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Here's why this bank's big branch buy works, whets appetite for more

Patty Tascarella
Here's why this bank's big branch buy works, whets appetite for more

One of Pittsburgh’s largest banks has a deal in place to buy 14 branches in central Pennsylvania and it’s game for more. Jane Grebenc, president of First Commonwealth Bank and executive vice president and chief revenue officer of parent company First Commonwealth Financial Corp., talked about how the purchase from Santander Bank came about and what’s next. First Commonwealth (NYSE:FCF) is No. 11 among the largest banks in the 10-county Pittsburgh metro as ranked by deposit market share and has 137 branches at present.