Peoples Security Bank and Trust Co. and FNCB Bank will merge in a transaction expected to close in the first half of 2024. According to published reports, Peoples Financial Services Corp. of Scranton and FNCB Bancorp of Dunmore, the bank holding companies of Peoples and FNCB Bank, respectively, announced Wednesday that they will merge under a definitive agreement unanimously approved by the boards of both companies. The combined bank will operate under the Peoples Security Bank and Trust Co. brand, according to the announcement.
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