INDIANA, Pa., April 15, 2014 /PRNewswire/ -- First Commonwealth Bank today announced the expansion of its Corporate Banking business into the Cleveland, Ohio market with the official opening of the bank's Cleveland Business Center, located at 1100 Superior Avenue - Suite 1365.
The Business Center will serve the diverse Corporate Banking needs of the Cleveland market and surrounding areas, with a particular focus on commercial real estate lending, commercial and industrial lending, treasury management, and customized corporate banking solutions.
"The April launch of our Cleveland Business Center reflects both the abundant opportunities we see in this growing market and our commitment to the region's ongoing economic development," noted Stephen Cobain, Executive Vice President / Corporate Banking. "First Commonwealth brings a unique Corporate Banking offering to Northeast Ohio. While our financial professionals provide comprehensive and sophisticated financial solutions for businesses of all sizes, we are at heart a community bank. As a result, the relationships we have with our clients and the communities we serve are central to the way we do business."
The Cleveland Business Center will be managed by John Osberg, Senior Vice President / Senior Corporate Banker at First Commonwealth. Mr. Osberg has nearly 15 years of Middle Market, Large Corporate and Commercial Real Estate experience in the Cleveland and Northeast Ohio markets.
"Having been actively involved in this market for over a decade, I am confident that First Commonwealth will be a tremendous resource for the businesses serving the Greater Cleveland area," commented Mr. Osberg. "Our team has a deep understanding of the market and of the opportunities and challenges within it. And we believe our Cleveland Business Center will play an essential role in helping our corporate and business clients seize those opportunities and navigate those challenges."
In addition to Mr. Osberg, the Corporate Banking team based out of First Commonwealth's Cleveland Business Center includes Matthew Zuro, Senior Vice President / Senior Corporate Banker, and Matthew Ostrander, Vice President / Corporate Banker. Mr. Zuro has extensive business banking and retail banking experience, as well as expertise in commercial property development. Prior to assuming his current role, Mr. Zuro served as First Commonwealth's Business Banking Area Sales Manager for the Pittsburgh, PA Region. Mr. Ostrander joins First Commonwealth from PNC Bank where he served as a Commercial Banking Relationship Manager in the Cleveland market.
About First Commonwealth Financial Corporation:
First Commonwealth Financial Corporation (NYSE: FCF), headquartered in Indiana, Pennsylvania, is a financial services company with $6.2 billion in total assets and 110 banking offices in 15 counties throughout western and central Pennsylvania. First Commonwealth provides a full range of commercial banking, consumer banking, wealth management and insurance products and services through its subsidiaries First Commonwealth Bank and First Commonwealth Insurance Agency.
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SOURCE First Commonwealth Financial Corporation