---
schema_version: "secwatch.filing_event.v1"
accession: "0000739421-22-000020"
form_type: "8-K"
ticker: "CZFS"
cik: "0000739421"
company_name: "CITIZENS FINANCIAL SERVICES INC"
filed_at: "2022-04-22T23:59:59+00:00"
generated_at: "2026-06-26T05:30:08.285181+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Citizens Financial Services files Nasdaq listing application; 2021 performance ranks top percentile

## Summary
- Filed Nasdaq listing application; plans to open 32nd branch in Ephrata, PA, and celebrate 150th anniversary.
- 2021 efficiency ratio finished in 93rd percentile; ROE and ROA in 100th percentile vs. CZFS peer group.
- Paid 1% stock dividend in 2018-2021 and 5% in 2017; donated over $360,000 in 2021.
- Janie Hilfiger elected Class 3 director; four Class 2 directors re-elected to three-year terms.
- Shareholders ratified S.R. Snodgrass as auditor for FY 2022.

## SEC filing metadata
- accession: 0000739421-22-000020
- form_type: 8-K
- ticker: CZFS
- cik: 0000739421
- company_name: CITIZENS FINANCIAL SERVICES INC
- filed_at: 2022-04-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 5.07, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/739421/000073942122000020/0000739421-22-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/739421/000073942122000020/annualmeetingresults2022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000739421-22-000020
- JSON: https://secwatch.observer/filing/0000739421-22-000020.json
- Plain text: https://secwatch.observer/filing/0000739421-22-000020.txt

## Key facts
- Executive change
  Janie Hilfiger was appointed as Director at CITIZENS FINANCIAL SERVICES INC.
  - Action: appointed
  - Role: Director
  source text: the Board of Directors of Citizens Financial Services, Inc. (the “Company”) appointed Janie Hilfiger to the Company’s Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/739421/000073942122000020/0000739421-22-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.