Two small Pennsylvania banks have hired T.H.E. Financial Group Ltd., a third-party marketing firm, to provide investment products.

Peoples State Bank, East Berlin, and Mifflinburg Bank and Trust Co. signed contracts in early December, said Debra Donadee, vice president of T.H.E. Financial, Mechanicsburg, Pa.

The marketing firm plans to hire two investment representatives to sell mutual funds, annuities, and insurance at the banks, Ms. Donadee said. Peoples has $300 million of assets and six branches. Mifflinburg, which has $174 million of assets, has four offices.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.