The Federal Deposit Insurance Corporation (FDIC) approved a Bank Merger Act (BMA) application submitted by WesBanco Bank to acquire and merge with Premier Bank. The resulting bank will operate in West Virginia, Indiana, Kentucky, Maryland, Michigan, Pennsylvania and Ohio, and will operate under the name WesBanco Bank.
The transaction shall not be consummated until all necessary approvals, exemptions and/or non-objections have been obtained from all relevant federal and state regulatory authorities.
