Commercial National Financial Corp - Other Event
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
 
Date of Report (Date of earliest event reported)
June 21, 2006
 
COMMERCIAL NATIONAL FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
Pennsylvania
0-18676
25-1623213
 
(State or other jurisdiction
 
 
of incorporation)
 
 
(Commission
 
 
File Number)
 
 
(I.R.S. Employer
 
 
Identification No.)
 
 
900 Ligonier Street, Latrobe, PA
 
15650
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code 724-539-3501
 
(Former name or former address, if changed since last report.)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
¨  
 
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
¨  
 
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
¨  
 
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
¨  
 
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))
 

Item 8.01    OTHER EVENTS

COMMERCIAL NATIONAL ANNOUNCES TERMINATION OF MEMORANDUM OF UNDERSTANDING

LATROBE, PA, June 20, 2006 - The Board of Directors of Commercial National Financial Corporation (NASDAQ:CNAF), the parent company of Commercial Bank & Trust of PA (the "Bank"), announced that the Commonwealth of Pennsylvania, Department of Banking (the "Department") and the Federal Deposit Insurance Corporation (the "FDIC") has deemed it appropriate to terminate the Memorandum of Understanding dated July 19, 2005.












 
 
 
  
 

 
Signature
 
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.
 
 
 
 
 
Commercial National Financial Corporation
 
(Registrant)

Date: June 21,2006
/s/
Gregg E. Hunter
 
Gregg E. Hunter
 
President and Chief Executive Officer