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FNB’s Anita Karem Honored with Council’s Award for Community Investment Leadership

PITTSBURGH--(BUSINESS WIRE)--

Anita L. Karem, former Community Reinvestment Act (CRA) Officer and current Community Relations Consultant for First National Bank, the largest subsidiary of F.N.B. Corporation (FNB), has been presented with the 2019 Council’s Award from FHLBank Pittsburgh for excellence in community investment. Karem received the award today at an FHLBank regional member event in Pittsburgh, Pennsylvania. John Bendel, FHLBank’s Senior Director of Community Investment, spoke at the event about Karem’s community achievements before presenting her with the award.

Named in recognition of FHLBank Pittsburgh’s Affordable Housing Advisory Council, FHLBank’s annual Council’s Award provides special recognition to an outstanding financial services professional who has demonstrated superior professional commitment and community spirit. The award highlights accomplishments in meeting FHLBank’s affordable housing and community investment mission.

With 32 years of experience in financial services, all in a CRA-related role, Karem has been a hands-on presence in the communities she serves. Her responsibilities at FNB have included outreach to both employees and neighborhood organizations, many of which assist low- and moderate-income families. More specifically, Karem has offered guidance in using FHLBank’s Affordable Housing Program. She has spearheaded funding for projects as varied as senior housing in Harrisburg and Hastings, Pennsylvania, and homeless shelters in Uniontown, Pennsylvania.

Before joining FNB, Karem was Compliance and CRA Officer at Iron and Glass Bank. She was instrumental in the creation of FHLBank’s “My Money, My Life” initiative, a financial literacy program for youth. Prior to that, Karem was CRA and Compliance Officer at NorthSide Bank.

In addition to her active role as a community banker, Karem has been a long-time volunteer advocate for marginalized individuals in society. She serves as a member of the board of directors of NeighborWorks Western Pennsylvania, an organization she has been associated with for many years.

As part of the Council’s Award, FHLBank presented a $1,000 contribution on Karem’s behalf to the Sarah Heinz House, which has provided quality youth programs for area children for more than 100 years.

About F.N.B. Corporation

F.N.B. Corporation (FNB), headquartered in Pittsburgh, Pennsylvania, is a diversified financial services company operating in seven states and the District of Columbia. FNB’s market coverage spans several major metropolitan areas including: Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; Washington, D.C.; and Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina. The Company has total assets of nearly $34 billion and approximately 380 banking offices throughout Pennsylvania, Ohio, Maryland, West Virginia, North Carolina and South Carolina.

FNB provides a full range of commercial banking, consumer banking and wealth management solutions through its subsidiary network which is led by its largest affiliate, First National Bank of Pennsylvania, founded in 1864. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, government banking, business credit, capital markets and lease financing. The consumer banking segment provides a full line of consumer banking products and services, including deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services. FNB’s wealth management services include asset management, private banking and insurance.

The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol "FNB" and is included in Standard & Poor’s MidCap 400 Index with the Global Industry Classification Standard (GICS) Regional Banks Sub-Industry Index. Customers, shareholders and investors can learn more about this regional financial institution by visiting the F.N.B. Corporation website at www.fnbcorporation.com.

About FHLBank Pittsburgh

As an intermediary between global capital markets and local lenders, FHLBank Pittsburgh provides readily available liquidity, as well as affordable housing and community development opportunities, to member financial institutions of all sizes in Delaware, Pennsylvania and West Virginia. The Bank is one of 11 banks in the Federal Home Loan Bank System, which was established by Congress in 1932 and serves as a reliable source of funds for housing, jobs and growth in all economic cycles. To learn more, visit www.fhlb-pgh.com.

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