F.N.B. Corp. is expanding its presence in Charleston, S.C., with three new branches and a downtown regional hub.
Based in Pittsburgh, F.N.B. (NYSE:FNB) is the second-largest bank headquartered in Pennsylvania. It entered the Carolinas last year through the acquisition of Raleigh, N.C.-based Yadkin Financial, which gave it a very small presence in South Carolina.
“Our new locations in Charleston will enable us to better serve commercial and consumer clients in one of the southeast’s fastest-growing markets where we already have established local commercial, small business and mortgage relationships,” F.N.B. chairman, president and CEO Vincent Delie Jr. said in a prepared statement. “We look forward to expanding our team in Charleston and increasing our commitment to the region.”
Efforts in Charleston will be led by Greg Heaton, president of F.N.B.’s Charlotte Region. Heaton, who has extensive executive experience serving the market, will also add a regional market executive to manage the Charleston commercial team.