KNBT Bancorp Buys Caruso Benefits

KNBT Bancorp Inc., the holding company for Keystone Nazareth Bank & Trust Co., announced the completion of the acquisition of Caruso Benefits Group Inc., a benefits management firm based in Bethlehem, Penn. KNBT previously announced entering into the agreement to purchase the Company on February 28. Caruso Benefits specializes in employee benefits management with an emphasis on group medical, life and disability and is the largest employee benefit retailer and wholesaler in the Lehigh Valley and surrounding regions. Founded in 1971 by Michael J. Caruso, CLU, ChFC, the company services cl...