TO BE RELEASED:

Monday, May 5, 1997



S&T Bancorp Finalizes Peoples Bank of Unity Merger

Indiana, Pennsylvania (Nasdaq NMS: STBA) - Officials 

of S&T Bancorp, Inc. announced today that the merger 

of Peoples bank of Unity into its principal 

subsidiary, S&T Bank, has been finalized.  Peoples 

Bank of Unity, with assets of $288 million, operated 

six offices in the eastern suburbs of Pittsburgh, 

including Plum Borough, Penn Hills, Monroeville, 

Oakmont and Holiday Park.  All of these offices will 

now operate under the S&T Bank name.



According to Robert D. Duggan, Chairman and chief 

executive officer of S&T Bancorp, "We understand the 

importance of providing personalized services to 

customers and we are committed to providing former 

Peoples Bank of Unity customers with exceptional 

service and to making even more financial products and 

services available to them."



Some of the new services available to former Peoples 

Bank of Unity customers include trust and investment 

management, discount brokerage as well as a full array 

of commercial lending services including cash 

management and commercial loans.  S&T Bank also offers 

a wide range of products and services designed to meet 

the financial needs of individual consumers. 



Mr. Duggan added, "This merger is consistent with our 

strategic plan to expand S&T's presence further into 

Allegheny County.  Peoples Bank was a high performing 

community bank with a reputation for exceptional 

customer service."





With the acquisition of Peoples Bank of Unity, S&T 

Bancorp's assets increased to approximately $1.8 

billion.  Headquarted in Indiana, PA, S&T Bank, the 

principal subsidiary of S&T Bancorp, Inc., operates 39 

offices within Allegheny, Armstrong, Clearfield, 

Indiana, Jefferson and Westmoreland counties.  S&T 

Bancorp stock trades on the Nasdaq National Market 

System under the symbol STBA.