Peoples Security Bank to purchase Moosic, PA property for $19.5M plus $3M renovations

PEOPLES FINANCIAL SERVICES CORP.

Purchase price of $19.5M for real property at 30 E.D. Preate Drive, Moosic, PA.
Additional $3M payment for roof replacement, parking lot upgrades, office improvements, HVAC, and boiler.
Up to $500,000 for office fit-out costs; closing no later than June 30, 2026.
Bank currently leases a portion of the Property; all leases will be assigned to Purchaser at closing.
Agreement includes 'as-is' sale, with Seller making no representations beyond limited warranties.

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