R. Timothy “Tim” Evans
R. Timothy Evans Hired to Lead Growing Commercial Equipment Finance Capability
First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), is expanding its equipment leasing business, F.N.B. Equipment Finance, beginning with the hiring of R. Timothy “Tim” Evans as Director of Commercial Equipment Finance.
Based in Pittsburgh, Evans will oversee all aspects of the commercial equipment finance group, including business development and portfolio management. Additionally, he will be responsible for growing and developing the F.N.B. Equipment Finance team, with plans to add several highly-qualified leasing professionals over the coming months.
Evans joins FNB with 35 years of extensive equipment finance experience, most recently as President of FirstMerit Equipment Finance, Inc. He received his bachelor’s degree in Business and Finance from Thiel College. Evans is active in the leasing industry, serving as a member of the Equipment Leasing and Finance Association (ELFA) Financial Institutions Business Council.
F.N.B. Equipment Finance delivers comprehensive leasing solutions, including a range of financing options and tailored, personal service, which give commercial banking clients the flexibility to add new equipment without disrupting cash flow or increasing debt balances for a purchase.
About First National Bank of Pennsylvania
First National Bank, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), has more than 300 full-service locations in Pennsylvania, Ohio, Maryland and West Virginia. In addition to a comprehensive suite of traditional banking products and services, the Bank also provides a full range of online and mobile banking solutions for consumer and business clients. First National Bank has been recognized repeatedly as a best place to work in Pittsburgh, Pennsylvania, its headquarters city.
About F.N.B. Corporation
F.N.B. Corporation (NYSE: FNB), headquartered in Pittsburgh, Pennsylvania, is a diversified financial services company. On a combined, pro forma basis, including the proposed acquisition of Yadkin Financial Corporation (“Yadkin”), FNB will operate in eight states and seven major metropolitan areas. FNB holds a significant retail deposit market share in Pittsburgh, Pennsylvania, Baltimore, Maryland, and Cleveland, Ohio, and, assuming the Yadkin acquisition is completed, will add Charlotte, Raleigh-Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina. If the proposed Yadkin acquisition is completed (“Transaction”), the Company will have total combined, pro forma assets of nearly $30 billion, and more than 400 banking offices throughout Pennsylvania, Ohio, Maryland, West Virginia, North Carolina and South Carolina. 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, international 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 Company also operates Regency Finance Company, which has more than 70 consumer finance offices in Pennsylvania, Ohio, Kentucky and Tennessee. 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 web site at http://www/fnbcorporation.com