First Commonwealth Financial (FCF) Declares $0.10 Quarterly Dividend; 3% Yield

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First Commonwealth Financial (FCF) to Acquire 14 Santander Bank Branches in Central Pennsylvania

April 22, 2019 5:17 PM EDT

First Commonwealth Financial Corporation (NYSE: FCF) today announced that its banking subsidiary, First Commonwealth Bank (First Commonwealth), has signed a definitive agreement to acquire 14 branches located in State College, Lock Haven, Williamsport and Lewisburg, Pennsylvania, with approximately $525 million of deposits and $120 million of retail and business loans (as of March 31, 2019) from Santander Bank, N.A. (Santander).

The contiguous expansion of our footprint into these new towns, which have complementary demographics and culture to our core... More