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PNB Ranked 11th Among Top 200 Community Banks by American Banker

May 30, 2013

American Banker published “Our Ranking of the Top 200 Community Banks” on April 29, 2013.  Peoples Neighborhood Bank was nationally ranked eleventh out of 200 community banks with less than $2 billion of assets. The ranking was based on the average return on equity (ROE) over a three year period, 2009-2012.  

Alan W. Dakey, PNB President and CEO stated “We are honored to be recognized as one of the top banks in the country for our financial performance.  I’m proud of our management team, our Board of Directors and all of our employees who contribute to our success and make recognition like this possible.   Our bank has been a strong performer for many years which has resulted in a return on average equity of 14.5% for the past three year period.”

AmericanBanker.com is a resource of information serving the banking and financial services community.  American Banker has received  more than 20 editorial prizes since 1980. Peoples Financial Services Corporation (OTC.BB PFIS), with headquarters in Hallstead PA  is the parent company of Peoples Neighborhood Bank  serving Lackawanna, Wyoming and Susquehanna Counties in Pennsylvania and Broome County in New York through twelve offices.  Office locations along with other pertinent information is available through the PNB’s website at www.PeoplesNatBank.com.