First Commonwealth Financial Corp.’s banking subsidiary, First Commonwealth Bank has completed the purchase of 14 central Pennsylvania retail banking locations from Santander Bank, N.A. This transaction, first announced in April, expands First Commonwealth’s presence into the markets of State College, Lock Haven, Williamsport and Lewisburg.
“With the legal close and conversion successfully completed, we can now turn our attention toward serving the needs of nearly 23,000 new consumer and business households and expanding our commercial presence in these great new markets,” First Commonwealth Financial Corporation President and CEO T. Michael Price said, in a statement.
First Commonwealth has converted the acquired branches and transitioned all customer accounts, with all 14 locations opened as First Commonwealth Bank branches with First Commonwealth signage on Sept. 9, 2019.
First Commonwealth Financial Corp., headquartered in Indiana, Pennsylvania, is a financial services company with 147 community banking offices in 28 counties throughout western and central Pennsylvania and throughout Ohio, as well as business banking centers in Pittsburgh, and Canton, Cleveland and Columbus, Ohio. The company also operates mortgage offices in Wexford, as well as Hudson and Lewis Center, Ohio.