Peoples Financial Services Corp. (PFIS), the holding company of Scranton-based Peoples Security Bank and Trust Co., recently announced Thomas Tulaney, PFIS president and bank director will retire on April 3.
Tulaney has more than 40 years of banking experience and assumed his current roles in January 2025. He worked closely with the CEO, executive leadership team and the board of directors to strengthen the bank’s financial performance, drive sustainable growth and create long-term value for shareholders.
After retiring, Tulaney will serve as a senior adviser, assisting with the leadership transition, providing strategic assistance and, if needed, remaining involved in customer relationships and community development.
PFIS anticipates CEO Gerard Champi will assume the additional role of president once Tulaney retires. His appointment is subject to the company’s Nominating and Corporate Governance Committee’s further review and recommendation.
Peoples Security Bank and Trust Co. is an independent community bank serving retail and commercial customers at 40 full-service community banking offices located in Allegheny, Bucks, Lackawanna, Lancaster, Lebanon, Lehigh, Luzerne, Monroe, Montgomery, Northampton, Susquehanna, Wayne and Wyoming counties as well as one county in New York and one in New Jersey. The bank offers a comprehensive array of financial products and services to individuals, businesses, not-for-profit organizations and government entities.