CB Financial Services Appoints New President And CEO

John Montgomery Starts New Position On Aug. 31

Keith Griffin

August 19, 2020

John Montgomery CB Financial Services CEO

CB Financial Services, Inc., the holding company of Community Bank, announced that John H. Montgomery will serve as president and CEO effective Aug. 31, 2020, succeeding Barron P. McCune, Jr. who has been serving in an interim capacity since early January. Montgomery will also serve as a Director of the company and the bank.

Concurrent with Montgomery’s appointment, McCune will become an executive consultant to the company and the bank through March 31, 2021 to assist in the leadership transition. McCune will also become a director emeritus of the bank and will continue to serve as a director emeritus of the company.

Montgomery is a veteran bank executive with over 30 years of experience. After graduation from Juniata College in Huntingdon, Pennsylvania, Montgomery was training to become a naval aviator in Pensacola, Florida. When his eyesight disqualified him from flight, he then attended Drexel University in Philadelphia, Pennsylvania, where he received his MBA and turned his attention to banking.

He started his banking career in Philadelphia and has a wide range of experience with both large and small institutions. Most recently, in 2005, Montgomery joined Susquehanna Bank and held a variety of executive positions for the next nine years, including president of Susquehanna’s Pennsylvania Division and senior credit risk officer.

In 2014, Montgomery was recruited by First Bank, a privately held $6 Billion bank located in St. Louis, Missouri. At First Bank, Montgomery was chief credit officer and improved the bank’s credit posture following the Great Recession. He served on the bank’s board of directors and executive committee.

Montgomery was born and raised in the suburbs of Philadelphia and lived for over 20 years in Lancaster, Pennsylvania prior to relocating to Missouri. He and his wife, Cory, have three children; two are attending Juniata College.

CB Financial Services, Inc., based in Washington, Pennsylvania, is the bank holding company for Community Bank, a Pennsylvania-chartered commercial bank. Community Bank operates 16 offices in Greene, Allegheny, Washington, Fayette, and Westmoreland counties in southwestern Pennsylvania, seven offices in Brooke, Marshall, Ohio, Upshur and Wetzel counties in West Virginia, and one office in Belmont County in Ohio.

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