ATM Banking Services in Metro Stations Expand
ATM Network as Part of Continued Growth in Bank's Mid-Atlantic
Region
PITTSBURGH, July 27,
2023 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB)
and its banking subsidiary, First National Bank, have announced a
partnership with the Washington Metropolitan Area Transit Authority
(Metro) that establishes FNB as the sole ATM provider for the
third-largest rail system in the United
States.
FNB's online and mobile banking tools and eStore® enable
customers to perform a broad range of banking activities remotely,
including making bill and person-to-person payments, accessing
financial education and account selection tools, and applying for
deposit and loan products. The Metro ATMs add cash access to these
robust digital capabilities, ensuring customers throughout the
Washington, D.C. metropolitan area
can manage most of their banking needs according to their own
schedule and without having to visit a branch.
With ATM banking services at every Metro station, the
partnership will add more than 120 machines to FNB's network by the
start of 2024. Metro provided more than 71 million rides in 2022
and continues to trend toward pre-pandemic levels that exceeded 180
million rides in 2019. With approximately 50 percent of Metro
stations situated in majority-minority communities (MMCT) and
approximately 30 percent in low- to moderate-income (LMI)
communities, the partnership further advances FNB's corporatewide
goal of increasing banking access for consumers in underserved
areas.1
"Our mobile eStore and ATM strategy open the door for us to
effectively and efficiently serve a much greater number of
households, making FNB one of the most convenient banks serving the
Mid-Atlantic and southeastern United
States," said Vincent J. Delie,
Jr., Chairman, President and Chief Executive Officer of
F.N.B. Corporation and First National Bank. "By working with
partners to establish ATM access in high-traffic locations, we have
a valuable opportunity to empower our customers with all of the
tools they need to manage their banking relationship."
In addition, FNB is branding more than 160 ATMs in Giant Food
stores throughout Maryland,
Virginia and Washington, D.C., while also extending the
Company's service coverage with several ATM locations in
Delaware. For both Metro and
Giant, FNB partnered with Payment Alliance International in the
deployment of branded ATMs as part of its overall strategy.
Complementing the ATM expansion and furthering FNB's retail
banking presence is its growing regional branch network. FNB's most
recent branch additions are its Remington
Row Office in Baltimore,
Maryland, and its Reston
Office in Reston,
Virginia.
FNB's new branded partnerships build on an ATM strategy FNB has
successfully deployed in multiple markets. Upon completion of the
Metro and Giant projects, FNB customers will have access to a total
of nearly 1,900 combined branches, ATMs and interactive teller
machines, including nearly 600 ATMs and nearly 40 branches in its
Mid-Atlantic Region, which includes Maryland, Virginia and Washington, D.C. To find an FNB branch or ATM
location, use the locator at fnb-online.com.
1 Nearly 30 percent of the Metro ATM locations are situated
in communities that are both MMCT and LMI.
About F.N.B. Corporation
F.N.B. Corporation (NYSE:
FNB), headquartered in Pittsburgh,
Pennsylvania, is a diversified financial services company
operating in seven states and the District of Columbia. FNB's market coverage
spans several major metropolitan areas, including: Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; Washington, D.C.; Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High
Point) in North Carolina;
and Charleston, South Carolina.
The Company has total assets of nearly $45
billion and approximately 350 banking offices throughout
Pennsylvania, Ohio, Maryland, West
Virginia, North Carolina,
South Carolina, Washington, D.C. and Virginia.
FNB provides a full range of commercial banking, consumer
banking and wealth management solutions through its subsidiary
network, which is led by its largest affiliate, First National Bank
of Pennsylvania, founded in 1864.
Commercial banking solutions include corporate banking, small
business banking, investment real estate financing, government
banking, business credit, capital markets and lease financing. The
consumer banking segment provides a full line of consumer banking
products and services, including deposit products, mortgage
lending, consumer lending and a complete suite of mobile and online
banking services. FNB's wealth management services include asset
management, private banking and insurance.
The common stock of F.N.B. Corporation trades on the New York
Stock Exchange under the symbol "FNB" and is included in Standard
& Poor's MidCap 400 Index with the Global
Industry Classification Standard (GICS) Regional Banks
Sub-Industry Index. Customers, shareholders and investors can learn
more about this regional financial institution by visiting the
F.N.B. Corporation website at www.fnbcorporation.com.
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SOURCE F.N.B. Corporation