secwatch.observer — SEC 8-K summary
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Issuer:     MUNCY COLUMBIA FINANCIAL Corp (CCFN)
CIK:        0000731122
Form:       8-K
Filed at:   2023-12-21T23:59:59+00:00
Accession:  0001999371-23-001136
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Muncy Columbia extends CEO Diehl's post-termination health benefit period from 5 to 10 years
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- Amendment to CEO Lance O. Diehl's employment agreement extends post-termination health/medical insurance coverage from 5 to 10 years.
- Benefit includes health, dental, vision coverage for Diehl and spouse, with tax gross-up payments at highest marginal rate.
- Benefit continues through 10 years even if Diehl predeceases spouse; Medicare enrollment required at age 65 with cost reimbursement.
- Amendment approved by boards of Muncy Columbia Financial Corporation and Journey Bank on Dec. 19, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/731122/000199937123001136/0001999371-23-001136-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/731122/000199937123001136/muncy_8k-122123.htm
  HTML page:      https://secwatch.observer/filing/0001999371-23-001136

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