Acquisition of PVF Capital Is Complete, F.N.B. Says
HERMITAGE, Pa. -- The 18 offices of Park View Federal Savings Bank, Solon, Ohio, are now branches of First National Bank of Pennsylvania.
The signs proclaiming the new identity went up Saturday, a bank spokeswoman said Tuesday.
Saturday was the day F.N.B. Corp.’s acquisition of PVF Capital Corp. was completed, F.N.B. announced Tuesday. First National Bank is the largest subsidiary of F.N.B.; PVF Capital was a one-bank holding company.
With the 18 former Park View offices, First National Bank of Pennsylvania has 29 offices in Greater Cleveland. It is establishing a regional headquarters at 55 Public Square in downtown Cleveland and its office in that building is scheduled to open later this month.
With the former PVF Capital incorporated into F.N.B., F.N.B. has assets of $13.4 billion and First National Bank has 265 offices in Ohio, Pennsylvania, West Virginia and Maryland.
Copyright 2013 The Business Journal, Youngstown, Ohio.
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