– Michael Peduzzi, President and Chief Executive Officer of CNB Bank, has announced the promotion of Kelly Sheffield to Senior Vice President, Bank Secrecy Act (BSA) Officer.
In this role, Ms. Sheffield oversees the critically important BSA monitoring, reporting and regulatory compliance activities of the Bank, including the work of the AML (Anti-Money Laundering) and Fraud teams. The teams support the day-to-day operations of CNB Bank and work at protecting the Bank from activity relating to institutional or customer fraud, money laundering, or terrorist financing.
"The BSA program is a critical component of the financial industry, and CNB Bank is committed to upholding its related responsibilities for our customers, our institution, and others who conduct business through our Company. Under Kelly’s effective leadership as our BSA Officer, the Bank is confident in its ability to have a strong program for managing the important elements to promote the safety of the transaction activities for our customers,” says Mr. Peduzzi. "Her incredible expertise and ongoing guidance are invaluable in ensuring that our Bank remains compliant with these extensive regulatory requirements.”
Ms. Sheffield joined CNB Bank in February 2019 and was promoted to vice president in 2020. She has over 16 years of experience in the BSA industry. Prior to joining CNB Bank, Ms. Sheffield worked within BSA/AML at KeyBank, First Niagara Bank, and HSBC Bank. She began in the industry as an AML Compliance Associate and held numerous positions in the field including AML Compliance Officer, Senior AML Compliance Officer, AML Team Leader, Quality Control Analyst, and Financial Intelligence Unit (FIU) Manager.
A native of western New York, Ms. Sheffield is a graduate of Hilbert College with a Bachelor of Science degree in economic crime investigation. She maintains a specialized certification in anti-money laundering and is a current participant in the CNB Bank Leadership Institute.
About CNB Bank
Based on strong, traditional values, CNB Bank is dedicated to being the premier, financial service provider in our communities, focused on the changing needs of people and businesses by providing the highest quality service.
CNB Financial Corporation is a financial holding company with consolidated assets of approximately $5.6 billion. CNB Financial Corporation conducts business primarily through its principal subsidiary, CNB Bank. CNB Bank is a full-service bank engaging in a full range of banking activities and services, including trust and wealth management services, for individual, business, governmental, and institutional customers. CNB Bank operations include a private banking division, two loan production offices, one drive-up office, and 47 full-service offices in Pennsylvania, Ohio, New York, and Virginia. CNB Bank’s divisions include ERIEBANK, based in Erie, Pennsylvania, with offices in northwest Pennsylvania and northeast Ohio; FCBank, based in Worthington, Ohio, with offices in central Ohio; BankOnBuffalo, based in Buffalo, New York, with offices in northern New York; Ridge View Bank, based in Roanoke, Virginia with offices in Salem and Smith Mountain Lake, Virginia; and Impressia Bank, based in Buffalo, New York. CNB Bank is headquartered in Clearfield, Pennsylvania, with offices in central and north central Pennsylvania. For more information visit www.CNBBank.bank.