Lafayette, PNC unit agree on deal's terms.

EASTON, Pa. -- Lafayette Bank of Easton said it has reached a definitive agreement to acquire three branches of Northeastern Bank, a subsidiary of Pittsburgh-based PNC Financial Corp.

The three Easton-area locations of Northeastern, which is based in Scranton, will bring Lafayette Bank's total to 16 in Lehigh and Northampton Counties. Northeastern has 50 community banking offices in northeastern Pennsylvania.

Lafayette Bank is one of six banking subsidiaries of Fulton Financial Corp., based in Lancaster, with $2 billion in assets.

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