First Commonwealth Bank
Encyclopedia
First Commonwealth Financial Corporation is a financial services
company based in Indiana, Pennsylvania
, primarily serving the Western
and the Central Pennsylvania regions.
First Commonwealth has long served the Central Pennsylvania region, but began aggressively expanding into the Western part of the state in the early 2000s, particularly Pittsburgh. It is currently the fifth largest bank in the Pittsburgh metropolitan area behind PNC Financial Services
, Citizens Financial Group
, First Niagara Bank
, and privately-held Dollar Bank
.
First Commonwealth is one of the few stronger banks that did not accept TARP funds in 2008.
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...
company based in Indiana, Pennsylvania
Indiana, Pennsylvania
Indiana is a borough in and the county seat of Indiana County, Pennsylvania, United States. The population was 14,895 at the 2000 census.The borough and the region as a whole promotes itself as the "Christmas Tree Capital of the World" because the national Christmas Tree Grower's Association was...
, primarily serving the Western
Western Pennsylvania
Western Pennsylvania consists of the western third of the state of Pennsylvania in the United States. Pittsburgh is the largest city in the region, with a metropolitan area population of about 2.4 million people, and serves as its economic and cultural center. Erie, Altoona, and Johnstown are its...
and the Central Pennsylvania regions.
First Commonwealth has long served the Central Pennsylvania region, but began aggressively expanding into the Western part of the state in the early 2000s, particularly Pittsburgh. It is currently the fifth largest bank in the Pittsburgh metropolitan area behind PNC Financial Services
PNC Financial Services
PNC Financial Services Group, Inc. is a U.S.-based financial services corporation, with assets of approximately $264.3 billion...
, Citizens Financial Group
Citizens Financial Group
Citizens Financial Group, Inc. is an American bank headquartered in Providence, Rhode Island, which operates in the states of Connecticut, Delaware, Illinois, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Vermont. Citizens is a wholly owned...
, First Niagara Bank
First Niagara Bank
First Niagara Bank is a Federal Deposit Insurance Corporation-insured regional banking corporation headquartered in the historic Larkin Terminal Warehouse in Buffalo, New York.-History:...
, and privately-held Dollar Bank
Dollar Bank
Dollar Bank is a full service, regional bank serving both individuals and business customers, operating more than 50 branch offices and loan centers throughout the southwestern Pennsylvania and northeastern Ohio metropolitan areas. The bank’s Pennsylvania headquarters is located in downtown...
.
First Commonwealth is one of the few stronger banks that did not accept TARP funds in 2008.