Banks: F.N.B. Corporation completes take-over of Parkvale Financial Corporation
F.N.B. Corporation completed its take-over of Parkvale Financial Corporation on 1 January, 2012.
Shares of Parkvale Financial Corporation will no longer be traded on the NASDAQ stock exchange.
Parkvale Bank branches will currently continue to operate as normal, as a division of First National Bank of Pennsylvania, with a complete conversion scheduled to be effective on 18 February, 2012.
First National Bank of Pennsylvania now has over 280 offices serving 45 counties.
Robert J. McCarthy has been elected to the Board of Directors at F.N.B. Corporation and Patrick J. Minnock has been elected to the Board of Directors of First National Bank of Pennsylvania, the wholly-owned bank subsidiary of F.N.B. Corporation.
Mr. McCarthy was President and CEO of Parkvale Bank and Parkvale Financial Corporation as well as Vice Chairman of Parkvale Financial Corporation's Board of Directors. Mr. Minnock was a Director of Parkvale Bank since 1998.
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