First Commonwealth receives regulatory approval for CenterGroup merger; close expected Q2 2025

FIRST COMMONWEALTH FINANCIAL CORP /PA/

FDIC approved merger of CenterBank into First Commonwealth Bank; PA Dept of Banking and Securities also approved.
Federal Reserve Bank of Cleveland granted waiver of merger application requirements.
Merger still subject to approval of CGFI shareholders; expected to close in Q2 2025.
CGFI shareholders will vote on the merger; proxy statement/prospectus filed with SEC.

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