Bank holding company offering banking and financial services through its subsidiary, Peoples Security Bank and Trust Company.
Peoples Financial Services Corp. operates as a pivotal bank holding company overseeing the operations of Peoples Security Bank and Trust Company, a cornerstone institution providing a wide array of financial services. Established in 1905 and headquartered in Scranton, Pennsylvania, Peoples Financial Services Corp. serves a diverse clientele that includes retail customers, businesses, non-profits, governmental entities, and professional organizations.
At the core of its banking offerings, Peoples Financial Services Corp. facilitates a comprehensive range of deposit accounts such as money market, NOW, savings, individual retirement, demand deposit, and certificates of deposit. Complementing its deposit services, the company extends various lending options including residential real estate, automobile, manufactured housing, personal, home equity, commercial real estate, working capital, construction, small business administration, agricultural, and commercial loans tailored to meet the financial needs of its clientele.
Beyond traditional banking services, Peoples Financial Services Corp. distinguishes itself through its robust suite of wealth management and trust services. These encompass investment management, IRA trustee services, estate administration, insurance trust arrangements, pension and profit sharing plans, and corporate trust services. The company also provides comprehensive financial planning solutions, including estate and business succession planning, annuities, retirement planning, and tax strategies, ensuring holistic financial advisory and management capabilities for its customers. With a commitment to technological innovation, Peoples Financial Services Corp. offers modern banking conveniences such as online and telephone banking, remote deposit capture, cash management solutions, automated teller machine services, and merchant line of credit facilities, further enhancing its customer service offerings and operational efficiency.