First Commonwealth Financial Corporation (“First Commonwealth”) announced that it has completed its previously announced acquisition of CenterGroup Financial, Inc. (“CenterGroup”), the parent company of Milford, Ohio-based CenterBank.

“We are pleased to announce the completion of the merger with CenterBank and are excited to expand our presence in the Cincinnati market,” said President and CEO T. Michael Price. “CenterBank has built a strong reputation as a business-focused community bank, and we look forward to welcoming our new CenterBank teammates and clients as we build upon their success.”

Following a full systems conversion in June 2025, CenterBank customers will be able to access First Commonwealth’s network of 55,000 surcharge-free ATMs worldwide, as well as 127 retail offices located across Pennsylvania and Ohio.

Customers will also have access to additional products and services, including mortgage and personal loans, wealth management and insurance, and enhanced online banking, BillPay, mobile banking and mobile payment solutions. Commercial customers will have access to a wide array of financing solutions, a full line of cash management services and a set of payment processing options to help manage credit and debit card transaction processing.

First Commonwealth, headquartered in Indiana, Pennsylvania, is a financial services company with 125 banking offices in 30 counties throughout Pennsylvania and Ohio, as well as business banking operations in Pittsburgh, Pennsylvania, and Canton, Cleveland, Columbus and Cincinnati, Ohio.