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Community Banks, Inc. (NASD: CMTY) is the parent company of CommunityBanks, which operates 72 banking offices throughout central and eastern Pennsylvania, and northern Maryland. In addition to banking services, CommunityBanks offers complete insurance, investment, trust & asset management and title & settlement services. CommunityBanks Insurance Services, LLC, a full service insurance agency, is a wholly owned subsidiary of CommunityBanks.
In late 2005, seeking to expand its insurance services, achieve size and scale, and to complement its banking expansion into the Mount Joy, Pennsylvania market, Community Banks, Inc. capitalized on an opportunity to acquire the Wiley Insurance Agency, Inc.
Curtis Securities served as Community Banks, Inc's exclusive financial advisor in connection with this transaction, assisting in structuring and negotiating the terms of the transaction.
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