Huntingdon Valley Bank recently completed a merger with Citizens Financial Services, Inc., the holding company for First Citizens Community Bank (FCCB).
Under the terms of the merger agreement, HVBC merged with and into CZFS with CZFS as the surviving corporation and HVB merged with and into FCCB with FCCB as the surviving institution.
This merger expands Citizens Financial Services’ presence in Montgomery, Bucks, and Philadelphia counties in Pennsylvania, and Burlington County in New Jersey.
“With this merger, we aim to provide an even more robust and comprehensive range of financial services and products to our customers,” Randall E. Black, CEO of FCCB, said in a statement. “By leveraging the synergies between our institutions, we will enhance our capabilities, expand our reach, and deliver the superior banking experience for which we are known to customers in and around the Philadelphia market.”
For more on Huntingdon Valley Bank, which was located at 2617 Huntingdon Pike, you can click here. For their press release about the merger, you can click here.
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