FNB Corporation Completes Acquisition of UB Bancorp
F.N.B. Corporation completed its acquisition of Greenville, NC-based UB Bancorp, including its wholly-owned banking subsidiary, Union Bank.
F.N.B. Corporation completed its acquisition of Greenville, NC-based UB Bancorp, including its wholly-owned banking subsidiary, Union Bank.
F.N.B. Corporation received all regulatory clearances for its proposed merger with UB Bancorp. The proposed merger between FNB and UB Bancorp will further increase FNB’s presence in North Carolina, where the combined organization will operate approximately 100 convenient locations.
F.N.B. Corporation and UB Bancorp signed a definitive merger agreement for FNB to acquire UB Bancorp, including its wholly-owned banking subsidiary, Union Bank.
F.N.B. Corporation and its banking subsidiary, First National Bank, promoted Brent J. Semachko to director of corporate responsibility.
F.N.B. Corporation completed its merger with Baltimore-based Howard Bancorp on Jan. 22. The customer and branch branding conversion is scheduled to be finalized on Feb. 7.
F.N.B. Corporation received all regulatory clearances for its proposed merger with Howard Bancorp.
F.N.B. Corporation and Howard Bancorp signed a definitive merger agreement for FNB to acquire Howard, including its wholly-owned banking subsidiary, Howard Bank, in an all-stock transaction valued at approximately $418 million.
First National Bank, a subsidiary of F.N.B. Corporation, hired Paul Delmonte as senior vice president and commercial banking team leader in the company’s Capital Region. Delmonte previously served as a senior relationship manager for Huntington National Bank and M&T Bank.
F.N.B. Corporation launched F.N.B. Capital Partners, an SBIC licensed by the SBA. FNBCP will engage in mezzanine financing and private equity investments in middle-market companies.