Regulators approve local bank’s 14-branch buy


First Commonwealth Financial Corp. on Thursday said has received all required regulatory approvals for its pending acquisition of 14 branches from Santander Bank.

The deal, announced on April 22, is expected to be completed by Sept. 9. Both the Federal Deposit Insurance Corp. and Pennsylvania Department of Banking & Securities have signed off on the transaction.

The branches are located in State College, Lock Haven, Williamsport and Lewisburg and add about $525 million of deposits and $120 million…

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