CMTY Community Bks Millersbur (MM)

HARRISBURG, Pa., Sept. 21 /PRNewswire-FirstCall/ -- Community Banks, Inc. (NASDAQ:CMTY) announces that CommunityBanks, its banking subsidiary, consummated its acquisition of Omega Financial Corporation's Sentry Trust Company ("Sentry"), located in Chambersburg, PA. With the acquisition, Sentry has become a part of CommunityBanks Trust & Asset Management, and will continue to operate as Sentry Trust Company. According to Eddie L. Dunklebarger, Chairman, President and CEO of Community Banks, Inc., "The addition of Sentry Trust Company is an important step in the expansion of our trust and asset management services. The acquisition adds depth to our trust administration services and provides CommunityBanks the capability to offer fiduciary services to the growing Cumberland Valley. At the same time, Sentry complements our banking expansion into Chambersburg this year." CommunityBanks operates 73 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 is a wholly owned subsidiary of CommunityBanks. This press release contains "forward-looking" information as defined by the Private Securities Litigation Reform Act of 1995, which is based on Community's current expectations, estimates, and projections about future events and financial trends affecting the financial condition of its business. These statements are not historical facts or guarantees of future performance, events, or results. Such statements involve potential risks and uncertainties and, accordingly, actual performance results may differ materially. Community undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new, updated information, future events or otherwise. DATASOURCE: Community Banks, Inc. CONTACT: Anthony N. Leo, Executive Vice-President of Community Banks, +1-717-920-1698, +1-717-920-1683, email: Web site: http://www.communitybanks.com/

Copyright