Kish Bank acquires Benefit Management practice
LEWISTOWN –William P. Hayes, chairman, president and CEO of Kish Bank, announced that the bank’s acquisition of the employee benefit practice of Benefit Management Group Inc. has been completed. The bank and Jeffrey A. Gum, principal of BMG, announced the signing of the definitive agreement in late August of this year.
Operating as a separate division of Kish Bank, the BMG practice closely aligns with the business services offered through Kish’s business banking and commercial lending teams and through its property and casualty insurance and wealth management divisions. BMG will continue to serve its clients from its current office located at 10 N. Dorcas St. in Lewistown. Gum will join Kish Bank as vice president and managing director of Kish’s benefit management practice.
Kish Bank is an $808 million regional community bank that operates fourteen offices and financial centers in Centre, Huntingdon and Mifflin counties. Affiliates of Kish Bank include: Kish Insurance, Kish Financial Solutions and Kish Travel. For additional information, visit www.kishbank.com. Kish Bank is a subsidiary of Kish Bancorp Inc., trading under the OTC stock ticker symbol of KISB.
Benefit Management Group is an employee benefits consulting practice that provides employee benefits advisory and brokerage services to small and mid-size companies across Pennsylvania and the mid-Atlantic region, including healthcare and benefits plan design, employee communication and education, regulatory compliance, wellness planning and cost containment solutions. For additional information, visit Benefit Management Group
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