Omega Financial Corporation
Omega Bank was a subsidiary of Omega Financial Corporation (NASDAQ: OMEF), a $1.8 billion institution headquartered in State College, PA. Omega Bank operated 64 community offices and drive thru operations in 13 counties, and operated affiliates including Bank Capital Leasing, Omega Bank Wealth Management, Mid Penn Insurance, and Omega Financial Mortgage Solutions. Omega Bank was named to American Banker’s list of top 200 mid-tier banks ranked by three-year average return on equity, and was ranked 11th among banks in Pennsylvania. Its parent company, Omega Financial, had previously been added to NASDAQ’s Dividend Achievers Index, designed to offer a unique approach for NASDAQ investors seeking a long-term portfolio of higher risk-adjusted returns. Members of this index are typically companies with strong cash reserves, solid balance sheets and a proven record of consistent earnings growth. The merger of Omega Financial Corporation and F.N.B. Corporation was completed on April 1, 2008.
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