First National Bank to Open New Offices in Washington, D.C, Area

First National Bank, the largest subsidiary of F.N.B. Corporation, plans to open a Washington, D.C. retail location, along with additional de novo locations in the D.C. Metro area and in northern Virginia.

The expansion of its consumer banking services in these strategic geographic locations further enhances the company’s retail strategy and corporate banking efforts in these attractive markets.

The addition of the bank’s new location at 900 19th Street builds on FNB’s previous commercial expansion in the region, which included the addition of significant government contracting expertise as well as extended focus within its Business Banking group. Through its existing presence in the market, the bank has successfully grown loans, deposits and non-interest income, in addition to providing services such as wealth management, treasury management, international banking and capital markets in the D.C. Metro area.

“We’ve been extremely encouraged by our commercial success in the Washington, D.C., market and look forward to continuing this growth trend for our retail products and services,” said Vincent J. Delie, Jr., chairman, president and CEO of FNB and First National Bank. “We offer the technology, products and services of a larger institution while maintaining a personal touch and customized financial solutions, positioning customers to better achieve financial success.”

The company has had a presence across Maryland for approximately five years, including in Baltimore, the Washington, D.C. region and a large commercial office in Bethesda. The new and planned branches will be part of FNB’s Mid-Atlantic Region, which encompasses Washington, D.C., northern Virginia and Maryland, and currently consists of nearly 30 branches.

Headquartered in Pittsburgh, F.N.B. Corporation is a diversified financial services company operating in seven states and the District of Columbia. The company has total assets of nearly $34 billion and approximately 380 banking offices throughout Pennsylvania, Ohio, Maryland, West Virginia, North Carolina and South Carolina.

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