First Commonwealth Bank Hires Pennsylvania State House Majority Leader Dave Reed as Regional President
INDIANA, Pa., Oct. 17, 2018 (GLOBE NEWSWIRE) -- First Commonwealth Bank announced today that Pennsylvania State House Majority Leader Dave Reed will join its senior leadership team as Regional President.
Reed will join First Commonwealth as he wraps up his eighth term as a State Representative, representing the 62nd Legislative District in Indiana County since 2003.
In the position of Regional President, Reed will serve as a driving force of teamwork and collaboration within Indiana and the surrounding communities to cultivate relationships for the purpose of business development and industry advocacy.
Reed’s proven leadership and intimate understanding of the economic landscape of Western and Central Pennsylvania make him the ideal candidate for a regional leadership role, according to First Commonwealth CEO Mike Price.
“Dave is deeply invested in Western and Central Pennsylvania with a remarkable commitment to the economy, the issues, and the people,” Price said. “His accomplishments both within the 62nd District and from the House floor as the Majority Leader will have a lasting impact on our communities. Dave is a model leader to serve as a primary business development catalyst throughout the region, and we’re privileged to have him join the First Commonwealth team.”
During his time as State Representative, Reed was selected to serve as the Chairman of the House Majority Policy Committee in 2010. In November 2014, he was elected House Majority Leader of the PA House of Representatives and was re-elected to that position in 2016.
“As the next chapter in my life is about to begin, it was important to me to be able to stay involved in the economic future of our state and our region,” Reed said. “Headquartered in Indiana County, First Commonwealth Bank has grown into a multi-state financial powerhouse, and I’m looking forward to helping grow the bank and the communities it serves. I’m excited and grateful for the opportunity to be part of the future of this fine institution.”
Reed is a graduate of Homer Center High School with a bachelor’s degree from Indiana University of Pennsylvania and a master’s degree from the University of Pennsylvania. He resides in White Township, Indiana County, with his wife, Heather, and their three children Joshua, Gracie and Ellie.
About First Commonwealth Financial Corporation
First Commonwealth Financial Corporation (NYSE:FCF), headquartered in Indiana, Pennsylvania, is a financial services company with 140 banking offices in 22 counties throughout western and central Pennsylvania and Ohio, as well as Corporate Banking Centers in Pittsburgh, Pennsylvania and Cleveland and Columbus, Ohio. The company also operates mortgage offices in Wexford, Pennsylvania, as well as Hudson and Dublin, Ohio. First Commonwealth provides a full range of commercial banking, consumer banking, mortgage, wealth management and insurance products and services through its subsidiaries First Commonwealth Bank and First Commonwealth Insurance Agency. It is through these services that the company strives to execute on its mission to improve the financial lives of its neighbors and their businesses.