Peoples Financial and FNCB Bancorp Receive Shareholder Approval for Merger

Peoples Financial Services and FNCB Bancorp announced that at special meetings of their respective shareholders held on March 22, Peoples and FNCB shareholders approved the merger of FNCB with and into Peoples, with Peoples as the surviving corporation pursuant to the agreement and plan of merger, dated as of Sept. 27, 2023, by and between Peoples and FNCB. The closing of the proposed merger remains subject to regulatory approvals and certain other customary closing conditions.

Peoples Financial Services is the bank holding company of Peoples Security Bank and Trust Company, an independent community bank serving retail and commercial customers through 28 community banking office located in Pennsylvania, New Jersey and New York.

FNCB Bancorp, Inc. is the bank holding company of FNCB Bank, a community bank in northeastern Pennsylvania with 16 locations.

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Terry Mulreany
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