Community Banks Closes on Purchase of Pa.’s Wiley Agency

Community Banks, Inc. has completed its acquisition of Wiley Insurance Agency, Inc., located in Mt. Joy, Pennsylvania.

Wiley has now become a part of CommunityBanks Insurance Services, LLC, but will continue to operate as Wiley Insurance Agency.

In conjunction with the acquisition, Community Banks, Inc. also appointed Michael M. Hotchkiss, formerly president of Wiley, to be the chief operating officer of CommunityBanks Insurance Services.

Community Banks, Inc. is the parent company of CommunityBanks, which operates 73 banking offices throughout central and eastern Pennsylvania, and northern Maryland. In addition to banking services, CommunityBanks offers insurance, investment, trust and asset management and title and settlement services. CommunityBanks Insurance Services, LLC is a wholly owned subsidiary of CommunityBanks.

Source: Community Banks, Inc.