Lockport Savings Bank has announced that it will buy one of the largest full-service insurance agencies in western New York State.

The $1.3 billion-asset thrift plans to buy Warren-Hoffman & Associates Inc., the second-largest full-service insurance agency in western New York, with offices in Buffalo, Niagara Falls, and Williamsville. Terms of the deal, which is expected to close by January, were not disclosed.

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