Seasoned local banker Wes York will be a one-man business banking operation in Richmond for Pittsburgh-based First National Bank. (Images courtesy of First National Bank and LinkedIn)

Another big bank wants a piece of the action in Richmond.

First National Bank, based in Pittsburgh, has taken its first step into the market.

The $42 billion bank was launched here in recent weeks with a commercial banking operation led by Wes York, a seasoned local banker who most recently worked at South State Bank.

The expansion is part of FNB’s growth plans for Virginia. In addition to business efforts in Richmond, the bank said Northern Virginia is a priority to start with.

“FNB plans to operate a total of at least 11 First National Bank offices serving Northern Virginia and the Washington, D.C. metro area by 2024 — adding to the seven it currently operates on the markets – and has filed applications with the Office of the Comptroller of the Currency to open branches in Reston and Arlington,” the bank said in a statement.

The bank said it does not yet have an official office in Richmond, nor has it specifically commented on its plans to expand its retail business locally.

“We plan to grow our team in the market and are evaluating our needs and space options,” a bank spokesperson said.

Prior to his time at South State Bank, York held various positions at SunTrust, Atlantic Union Bank and M&T Bank.

York earned her bachelor’s degree from Randolph-Macon College and a master’s degree from American University. He has lived in Richmond since 2004.

Introducing a new banking brand to the already competitive Richmond market, York said in an emailed statement: “I believe there is always room for one more bank in Richmond, especially if it is done with the right team, the right culture and can deliver what customers need.

FNB said the Richmond outpost will help it reach other nearby markets such as Charlottesville and Hampton Roads.

Beyond Virginia, the bank’s footprint includes Pittsburgh, Baltimore, Cleveland, Washington, DC, Charlotte, Raleigh, Durham, and the Piedmont Triad in North Carolina; and Charleston, South Carolina. It has 340 offices in these markets.

FNB is a different incarnation of the First National Bank which operated in Richmond at 20e century and had been kicked out of the First National Bank tower downtown.

It’s the latest in a series of out-of-town banks to seek new territory in the Richmond metro area. Earlier this year, Burke & Herbert Bank, based in Northern Virginia, made its first move here, also starting with a commercial banking operation.

National player Chase Bank has steadily increased the number of its branches in the region since entering the market a few years ago.

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