F.N.B. Corp. to Open Regional HQs in Cleveland
HERMITAGE, Pa. -- First National Bank of Pennsylvania will establish a regional headquarters in downtown Cleveland and move into offices in the 55 Public Square building there sometime in the fourth quarter, Vincent J. Delie Jr. announced today. Delie is the president and CEO of F.N.B. Corp., parent of First National Bank.
First National Bank will have a full-service office on the first floor of the building and have its offices on the 14th.
The pending acquisition of PVF Capital Corp., Solon, Ohio, holding company of Park View Federal Savings Bank, prompted First National Bank to sign a lease for the space, the announcement said. Park View has 16 offices in Greater Cleveland. F.N.B. has secured regulatory approval of its intent to acquire PVF, Delie said.
First National Bank signed its lease with Optima Public Square 55 LLC.
Once the acquisition of PVF is completed, First National Bank will have more than 25 offices in northeastern Ohio, the announcement said. It has offices in downtown Youngstown, Boardman, Austintown, Canfield, Brookfield, Liberty and Hubbard in the Mahoning Valley.
Housed in the 14th-floor offices of 55 Public Square will be commercial and retail banking representatives as well as wealth-management staff, First National Bank said.
A company spokeswoman could not say how the Park View headquarters in Solon might be affected.
First National Bank, which has assets that exceed $12 billion, has a network of more than 250 offices that extend from Maryland across Pennsylvania and into Ohio and West Virginia.
Published by The Business Journal, Youngstown, Ohio.
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