Announced

First Commonwealth Financial to merge with Centric Financial in a $144m deal.

Synopsis

First Commonwealth Financial, a financial holding company, agreed to merge with Centric Financial, a banking service provider, in a $144m deal. “We are genuinely excited about the opportunities that our combined organizations can create. We have long admired the job that Centric’s CEO, Patti Husic, and the Centric team have done creating an extraordinary culture, growing their organization and serving their clients. This extension of our physical presence into Harrisburg and Metro Philadelphia allows us to deepen our existing relationships in these markets and improve the financial lives of these businesses and their communities," T. Michael "Mike" Price, First Commonwealth President and CEO.

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