WesBanco completes acquisition of Premier Financial

WesBanco (WSBC) announced the successful closing of the previously announced acquisition of Premier Financial (PFC). The holding company closing was promptly followed by the merger of Premier’s subsidiary bank, Premier Bank, with and into WesBanco’s banking subsidiary, WesBanco Bank. With the closing of the merger, WesBanco appointed Zahid Afzal, John Bookmyer, Louis Altman and Lee Burdman, formerly directors of Premier, to the WesBanco Board of Directors. Former Premier financial centers will continue operating under the Premier Bank name until customer and data conversion occurs in mid-May. At that time, all financial centers of the combined bank will be branded as WesBanco.