PITTSBURGH, Pa. – First National Bank, the largest subsidiary of F.N.B. Corp., on Tuesday announced it plans to add nearly 30 new branches to its network during the next five years.
The majority of the planned branches will advance and support F.N.B.’s expansion in North Carolina, South Carolina and the bank’s Mid-Atlantic region, which spans Maryland, Virginia and Washington, D.C, a news release states.
“F.N.B.’s expansion into dynamic, high-growth markets in the Mid-Atlantic and Southeast has yielded performance that demonstrates the effectiveness of our business model as well as our commitment to client service,” said Vincent J. Delie Jr., chairman, president and chief executive officer of F.N.B. Corp. and First National Bank. “We have built out our unique in-store experience, which allows clients to complete applications both in the branch and online, resulting in the omnichannel experience we have pursued through our Clicks-to-Bricks strategy and making us one of the most convenient banks for consumers and businesses in the industry today.”
The planned branches build on an expansion strategy that is exemplified by F.N.B.’s success in South Carolina, the release states. The company has made a substantial investment in Greenville and Charleston, where it already has opened five branches, in addition to almost 160 branded and owned ATMs and downtown regional hubs housing commercial banking, commercial real estate, small business, wealth management and mortgage representatives.
With its new locations, F.N.B. will operate approximately 380 branches and more than 1,600 ATMs, with more than 110 branches and 500 ATMs in the Carolinas.