F.N.B. completes merger with PVF
F.N.B. Corp., parent company of First National Bank of Pennsylvania, has announced that it has completed its merger with PVF Capital Corp., parent company of Park View Federal Savings Bank.
As a result of the merger, First National Bank will operate 29 banking offices in Ohio, including 18 in the greater Cleveland area. Prior to completing the merger, FNB obtained all required legal and regulatory approvals, and PVFC shareholders approved the transaction. Shares of PVF Capital Corp. will no longer be traded on the NASDAQ stock exchange.
“We look forward to serving our newest clients in the greater Cleveland area. We’re confident they will find value in the expertise of our financial professionals and the depth of our product set,” Vincent J. Delie Jr., president and CEO of F.N.B. Corp., said in a release.