First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Corporation (FNB), continues to increase its branch network in the Pittsburgh region with the opening of a new office in the downtown Sewickley Borough. The new Sewickley location, which opens on Monday, March 12, 2012, expands First National Bank’s presence in the western suburb of Pittsburgh.
“We have been very involved in the Sewickley community for some time,” notes Vincent J. Delie, Jr., CEO of First National Bank and President and CEO of F.N.B. Corporation. “We’ve consistently invested in the future of the Sewickley area by providing financial backing for community and business development. We’ve taken that commitment one step further by becoming a part of the community, and we can now offer our financial services to the businesses and organizations we’ve been supporting for some time.”
First National Bank will occupy 3,000 square feet of a newly constructed 10,000 square foot office building located in the downtown Sewickley Borough at 604 Beaver Street. The new full service Sewickley branch will offer comprehensive wealth management and private banking services, as well as a full-service drive up kiosk and off street parking.
The Sewickley branch of First National Bank is the third de novo location to open since First National Bank announced in the summer of 2011 its plans for three new Pittsburgh banking locations. The Bank opened an office in Butler Commons in the fourth quarter 2011 as well as a location in Shadyside early in the first quarter 2012.
First National Bank, the fourth largest Pennsylvania-headquartered bank, has more than 260 locations throughout Pennsylvania, Eastern Ohio and West Virginia, with approximately one-third of those locations serving the greater Pittsburgh area. The Company now holds the number three retail deposit market share rank in the Pittsburgh metropolitan area, making it one of very few U.S. banks with total assets under $12.0 billion to have achieved a top three deposit market share in a major metropolitan market.
Additionally, First National Bank was recently named as a winner of six 2011 Greenwich Excellence in Banking Awards in Small Business Banking and Middle Market Banking, recognition based solely on client satisfaction.
Pittsburgh native Gerard Gloekler will serve as Manager of the Sewickley location. The community is invited to stop by the new Sewickley branch, located at 604 Beaver Street, to meet the local staff. Light refreshments will be served March 12 through March 17.
About First National Bank of Pennsylvania First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), has over 260 full-service locations in Pennsylvania, Ohio and West Virginia.
About F.N.B. Corporation F.N.B. Corporation, headquartered in Hermitage, PA, is a diversified financial services company with total pro forma assets of $11.6 billion. F.N.B. Corporation is a leading provider of commercial and retail banking, leasing, 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, Regency Finance Company and F.N.B. Commercial Leasing. It also operates consumer finance offices in Kentucky and Tennessee.
The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol “FNB” and is included in Standard & Poor’s SmallCap 600 Index with the Global Industry Classification Standard (GICS) Regional Banks Sub-Industry Index. Investor information is available on F.N.B. Corporation’s Web site at www.fnbcorporation.com.
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