Peoples Financial Services Corp., a bank holding company incorporated under the laws of Pennsylvania, provides a full range of financial services through its wholly-owned direct and indirect subsidiaries, Including Peoples Security Bank and Trust Company (the "Bank ") and 1 st Equipment Finance, Inc. The Bank is a state-chartered bank and trust company under the jurisdiction of the Pennsylvania Department of Banking and Securities and the Federal Deposit Insurance Corporation. The bank's 40 community banking offices are similar in terms of economic characteristics, and they share most of the following aggregated standards: products and services; operational processes; customer base; delivery systems; and regulatory oversight.
