Holiday Financial Services Corporation, a wholly owned subsidiary of CNB Financial Corporation, marks CNB Financial Corporation's entrance into the consumer discount loan and finance business. The Bank will expand its presence into existing and new markets with Holiday Financial Services Corporation in Hollidaysburg, Sidman, Northern Cambria, Clearfield, Bellefonte, Bradford, Ridgway and Erie, reaching the unbanked market.
Holiday Financial Services Corporation began operations in Sidman, PA, in November, 2005 by purchasing the performing loans of Holiday Consumer Discount Company which had previously operated in the Sidman area since 1965.