Banks getting name changes
You didn’t accidentally walk into the wrong bank.
Southwest Bank, the First Bank of Leechburg, and NBOC Banks are among a number of Pennsylvania banks that have or will be changing their name to First Commonwealth.
But according to Dave Hanna, president of the southwest region of First Commonwealth bank, the new name is the only change that will be noticeable to customers.
“The only difference they should notice is the sign,” Hanna said.
Until now, First Commonwealth has operated the community offices as 10 divisions with different names. Southwest merged with First Commonwealth in 1998, and First Bank of Leechburg in 1985.
The community names served the company well, but Hanna said it was time for a change.
Hanna said the change was made for the most part as a marketing ploy.
“The main thing is to give an awareness to our clientele as to the size of our bank,” Hanna said. “By having one name it gives us a presence in the market. “We feel there’s a lot more strength in one name.”
He said the company has $4.6 billion in assets and banks in 18 counties across Pennsylvania.
Some of the banks, such as the Southwest branch in Harrison, already have been switched. He said the company started with its marquee locations.
All bank names will be changed by the end of November, he said.
In the meantime, the other banks will put temporary bags with the First Commonwealth name over the existing signs, Hanna said.
Customers of Three Rivers Bank will also notice a name change.
The bank will become part of Sky Bank. The name change will take place by the end of October.