F.N.B. Corp. Completes Acquisition of BCSB Bancorp
HERMITAGE, Pa. -- F.N.B. Corp., parent of First National Bank of Pennsylvania, completed its acquisition of BCSB Bancorp Inc., parent of Baltimore County Savings Bank, Feb. 15, F.N.B. nnounced Tuesday As a result, First National Bank holds a top-10 market share in Greater Baltimore and operates 24 banking offices in Maryland.
Following the completion of the acquisition, F.N.B. has assets of $14.2 billion and more than 280 banking offices throughout Pennsylvania, Ohio, West Virginia and Maryland.
"We look forward to providing full-service banking solutions to our newest clients in the greater Baltimore area," said Vincent J. Delie Jr., president and CEO of F.N.B. Corp., in a prepared statement. "We are confident they will find value in the expertise of the F.N.B. team, as well as our deep product set that includes commercial and consumer banking, wealth and insurance solutions."
The regional headquarters of First National Bank are in downtown Baltimore. In March, clients will have access to a full-service branch on the first floor of the headquarters building, now known as the First National Bank building.
F.N.B. Corp. is a regional diversified financial services company that operates in six states and three major metropolitan areas, Pittsburgh, where it holds the No. 3 retail deposit market share, Baltimore and Cleveland.
Published by The Business Journal, Youngstown, Ohio.
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