FCF First Commonwealth Financial Corporation

First Commonwealth Finalizes Conversion of Cincinnati’s Former CenterBank

First Commonwealth Finalizes Conversion of Cincinnati’s Former CenterBank

INDIANA, Pa., June 09, 2025 (GLOBE NEWSWIRE) -- First Commonwealth Bank, a subsidiary of First Commonwealth Financial Corporation (NYSE: FCF), completed its systems conversion and rebranding of the former CenterBank in Cincinnati, Ohio, over the weekend of June 6-8. 

Legal closing of the CenterBank acquisition was completed on April 30, 2025 and included $348.4 million in total assets, three branch locations, a loan production office, and a mortgage center. This transaction significantly increases First Commonwealth’s Cincinnati franchise and supports its commercially focused growth strategy by adding a customer base that is 65 percent business. As part of the integration, two separate Milford branch offices of the banks will consolidate into one office at 744 State Route 28, Milford, Ohio. Twenty-five former CenterBank employees have also transitioned into roles at First Commonwealth.

“I’m excited to welcome our new employees and our new personal and business banking customers to First Commonwealth Bank,” said T. Michael Price, President and CEO of First Commonwealth Financial Corporation.  “We have known the CenterBank team for a long time and believe its customer-focused, commercially oriented business model strongly aligns with our culture and enhances our existing Cincinnati growth plans in this highly attractive market.”

Amy McFarland, Regional President for Cincinnati, will continue as First Commonwealth’s lead executive in the market.

Customers with questions are encouraged to call First Commonwealth’s Engagement Center at (800) 711-BANK (2265), visit , email , or visit their local community office.

About First Commonwealth Financial Corporation

First Commonwealth Financial Corporation (NYSE: FCF), headquartered in Indiana, Pennsylvania, is a community bank committed to its mission of improving the financial lives of its neighbors and their businesses. First Commonwealth operates 127 branches throughout Pennsylvania and Ohio and also has business banking centers in Pittsburgh and Harrisburg, Pennsylvania; and Cleveland, Canton, Cincinnati and Columbus, Ohio. First Commonwealth, through subsidiaries First Commonwealth Bank and First Commonwealth Insurance Agency, provides a full range of commercial and retail banking services, including mortgage, wealth management and insurance solutions, along with equipment financing and SBA and indirect lending. For more information about First Commonwealth or to open an account today, please visit .

CONTACT:

Ron Wahl,

Communications/Media Relations Specialist

(724) 463-6806



EN
09/06/2025

Underlying

Reports on First Commonwealth Financial Corporation

 PRESS RELEASE

First Commonwealth Finalizes Conversion of Cincinnati’s Former CenterB...

First Commonwealth Finalizes Conversion of Cincinnati’s Former CenterBank INDIANA, Pa., June 09, 2025 (GLOBE NEWSWIRE) -- First Commonwealth Bank, a subsidiary of First Commonwealth Financial Corporation (NYSE: FCF), completed its systems conversion and rebranding of the former CenterBank in Cincinnati, Ohio, over the weekend of June 6-8.  Legal closing of the CenterBank acquisition was completed on April 30, 2025 and included $348.4 million in total assets, three branch locations, a loan production office, and a mortgage center. This transaction significantly increases First Commonwealt...

First Commonwealth Financial Corp: 1 director

A director at First Commonwealth Financial Corp bought 7,000 shares at 16.090USD and the significance rating of the trade was 73/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the las...

 PRESS RELEASE

First Commonwealth Completes Acquisition of CenterGroup Financial, Inc...

First Commonwealth Completes Acquisition of CenterGroup Financial, Inc. INDIANA, Pa., May 01, 2025 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) (“First Commonwealth”) today announced that it has completed its previously announced acquisition of CenterGroup Financial, Inc. (“CenterGroup”), the parent company of Milford, Ohio-based CenterBank. “We are pleased to announce the completion of the merger with CenterBank and are excited to expand our presence in the Cincinnati market,” said President and Chief Executive Officer T. Michael Price. “CenterBank has built ...

 PRESS RELEASE

First Commonwealth Announces First Quarter 2025 Earnings; Increases Qu...

First Commonwealth Announces First Quarter 2025 Earnings; Increases Quarterly Dividend INDIANA, Pa., April 29, 2025 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the first quarter of 2025. Financial Summary (dollars in thousands,For the Three Months Endedexcept per share data)March 31, December 31, March 31,  2025   2024   2024 Reported Results     Net income$32,696  $35,849  $37,549 Diluted earnings per share$0.32  $0.35  $0.37 Return on average assets 1.14%  1.23%  1.31%Return on average equity 9.28%  10.16%  11.40%      ...

 PRESS RELEASE

First Commonwealth to Host First Quarter 2025 Earnings Conference Call...

First Commonwealth to Host First Quarter 2025 Earnings Conference Call on Wednesday, April 30, 2025 INDIANA, Pa., April 10, 2025 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) announced today that it will host a conference call on Wednesday, April 30, 2025 at 2:00 p.m. Eastern Time to discuss financial results for the quarter ended March 31, 2025. The call will be hosted by T. Michael Price, President and Chief Executive Officer. He will be joined by James R. Reske, Executive Vice President and Chief Financial Officer, Jane Grebenc, Executive Vice President and C...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch