Pittsburgh-based First National Bank recently announced plans to open a Washington, D.C., location.
The bank is F.N.B. Corp.’s largest subsidiary.
F.N.B. also has plans to develop additional locations in the D.C. and northern Virginia area.
“We’ve been extremely encouraged by our commercial success in the Washington, D.C., market and look forward to continuing this growth trend for our retail products and services,” Vincent J. Delie, Jr., F.N.B. and First National Bank chairman, president and CEO, said. “We offer the technology, products, and services of a larger institution while maintaining a personal touch and customized financial solutions, positioning customers to better achieve financial success.”
The future First National Bank location is part of a larger strategy to enhance the company’s corporate banking efforts in attractive markets. There currently are nearly 30 branches in F.N.B.’s Mid-Atlantic Region.
FNB’s retail delivery strategy is its Clicks-to-Bricks initiative. The initiative uses technology along with products and services to provide customers with a fully-digital banking platform integrating in-branch, online, and mobile banking experiences. Branch employees also are being equipped with iPads.
First National Bank has approximately 380 banking locations in Maryland, North Carolina, Ohio, Pennsylvania, South Carolina, and West Virginia. The company has assets totaling nearly $34 billion.