First Commonwealth Bank appoints Matt Zuro as northern Ohio regional president



First Commonwealth Bank appointed Matt Zuro as its new regional president for northern Ohio encompassing Akron, Canton, Cleveland, Youngstown and surrounding areas.

Zuro will lead the company’s commercial banking team in this market, which includes 11 outlets as well as its wealth management and insurance groups. He will be based at the Cleveland First Commonwealth Business Center downtown at 1100 Superior Ave.

In the role of regional president, Zuro succeeds George Moy, who was named the first president of the Indiana, Pa., Northern Ohio-based bank in December 2017.

A First Commonwealth official said Moy resigned from the bank this week.

Zuro was previously senior vice president of corporate banking, working with the lending team overseen by Moy. Zuro joined the bank in 2009 and has been a “top producer” for the company in that market, according to the bank.

First Commonwealth first established itself in Ohio through an office in Columbus in 2015 and has been striving to increase its market share in the northeastern part of the state ever since.

In July 2016, the bank purchased 13 branches in the Canton Market from Huntington Bank, comprising $ 735 million in deposits and $ 115 million in personal and business loans. Huntington was forced to sell them due to antitrust issues following its acquisition of Akron’s FirstMerit Bank. First Commonwealth’s commercial presence in northeast Ohio remains strongest in the Stark County area, where it still operates 10 offices today.

The bank reported total assets of $ 9.4 billion as of March 31.


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