Bank / Credit Union

F.N.B Corp inks acquisition of UB Bancorp

December 21, 2022

F.N.B Corp. has officially acquired UB Bancorp, including its subsidiary Union Bank. With the acquisition, F.N.B. now has almost $44 billion in assets, according to a press release.

Union Bank customers can now access F.N.B's online and mobile banking services including its app and eStore.

"The Union Bank acquisition leverages FNB's current investments in the fast-growing North Carolina markets which now have more than 110 FNB branches and over 300 ATMs while also providing a favorable deposit mix," Vincent J. Delie Jr., chairman, president and CEO of F.N.B., said in the release. "We are excited to welcome Union Bank's customers and introduce them to a more expansive suite of products and services, such as Insurance, Wealth Management, Private Banking, Treasury Management, Mortgage Banking and Capital Markets and Debt Capital Markets capabilities."