First Commonwealth Financial Corporation has completed the previously disclosed acquisition of CenterGroup Financial Inc., the parent company of Milford, Ohio-based CenterBank.

“We are pleased to announce the completion of the merger with CenterBank and are excited to expand our presence in the Cincinnati market,” T. Michael Price, president and chief executive officer of First Commonwealth, said. “CenterBank has built a strong reputation as a business-focused community bank, and we look forward to welcoming our new CenterBank teammates and clients as we build upon their success.”

Following a full systems conversion in June 2025, CenterBank customers will gain access to First Commonwealth’s broader network, including 127 retail offices across Pennsylvania and Ohio and 55,000 surcharge-free ATMs. Customers will also have access to expanded services such as personal and mortgage loans, wealth management, insurance, enhanced digital banking options, and a broader set of commercial banking solutions.