First Commonwealth Bank Acquires CenterGroup

CenterGroup is a holding company for community banking CenterBank, that keeps an open-door policy and works hard to find common sense solutions for its customers. Specific product sets have been developed for deposits, residential mortgages, and full-service banking for owner-managed Greater Cincinnati businesses. The bank specializes, and that gives it the opportunity to deliver service to its specific customer niche while effectively managing operating risk. It has sought to maximize growth within the constraints of acceptable profitability and capital levels to ensure stable and positive regulatory ratings. CenterGroup