On December 18, 2014, Citizens & Northern Corporation and Citizens & Northern Bank (the Bank) acknowledged the intention of Dawn A. Besse to retire from her position as Executive Vice President and Chief Credit Officer of the Corporation and Bank, effective at the close of business on December 31, 2014. In connection with Ms. Besse's pending retirement, on December 18, 2014, the Boards of Directors appointed Stan R. Dunsmore to the position of Executive Vice President and Chief Credit Officer of the Corporation and Bank, effective January 1, 2015.