First Commonwealth Bank

Last updated
First Commonwealth Bank
Company type Public
NYSE:  FCF
S&P 600 component
Industry Banking and Finance
Founded(1857) as First Commonwealth Bank
(1982) as First Commonwealth Financial Corporation
Headquarters Indiana, Pennsylvania, United States
Area served
Western Pennsylvania, Central Pennsylvania, Central Ohio
Products Financial services
Number of employees
1,454 [1]
Parent First Commonwealth Financial Corporation
Website www.fcbanking.com

First Commonwealth Financial Corporation is a financial services company based in Indiana, Pennsylvania, primarily serving the Western and Central Pennsylvania as well as Canton, Ohio and Columbus, Ohio.

First Commonwealth has long served the Central Pennsylvania region, but began aggressively expanding into the Western part of the state in the early 2000s (decade), particularly Pittsburgh. In 2016, the bank purchased several Ohio-based banks growing its footprint. It is currently the fifth-largest bank in the Pittsburgh metropolitan area behind PNC Financial Services, Citizens Financial Group, First Niagara Bank, and privately held Dollar Bank. [2]

First Commonwealth is one of the few stronger banks that did not accept TARP funds in 2008. [3]

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References

  1. "Why First Commonwealth Bank? | First Commonwealth Bank".
  2. http://kdka.com/business/PNC.First.Niagara.2.978660.html%5B‍%5D
  3. "Bailout Recipients | Eye on the Bailout". Archived from the original on 2009-09-24. Retrieved 2009-09-24.
First Commonwealth branch footprint in southwestern Pennsylvania First Commonwealth footprint 2010-08.png
First Commonwealth branch footprint in southwestern Pennsylvania