CommunityBanks Inc., Harrisburg, Pa., has announced the acquisition of Erie Financial Group Inc., a mortgage banking company with offices in York, Pa., and Gaithersburg, Md.The terms of the deal were not disclosed. Erie will continue to operate as a subsidiary of CommunityBanks, and Sandy Korman will remain as its president and chief executive officer, CommunityBanks said. Mr. Korman will also become senior vice president of CommunityBanks and oversee the bank's residential mortgage operations. The company can be found on the Web at http://www.communitybanks.com.
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