PEOPLES SECURITY BANK AND TRUST

Peoples Security Bank and Trust is a Scranton-based financial service company that aims to become the premier in financial services. Peoples Security Bank & Trust Company was established in 1905 as the First National Bank of Hallstead located in Hallstead, Pennsylvania. In February 1965, First National Bank of Hallstead merged with the Hop Bottom Bank to form Peoples National Bank (PNB) of Susquehanna County. In 2010 Peoples National Bank completed a transition to a Pennsylvania State Banking charter resulting in a new name, Peoples Neighborhood Bank. In April 2014 Peoples Financial Services Corp., the holding company of Peoples Security Bank & Trust Company, began trading on the NASDAQ Stock Market under the ticker symbol “PFIS”.