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F.N.B. completes acquisition of Maryland’s OBA Bank

Another midstate bank merger has been completed, as F.N.B. Corp. announced it has finished the merger with OBA Financial Services Inc. of Maryland.

In a news release, the Pittsburgh-based company, which has presence in Cumberland, Dauphin and York counties and is the parent company of First National Bank of Pennsylvania, announced the gestating deal first divulged in April is done.

OBA Financial Services was the bank holding company for OBA Bank, which had six locations in Montgomery, Anne Arundel and Howard counties. Those branches are now First National Bank locations.

The merger gives F.N.B. 31 banking offices in Maryland. The company also has a downtown Baltimore regional headquarters.

The bank now has more than 280 locations across Pennsylvania, Maryland, Ohio and West Virginia. With the acquisition of OBA, it has $15.4 billion in assets, up from $14.5 billion before the merger.

Michael Sadowski

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