First Commonwealth Receives All Approval For Merger With Foundation Bank

(RTTNews) - First Commonwealth Financial Corp. (FCF), and Garfield Acquisition Corp., the parent company of Foundation Bank, announced the receipt of all required regulatory approvals for the proposed merger of Foundation Bank and First Commonwealth. There are no additional regulatory or shareholder approvals needed to complete the transaction.

Foundation Bank is a financial services company with total assets of $215 million, loans of $182 million and deposits of $148 million. Headquartered in Cincinnati, Ohio, Foundation Bank operates five full service banking offices with convenient locations in Woodlawn, Norwood, Hyde Park, Milford and downtown Cincinnati.