Peoples Financial Services Corp.

As of November 30, 2013, Peoples Financial Services Corp. was acquired by Peoples Security Bank & Trust Company, in a reverse merger transaction. Peoples Financial Services Corp. operates as the holding company for Peoples Neighborhood Bank that provides commercial and retail banking services to individuals, businesses, not-for-profit organizations, and government entities in Pennsylvania and New York. Its deposit products include money market accounts, NOW accounts, savings accounts, time deposits, certificates of deposits, individual retirement accounts, and demand deposit accounts. The company’s loan product portfolio comprises commercial real estate loans, working capital loans, equipment and other commercial loans, construction loans, small business administration guaranteed loans, and agricultural loans and mineral rights; and consumer loans, such as residential real estate loans, automobile loans, manufactured housing loans, personal loans, student loans, home equity loans, and credit card loans. It also offers various services, including remote deposit capture, automated clearing house transactions, cash management, automated teller machines, point of sale transactions, safe deposit boxes, night depository, direct deposit, and official check services. In addition, the company provides Peoples Wealth Management, a division of Peoples Advisors, LLC, provides wealth management products and services, including investment portfolio management, estate planning, annuities, business succession planning, insurances, education funding strategies, and tax planning. Peoples Financial Services Corp. services its individual and commercial customers through 11 full-service community banking offices located in the Lackawanna, Susquehanna, and Wyoming counties of Northern Pennsylvania; and Broome county of Southern New York. The company, through its other subsidiary, Peoples Wealth Management LLC, also provides investment advisory services to the general public. Peoples Financial Services Corp. was founded in 1905 and is headquartered in Hallstead, Pennsylvania.