In Brief: Pennstar Starts Unit for Trust, Investment

SCRANTON, Pa. — Pennstar Bank has opened a trust and investment division.

From offices in the Pennstar Bank Financial Center in downtown Scranton, it is to offer fiduciary services, including investment management, trusts, and employee benefits.

Michael W. Duricko is overseeing the division as executive trust officer and director of trust and investments.

The division was opened last Tuesday.

Pennstar Bank, which has $1.1 billion of assets under management, has 40 branches in six counties in northeastern Pennsylvania and in Port Jervis, N.Y.

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