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Gratz Bank transferring trust account services to Fidelity Deposit

Gratz, Pa.-based Gratz Bank, a unit of GNB Financial Services Inc., will stop offering trust account services as it agreed to transfer its trust business and accounts to Dunmore, Pa.-based Fidelity Deposit and Discount Bank, a unit of Fidelity D & D Bancorp Inc., from its Minersville, Pa., branch.

In connection with the agreement, Jim O'Brien will become a part of Fidelity Bank's wealth management team once the deal is completed.

Bybel Rutledge LLP acted as legal counsel for Fidelity D & D Bancorp and Fidelity Deposit and Discount Bank, while Diehl Dluge Michetti & Michetti's Joseph Michetti Jr. acted as legal counsel for Gratz Bank and GNB.