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Santander Bank selling 14 Pennsylvania branches to First Commonwealth Bank

Santander Bank is undertaking a strategy to focus on markets that it believes will drive growth in the future, and part of that strategy apparently includes selling off some of its bank branches. The company announced Monday that it is selling 14 branches in Pennsylvania to First Commonwealth Bank.

Santander Bank Announces Agreement to Sell 14 Branches to First Commonwealth Bank. PR newswire. april 22, 2019. Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware.

Santander Bank is undertaking a strategy to focus on markets it believes will drive growth in the future, and part of that strategy apparently includes selling off some of its bank branches.

BOSTON, April 22, 2019 /PRNewswire/ — Santander Bank, N.A. ("Santander" and "SBNA") today announced that it has entered into an agreement with First Commonwealth Financial Corporation’s banking.

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Santander Bank N.A., a wholly owned unit of banco santander (nyse:san), agrees to sell 14 bank branches located in central Pennsylvania to First Commonwealth Financial (NYSE:FCF). The deal.

Santander will be maintaining its presence in a contiguous cluster of counties in south Central Pa., the Lehigh Valley, and southeastern Pennsylvania.

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The company announced Monday it is selling 14 branches in Pennsylvania to First Commonwealth Bank. Indiana-based First Commonwealth Bank has announced that it is purchasing 14 branches of Santander Bank in central Pennsylvania. First Commonwealth, which also has been in growth mode in Ohio.

Santander Bank Announces Agreement to Sell 14 Branches to First Commonwealth Bank By Published: Apr 22, 2019 5:25 p.m. ET.. New York, New Jersey, Pennsylvania and Delaware. Santander Bank,

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Lackawanna County holds the distinction of being home to one of the biggest tax delinquents in Pennsylvania: State Petroleum Distributors. sales-tax and employer withholding citations and.

First Commonwealth to Acquire 14 Santander Bank Branches in Central Pennsylvania. First Commonwealth Bank. The acquisition provides First Commonwealth with the opportunity to expand its.

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