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Peoples Security Bank and Trust
United States
01 Jan 1905 (120 Years)
Last online: No recent activity
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Peoples Security Bank and Trust
Company Information
Get to know Peoples Security Bank and Trust
Peoples Security Bank and Trust is a Scranton-based financial service company that aims to become the premier in financial services. Peoples Security Bank & Trust Company was established in 1905 as the First National Bank of Hallstead located in Hallstead, Pennsylvania. In February 1965, First National Bank of Hallstead merged with the Hop Bottom Bank to form Peoples National Bank (PNB) of Susquehanna County. In 2010 Peoples National Bank completed a transition to a Pennsylvania State Banking charter resulting in a new name, Peoples Neighborhood Bank. In April 2014 Peoples Financial Services Corp., the holding company of Peoples Security Bank & Trust Company, began trading on the NASDAQ Stock Market under the ticker symbol “PFIS”.
Industry
- Financial BankingPRIMARY
- Financial Insurance
- Financial Other Service
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