WASHINGTON, Feb. 5, 2018 /PRNewswire/ -- First National
Bank, the largest subsidiary of F.N.B. Corporation (NYSE: FNB),
announced today the expansion of its commercial and business
banking services in Washington,
D.C. The Company's growing D.C. efforts include the addition
of significant government contracting expertise, as well as
extended focus within its Business Banking group.
Building out its government contractor lending capabilities, FNB
has hired Douglas "Doug" Brown
and Emilio Lopez,
professionals with extensive financial services experience serving
commercial clients in the Washington,
D.C., area.
Brown joins FNB as Senior
Vice President, Regional Manager of Commercial Banking. He
oversees a Commercial Banking team responsible for generating new
business opportunities in the Washington,
D.C., metropolitan area, with a primary focus on government
contractor lending and servicing. Along with his team, Brown delivers customized products and services
designed to help government contractors grow and increase
profitability, including cash flow management, long- and short-term
financing options and investment real estate solutions. He brings
to his new role more than 30 years of financial services and
government contractor lending experience, the vast majority of
which has been gained in the Washington,
D.C., area. A graduate of American
University, where he received his Bachelor of Arts degree,
Brown currently serves as a member of
the Board of Directors for the Northern
Virginia Chamber of Commerce.
Reporting to Brown, Lopez has
been hired as a Commercial Banker, with more than 10 years
of financial services and government contractor lending experience.
He most recently served as Business Banking Relationship Manager
for Bank of America Merrill Lynch. Lopez received his bachelor's
degree in International Relations from Central
Connecticut State University and is active in the community
as a member of the Financial Advisory Board for Virginia International University and as a
volunteer with Habitat for Humanity.
Timothy Moorstein,
currently a Commercial Banker with FNB, also joined
Brown and Lopez as part of the
expansion of the D.C. regional team. Brown, Lopez and Moorstein are based in FNB's
innovative Wisconsin Avenue Office, opened in 2017 above the
Bethesda Metro station
(Red Line), less than eight miles
from downtown Washington, D.C.
"We are excited to deepen FNB's commercial banking presence in
Washington, D.C.," said
Vincent J. Delie, Jr., Chairman,
President and Chief Executive Officer of F.N.B. Corporation and
First National Bank. "Our experienced team is well-positioned to
capitalize on the significant opportunities that exist in both
commercial banking and government contractor lending in this
dynamic market."
Additionally, FNB is extending its Business Banking
focus in the Washington, D.C.,
metropolitan market through the promotion of Hugh Robinson to Senior Vice President,
Regional Manager of Business Banking. Robinson, who joined FNB
in 2015, oversees a team delivering the Bank's services to
small-to-mid sized companies throughout FNB's Maryland Region, with
his responsibilities now expanded to focus on establishing new
relationships in Washington, D.C.
With more than 35 years of service helping business clients in the
state of Maryland, Robinson and
his team help clients meet their business goals by providing
customized cash flow solutions, financing and credit options.
J. MacGregor "Mac" Tisdale, President of FNB's Maryland Region,
added, "FNB's emphasis on local decision-making differentiates us
from our competitors, and I am pleased to further enhance our
regional team with the in-depth product and market knowledge that
Doug, Emilio, Tim and Hugh bring to their new
roles."
FNB's Maryland Region, which includes Washington, D.C., and Northern Virginia, is comprised of more than
30 branches spanning six counties.
About First National Bank of Pennsylvania
First National Bank of Pennsylvania, the largest subsidiary of F.N.B.
Corporation (NYSE: FNB), has more than 400 full-service locations
in Pennsylvania, Ohio, Maryland, West
Virginia, North Carolina
and South Carolina. In addition to
a comprehensive suite of traditional banking products and services,
the Bank also provides a full range of online and mobile banking
solutions for consumer and business clients. First National Bank
has been recognized repeatedly as a best place to work in
Pittsburgh, Pennsylvania, its
headquarters city.
About F.N.B. Corporation
F.N.B. Corporation (NYSE:
FNB), headquartered in Pittsburgh,
Pennsylvania, is a diversified financial services company
operating in eight states. FNB holds a significant retail deposit
market share in attractive markets including: Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; and Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High
Point) in North Carolina.
The Company has total assets of $31
billion, and more than 400 banking offices throughout
Pennsylvania, Ohio, Maryland, West
Virginia, North Carolina
and South Carolina. The Company
also operates Regency Finance Company, which has more than 75
consumer finance offices in Pennsylvania, Ohio, Kentucky and Tennessee.
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, international
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.
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SOURCE F.N.B. Corporation