---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-23-009429"
form_type: "8-K"
ticker: "CCFN"
cik: "0000731122"
company_name: "MUNCY COLUMBIA FINANCIAL Corp"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:15:58.483756+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CCFNB Bancorp amends CEO and CFO employment agreements ahead of Muncy Bank merger

## Summary
- CEO Diehl's amended agreement provides $347,543 salary, increasing to $375,000 post-Muncy Bank merger, with term through March 31, 2026.
- CEO succession plan: Diehl transitions to part-time 4-12 months post-merger, retires by Mar 2026; Glunk succeeds as CEO.
- CFO Arnold's amended agreement provides $195,364 salary, increasing to $207,005 post-merger; term renews annually but ends no later than Dec 31, 2032.
- Both agreements include change-in-control severance (2.99x salary for CEO, 2x for CFO) and 12-24 month non-compete/non-solicit clauses.

## SEC filing metadata
- accession: 0001387131-23-009429
- form_type: 8-K
- ticker: CCFN
- cik: 0000731122
- company_name: MUNCY COLUMBIA FINANCIAL Corp
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/731122/000138713123009429/0001387131-23-009429-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731122/000138713123009429/ccfnb-8k_080223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-23-009429
- JSON: https://secwatch.observer/filing/0001387131-23-009429.json
- Plain text: https://secwatch.observer/filing/0001387131-23-009429.txt

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