 Norwood Financial Corp NASDAQ Global Market: NWFL Norwood, the holding company for Wayne Bank, announced today that that it had completed its acquisition of UpState New York Bancorp, Inc. UpState and its wholly-owned subsidiary, USNY Bank effective as of July 7, 2020. USNY Bank has been merged into Wayne Bank. At their election, UpState shareholders are receiving either 33.33 in cash or 0.9390 shares of Norwood common stock for each share of UpState common stock held subject to the allocation and proration procedures set forth in the Merger Agreement. 