CB Financial Services Inc. on Monday announced the merger of its subsidiary, Exchange Underwriters, and Pittsburgh-based Beynon Insurance, effective Wednesday. Terms were not disclosed.
Based in Carmichaels, CB Financial (Nasdaq: CBFV) is one of the Pittsburgh region’s largest financial institutions.
Beynon Insurance, established in 1912, is part of Beynon Real Estate and Insurance Co. Exchange Underwriters, based in Washington, Pennsylvania, started in 1952.