First Commonwealth Bank completed the purchase of 14 central Pennsylvania retail banking locations from Santander Bank. This transaction expands First Commonwealth’s presence into the markets of State College, Lock Haven, Williamsport and Lewisburg.
“With the legal close and conversion successfully completed, we can now turn our attention toward serving the needs of nearly 23,000 new consumer and business households and expanding our commercial presence in these great new markets,” said First Commonwealth Financial President and CEO T. Michael Price. “We are a mission-driven community bank, and look forward to serving these communities and improving the financial lives of its businesses and their families for many years to come.”
First Commonwealth has converted the acquired branches and transitioned all customer accounts, with all 14 locations opened as First Commonwealth Bank.
First Commonwealth Financial, headquartered in Indiana, PA, is a financial services company with 147 community banking offices in 28 counties throughout western and central Pennsylvania and Ohio.