FNB Corporation, a Pennsylvania-based diversified financial services company, has completed its integration with BCSB Bancorp as part of a strategy to bolster retail banking footprint in Baltimore, US.
FNB is the parent company of First National Bank, while BCSB operates as the parent company of Baltimore County Savings Bank.
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Following the completion of merger, which received approval from the concerned regulators, First National Bank will manage a total of 24 banking offices in Maryland, whereas it currently operates over 280 branches across four states in US.
FNB Corporation president and CEO, Vincent J Delie, Jr., said that the company will provide full-service banking solutions to its newest clients in the greater Baltimore area.
"We are confident they will find value in the expertise of the FNB team, as well as our deep product set that includes commercial and consumer banking, wealth and insurance solutions," Delie, Jr., added.
Customers will now have access to an expanded local branch network, as well as First National Bank’s comprehensive selection of products and services that include commercial and consumer banking services, wealth management, online and mobile banking options.
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By GlobalData
