First Commonwealth completes Centric acquisition

First Commonwealth on Wednesday announced that it has completed its $144 million acquisition of Harrisburg-based Centric Financial Corp. The deal, ...

February 1, 2023
4:16 PM

First Commonwealth on Wednesday announced that it has completed its $144 million acquisition of Harrisburg-based Centric Financial Corp. The deal, announced last summer, builds its presence from central Pennsylvania into the Philadelphia metro. First Commonwealth Financial Corp. (NYSE:FCF) based in Indiana, Pennsylvania, is the 11th-largest bank in the 10-county Pittsburgh metro, according to deposit market share.' "We are pleased to announce the completion of the merger with Centric and are excited to build upon the terrific relationships that Centric has developed over the years,' Michael Price, president and CEO, said in a prepared statement.

Patty Tascarella