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Banking & Finance

Post-Merger, F.N.B. Moves Into Wilmington Market

By Jenny Callison, posted Apr 21, 2017
With the mid-March completion of the Yadkin Financial Corp.-F.N.B. Corp. merger, Yadkin Bank locations in the area are being converted to reflect the new bank identity.

The newly constituted bank, based in Pittsburgh, Pennsylvania, has nearly $30 billion in total assets and more than 400 locations, with operations spanning eight states, according to F.N.B.’s announcement.

“The successful completion of this acquisition brings significant market share in the attractive, high-growth markets of Charlotte, Raleigh and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina in addition to our legacy markets of Pittsburgh, Pennsylvania, Baltimore, Maryland and Cleveland, Ohio,” the banking company stated in a news release.

Locally, F.N.B. has locations in Shallotte, Burgaw and Wilmington.

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