UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
April 18, 1996
Date of Report (Date of earliest event reported)
Community Banks, Inc.
(Exact name of registrant as specified in its charter)
Pennsylvania 0-15786 23-2251762
(State or other jurisdiction (Commission (IRS Employer
of incorporation or organization) File Number) ID No.)
150 Market Street
Millersburg, Pennsylvania 17061
(Address of principal executive offices) (Zip Code)
(717) 692-4781
(registrant's telephone number, including area code)
Not Applicable
(Former name, former address and former fiscal year,
if changed since last report)
Item 5. Other Events.
Effective April 18, 1996, the common stock of
Community Banks, Inc. began trading on the American Stock
Exchange. The stock had previously traded on the NASDAQ
Small Cap Market System.
Item 7. Financial Statements and Exhibits.
(c) Exhibits:
(28) Additional Exhibits.
The April 16, 1996 press release of the Registrant
regarding trading on the American Stock Exchange is included
on page 3.
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SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this
report to be signed on its behalf by the undersigned
hereunto duly authorized.
Community Banks, Inc.
Date: April 23, 1996 By:/s/ Terry L. Burrows
Terry L. Burrows
Executive Vice President
Chief Financial Officer
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Exhibit 28
COMMUNITY BANKS, INC.
FOR IMMEDIATE RELEASE
DATE: April 16, 1996
CONTACT: Beth L. Miller, AVP Marketing
(717) 692-4781, Fax: (717) 692-2972
COMMUNITY BANKS, INC. TO LIST
ON THE AMERICAN STOCK EXCHANGE
Millersburg, PA-Thomas L. Miller, Chairman and
Chief Executive Officer of Community Banks, Inc. (CBI),
announced today the Millersburg PA bank holding company and
parent company of Community Banks, N.A., will begin trading
on the American Stock Exchange (AMEX) effective April 18,
1996.
AMEX listings can be found in the business section
of most daily newspapers as well as the Wall Street Journal.
The new ticker symbol for CBI stock will be "CTY".
Investment-brokerage houses that have made a
market in Community Banks, Inc. stock include: F.J.
Morrissey & Co., Inc., Hopper Soliday & Co., Ryan, Beck &
Co., Legg Mason Wood Walker, Inc., Herzog, Heine, Geduld,
Inc., The Chicago Corporation, and Sandler O'Neill &
Partners, LP. Investors and others seeking financial
information about CBI stock may contact Investor Relations
at (717) 692-4781 or 1-800-331-8362.
Total assets of Community Banks, Inc.
approximated $393 million on March 31, 1996. Its principal
subsidiary, Community Banks, N.A., has 21 office located in
Dauphin, Northumberland, Schuylkill and Luzerne counties.
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