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About
S&T Bancorp, Inc. is a bank holding company. The company through its subsidiaries, S&T Bank, 9th Street Holdings, Inc. and STBA Capital Trust I offers financial services and insurance solutions for both business and individual clients. It operates through three segments: Community Banking, Wealth Management and Insurance. The Community Banking segment offers services, which include accepting time and demand accounts, originating commercial and consumer loans and providing letters of credit and credit card services. The Wealth Management segment offers discount brokerage services, services as executor and trustee under wills and deeds, guardian and custodian of employee benefits and other trust and brokerage services, as well as a registered investment advisor that manages private investment accounts for individuals and institutions. The Insurance segment includes a full-service insurance agency offering commercial property and casualty insurance, group life and health coverage, employee benefit solutions and personal insurance lines. S&T Bancorp was founded on March 17, 1983 and is headquartered in Indiana, PA. | |||
Description
S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides a range of financial services. It operates through three segments: Community Banking, Wealth Management, and Insurance. The Community Banking segment accepts time and demand deposits; and originates commercial and consumer loans. The Wealth Management segment provides discount brokerage services, guardian and custodian of employee benefits, and other trust and brokerage services, as well as acts as a registered investment advisor that manages private investment accounts for individuals and institutions. This segment also provides services as an executor and trustee under wills and deeds. The Insurance segment operates as a full-service insurance agency, which offers commercial property and casualty insurance, group life and health coverage, employee benefit solutions, and personal insurance lines. As of February 8, 2017, the company operated 64 offices located in 17 counties in Pennsylvania and Ohio; and 2 loan production offices in Ohio and New York. S&T Bancorp, Inc. was founded in 1902 and is headquartered in Indiana, Pennsylvania. | |||
