The Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) has recognized First National Bank as one of the recipients of the 2008 Pillars of the Community Award. The is one of only three annual awards that honors financial institutions for outstanding work that creates housing for lower-income families and that promotes community stability and revitalization throughout Delaware, Pennsylvania and West Virginia.
Rhoan Hernandez, Vice President for Real Estate Services at First National Bank, accepted the award June 10 at the FHLBank Pittsburgh's Regional Conference in
Pittsburgh. In honor of First National Bank's achievement, FHLBank Pittsburgh made a $1,000 charitable contribution to the F.H. Buhl Park Foundation.
In all of the communities it serves in Pennsylvania and Ohio, First National Bank is a leader in community service and economic advancement. The Bank offers a specially designed Family Home Ownership Program that utilizes the FHLBank's "First Front Door" lending product. In addition, the Bank's Family Home Improvement Rehabilitation Program provides valuable financing options for first time home buyers to rehabilitate residences, The Bank also contributes to various housing and minority assistance organizations.
In 2007, First National Bank contributed nearly $12 million to programs aimed at stabilizing communities and neighborhoods, including housing and economic stimulus projects. First National Bank's culture of community giving and involvement includes encouraging its employees to actively participate in civic activities and organizations.
"Community banks are only as strong as the communities they serve," noted Hernandez. "At First National Bank we consider it our mission to help strengthen the communities in which we do business."
About First National Bank of Pennsylvania:
First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), has over 215 full-service locations in Pennsylvania and Ohio, and loan production offices in Florida and Tennessee.
About F.N.B. Corporation
F.N.B. Corporation, a diversified financial services company headquartered in Hermitage, PA, has total assets of approximately $8 billion, including the recently acquired Omega Financial Corporation. F.N.B. is a leading provider of banking, wealth management, insurance, merchant banking and consumer finance services in Pennsylvania and Ohio, where it owns and operates First National Bank of Pennsylvania, First National Trust Company, First National Investment Services Company, LLC, F.N.B. Investment Advisors, Inc., First National Insurance Agency, LLC, F.N.B. Capital Corporation, LLC, and Regency Finance Company. It also operates consumer finance offices in Tennessee and loan production offices in Tennessee and Florida.
Mergent Inc., a leading provider of business and financial information about publicly traded companies, has recognized F.N.B. Corporation as a Dividend Achiever. This annual recognition is based on the Corporation's outstanding record of increased dividend performance. The Corporation has consistently increased dividend payments for 35 consecutive years.
The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol FNB. Investor information is available on F.N.B. Corporation's Web site at http://www.fnbcorporation.com.
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