check balances on the go. Also, I never had a security issue while using this service. Everyone I talk to or encounter at the bank are friendly and helpful. I only wish that there were more branch extensions along the east side of Pennsylvania. Staying local and supporting a small bank as opposed to large companies is another plus to my experience. I plan to keep using this bank for years to come.
CNB Bank - Friendly, Local, and Accessible
I have enjoyed banking with CNB for over ten years now. I have savings and checking accounts with them. I have overdrafted my checking account a few times and the overdraft fees are high. However, this encourages us to not overdraft our accounts, which is definitely a good thing! I have interacted with several different employees at several different levels in the bank. I have found that every employee I have encountered is friendly and will do whatever they can to help you. They all know you and remember your name when you walk in and that is a really nice thing. Most other banking institutions I have dealt with are cold when you walk up to the counter, but at CNB that couldn't be further from the truth.
Horrible Banking Practices
They moved a deposit from one account to another without my permission. They have lied to me on numerous occasions about when a check would clear, which has cost me a few hundred Dollars..Their customer service will tell you someone will call you back and a call never comes. Instead of them fixing their mistakes they made it clear they rather not be bothered ! If I could give them no Stars I would .
Pathetic APR
This is a brick & mortar bank that appears (from the street level images in Upper Arlington) to have a very small footprint. Rates are not touted on the website and you have to dig around to find them. I would say this facility would be best suited for an older person who does not have or want a computer or competitive online rates. Just my opinion but looks out of tune with modern times with a focus on the older crowd.
Data as of Q1 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 13876 |
| Year Established | 1934 |
| Employees | 737 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.25% |
| Return on Equity - YTD | 13.91% |
| Annual Interest Income | $65.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $5.56B$5.26B |
| Loans | Q1 2023vs Q1 2022 | $4.25B$3.71B |
| Deposits | Q1 2023vs Q1 2022 | $4.86B$4.74B |
| Equity Capital | Q1 2023vs Q1 2022 | $525.3MM$459.3MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $41.8MM$36.1MM |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $20.5MM$18.3MM |
| Real Estate Owned | Q1 2023vs Q1 2022 | $1.6MM$689.00K |
