Farmers National Banc Corp., through its subsidiary National Associates, Inc., completed the acquisition of Crest Retirement Advisors LLC on December 16, 2024. This strategic move is designed to bolster the company's diversified financial services offerings.
The acquisition is expected to be immediately accretive to Farmers National Banc's earnings, signaling a positive financial contribution from the outset. Crest provides customized retirement plans and ongoing administrative services to small businesses, aligning with Farmers' broader service expansion goals.
While Crest will maintain its brand identity, it is slated to merge with National Associates Inc., which is Farmers' existing retirement advisor company operating out of Fairview Park, Ohio. This integration aims to enhance the combined entity's capabilities and market reach in the retirement consulting sector.
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