F.N.B. entered its next phase of strategic expansion in Virginia, including further growth of its retail network in the greater Washington, D.C., area and plans to extend its commercial banking operations into Richmond, VA, with a new loan origination center.
Along with its growing physical presence, FNB aims to utilize its digital delivery channel, including its eStore kiosks and enhanced deployment of its ATMs and Interactive Teller Machines (ITMs), to further facilitate safe and convenient access to financial products, services and education in its markets, including for low- to moderate-income and marginalized communities.
“Our goal with expansion is to continue adding resources for the markets we serve in D.C., Virginia and throughout our multistate footprint,” Vincent J. Delie, Jr., chairman, president and CEO of F.N.B. and First National Bank, said. “By pairing our digital banking capabilities and eStore with a growing physical network and local banking experts, we can more effectively increase our reach to serve all consumers and businesses in a broader geographic area.”
FNB expects to operate a total of at least 11 First National Bank offices serving northern Virginia and the Washington, D.C. metropolitan area by 2024 — adding to the seven it currently operates in the markets — and has filed applications with the office of the comptroller of the currency to open branches in Reston and Arlington, VA. The new branch locations will deploy FNB’s modern concept approach, integrating innovative technology and premium customer service to deliver a superior banking experience. FNB also has plans to increase ATM service to supplement its regional branch network and continue to increase access in vulnerable areas.
In continuing its expansion across the commonwealth, FNB will bolster its commercial banking operations with a new loan origination center in Richmond. Coupled with plans to hire additional bankers in the market, this new office will extend FNB’s coverage deeper into Virginia and foster additional business opportunities and access to capital and lending services for businesses in Richmond and its surrounding areas, including Charlottesville, Norfolk, Hampton Roads, Virginia Beach and Newport News.
FNB hired John Wesley “Wes” York as senior vice president of commercial banking to lead its growth in Richmond, VA. An industry veteran with more than two decades of financial services experience in Virginia and Washington, D.C., York most recently was a senior vice president and commercial banking team leader with SouthState Bank.
