Peoples Financial Services Corp. (PFIS)

Overview

Peoples Financial Services Corp. functions as the parent company for Peoples Security Bank and Trust Company, providing a wide spectrum of commercial and retail banking services. With its origins tracing back to 1905, the company has established a substantial presence in Scranton, Pennsylvania. Peoples Financial Services Corp. caters to a diverse clientele, including businesses, non-profits, governmental entities, municipal agencies, professionals, and retail customers, employing an inclusive approach toward financial servicing and management.

Products and Services

The wide array of products and services offered by Peoples Financial Services Corp. is designed to meet the needs of its varied customer base, providing support through various stages of financial growth and requirements.

• Deposit Accounts: These include money market, negotiable order of withdrawal, savings, individual retirement, and demand deposit accounts, along with certificates of deposit, catering to the preservation and growth of personal and business finances.
• Loan Services: The bank offers residential real estate, automobile, manufactured housing, personal, and home equity loans for individuals, as well as commercial real estate, working capital, construction, small business administration, agricultural loans, and loans for equipment and other commercial needs and mineral rights, supporting both personal and business financial growth.
• Fiduciary and Investment Services: Includes investment management, IRA trustee, estate administration, living and life insurance trust, trustee under will, guardianship, custodial/IRA custodial, and corporate trust services, as well as pension and profit-sharing plans, providing a comprehensive suite of services for estate planning and investment.
• Wealth Management: The company offers investment portfolio management, estate and business succession planning, annuities, insurance, retirement plan and tax planning, as well as education funding strategies, tailored to the wealth preservation and growth needs of customers.
• Securities and Brokerage: Peoples Financial Services Corp. provides securities, brokerage, and investor services, catering to the investment needs and financial growth of its clients.
• Small Business Services: Tailored services for small businesses including checking and merchant money market accounts, online and telephone banking, business credit cards, merchant line of credit, and financial checkup services, designed to support the operational and financial efficiency of small businesses.
• Transaction and Cash Management Services: Offers remote deposit capture, automatic clearing house transaction, cash management, automated teller machine, point of sale transaction, safe deposit box, night depository, direct deposit, and official check services, aimed at providing seamless transactional and cash management solutions to businesses and individuals.