Banking & Finance

First National Bank Expands Commercial Services in D.C.

WASHINGTON – First National Bank, the largest subsidiary of F.N.B. Corp., announced today the expansion of its commercial and business banking services in Washington, D.C.

The company’s growing efforts in the nation’s capital include the addition of government contracting expertise, as well as extended focus within its Business Banking group.

To build out its government contractor lending capabilities, F.N.B. said it has hired Douglas Brown and Emilio Lopez, professionals with financial services experience serving commercial clients in the D.C. area.

Brown joins F.N.B. as senior vice president, regional manager of commercial banking. Reporting to Brown, Lopez has been hired as a commercial banke

Timothy Moorstein, currently a commercial banker with F.N.B., also joined Brown and Lopez as part of the expansion of the regional team.

“Our experienced team is well-positioned to capitalize on the significant opportunities that exist in both commercial banking and government contractor lending in this dynamic market,” said Vincent Delie, Jr., chairman, president and CEO of F.N.B. Corp. and First National Bank, in a news release.

F.N.B.’s Maryland region, which includes Washington, D.C., and northern Virginia, is comprised of more than 30 branches spanning six counties.

The company has assets of $31 billion, and more than 400 banking offices throughout Pennsylvania, Ohio, Maryland, West Virginia, North Carolina and South Carolina. The company also operates Regency Finance Company, which has more than 75 consumer finance offices in Pennsylvania, Ohio, Kentucky and Tennessee.

Published by The Business Journal, Youngstown, Ohio.