First Commonwealth Completes Acquisition of Centric Financial Corporation

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Image via Centric Bank.

First Commonwealth Financial Corporation has completed its previously-announced acquisition of Centric Financial Corporation the parent company of Harrisburg, Pennsylvania-based Centric Bank, effective Feb. 1, 2023.

“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,” said President and Chief Executive Officer T. Michael Price.

“This combination expands our presence into the attractive Pennsylvania markets in and around Harrisburg, Lancaster, Devon, and Doylestown. Centric is well-respected within these communities with proven leadership. Our mission is to improve the financial lives of our neighbors and their businesses and we look forward to carrying out this mission with our new Centric teammates for many years to come.”

In connection with the closing of the merger, First Commonwealth’s Board of Directors has appointed former President and CEO of Centric, Patricia A. Husic, to its board of directors.

Following a full systems conversion, Centric Bank customers will be able to access First Commonwealth’s network of 55,000 surcharge-free ATMs worldwide, as well as 126 retail offices located across Pennsylvania and Ohio.

Customers will also have access to additional products and services, including mortgage and personal loans, wealth management and insurance, and enhanced online banking, BillPay, mobile banking and mobile payment solutions.

Commercial customers will have access to a wide array of financing solutions, a full line of cash management services and a set of payment processing options to help manage credit and debit card transaction processing.

To learn more about the merger, click here.

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