One of Indiana County’s Banks has received top honors for the Pittsburgh region and for Pennsylvania and Ohio.
According to a news release, Indiana-based First Commonwealth Bank has been ranked the number one Small Business Administration, or SBA, loans in terms of dollars lent in the Pittsburgh Region for the second consecutive year. This was for the federal fiscal year that wrapped up September 30th . On top of that, First Commonwealth achieved the ranking of number two in Pennsylvanian and number four across Ohio. The high ranking in Ohio is due to the bank’s good performance in two of Ohio’s major cities, Cleveland (number 3) and Columbus (number 6) in number of dollars lent.
In a statement, First Commonwealth’s Executive Vice President of Consumer and Business Lending Jeff Rosen said that they are proud of their achievement and that the company shares a vision of being one of the best banks for businesses. He added that the Top Lender Status is a “quantifiable reflection to that and to our mission of improving the financial lives of our neighbors and their businesses.”
With the high regional and state rankings, along with the SBA lending in Florida and Texas, First Commonweath has a national SBA loan ranking of number 45, which is up from number 78 last year.
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