FNB completed the acquisition of UB Bancorp for $117m.

FNB, a diversified financial services corporation , completed the acquisition of UB Bancorp, a bank holding company, for $117m. "The Union Bank acquisition leverages FNB's current investments in the fast-growing North Carolina markets which now have more than 110 FNB branches and over 300 ATMs while also providing a favorable deposit mix. We are excited to welcome Union Bank's customers and introduce them to a more expansive suite of products and services, such as Insurance, Wealth Management, Private Banking, Treasury Management, Mortgage Banking and Capital Markets and Debt Capital Markets capabilities," Vincent J. Delie, FNB Chairman, President and CEO.