NexTier Bank is a

U.S. The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...

-based

financial services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...

corporation A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and r ...

. They have 30 branch locations in Allegheny,

Butler A butler is a person who works in a house serving and is a domestic worker in a large household. In great houses, the household is sometimes divided into departments with the butler in charge of the dining room, wine cellar, and pantry. Some a ...

Armstrong Armstrong may refer to: Places * Armstrong Creek (disambiguation), various places Antarctica * Armstrong Reef, Biscoe Islands Argentina * Armstrong, Santa Fe Australia * Armstrong, Victoria Canada * Armstrong, British Columbia * Armstrong ...

, Westmoreland,

Mercer Mercer may refer to: Business * Mercer (car), a defunct American automobile manufacturer (1909–1925) * Mercer (consulting firm), a large human resources consulting firm headquartered in New York City * Mercer (occupation), a merchant or trader ...

, Clearfield, and Cumberland counties in western and central

Pennsylvania Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...

History

Founding as Citizens National Bank

S.J. Irvine, Sr. founded the bank in 1878 under its original name, Citizens National Bank, in the oil

boomtown A boomtown is a community that undergoes sudden and rapid population and economic growth, or that is started from scratch. The growth is normally attributed to the nearby discovery of a precious resource such as gold, silver, or oil, although ...

of Evansburg, Pennsylvania (now

Evans City, Pennsylvania Evans City is a borough in Butler County, Pennsylvania, United States. The population was 1,833 at the 2010 census. Geography Evans City is located in southwestern Butler County at (40.769310, -80.061409), in the valley of Breakneck Creek. It is ...

). The bank received a state charter in 1893 and its national charter in 1907.NexTier Bank History
/ref> In 1940, S.J. Irvine, Jr. succeeded his father as president. In 1959, S.J. Irvine III, began his career as bank president. In 2000, his daughter, Margaret Irvine Weir, became president of the bank, representing the fourth generation of the Irvine family to head the company.
''Pittsburgh Tribune-Review''.

Name change to NexTier

On October 11, 2005, the bank officially changed its name to NexTier Bank. It also adopted the tagline "Experience The Next Level." The name change resolved a dispute with the much larger Citizens Bank of Pennsylvania, which had 400+ branches, compared to Citizens National Bank's 15 branches."Citizens out, NexTier in,"
''Pittsburgh Post-Gazette''

Corporate Leadership

Cleman C. Rosenberger III, President & Chief Executive Officer Robert A. Bowell, Executive Vice President & Chief Lending Officer Brian B. Dutton, Executive Vice President & Chief Risk Officer & General Counsel Mark DeBiasio, Executive Vice President & Chief Financial Officer Darla J. Livermore, Senior Vice President & Director of Human Resource Management Heidi J. McDowell, Senior Vice President & Retail Manager Louis C. Palumbo, Senior Vice President & Chief Information Officer Michael Smelko, Executive Vice President & Chief Credit Officer Bradley J. Toy, Senior Vice President & Director of Loan & Deposit Operations

Primary Operations

The primary operations of NexTier include NexTier Bank and NexTier Wealth Management.
''Pittsburgh Business Times''.

Corporate Sponsorships

On April 10, 2006, NexTier bank purchased the naming rights for the

Seneca Valley High School Seneca Valley High School (SVHS) is a U.S. public high school (grades 9-12) in Germantown, Maryland. It is part of the Montgomery County Public Schools system. Its enrollment for the 2019–2020 school year was 1,226 students. The new building ...

Stadium, renaming it NexTier Stadium."Seneca Valley sells naming rights,"
''Pittsburgh Post-Gazette''

Awards

In 2008 NexTier Bank was listed as one of the Best Places to Work in Pennsylvania.Best Places to Work in PA 2008
/ref> NexTier also earned this distinction in 2000Best Places to Work in PA 2000
/ref> and 2001.Best Places to Work in PA 2001
/ref> On November 11, 2008, the

Better Business Bureau Better Business Bureau (BBB) is a private, 501(c)(6) nonprofit organization founded in 1912. BBB's self-described mission is to focus on advancing marketplace trust, consisting of 97 independently incorporated local BBB organizations in the Unit ...

of Pennsylvania awarded NexTier Bank the Torch Award for Marketplace Ethics."BBB Announces Winners of 2008 Torch Award for Marketplace Ethics"
/ref>

Northwest Bancshares

On May 5, 2010,

Warren, Pennsylvania Warren is a city in Warren County, Pennsylvania, United States, located along the Allegheny River. The population was 9,404 at the 2020 census. It is the county seat of Warren County. It is home to the headquarters of the Allegheny National Forest ...

-based Northwest Bancshares agreed to buy NexTier for $20.3 million in cash. The sale was expected to close by the end of 2010, upon which the NexTier name would have been replaced by the Northwest Savings Bank name. NexTier Inc. announced on November 8, 2010, that it terminated its agreement to merge with Northwest Bancshares, Inc. (Nasdaq: NWBI), citing Northwest's inability to secure regulatory approval for the merger. NexTier announced its intention to seek an infusion of cash subsequent to the termination of the merger agreement.

NexTier and the Snyder Group

On February 2, 2010, NexTier, Inc., announced the successful completion of capital raising efforts. The Snyder Group of Kittaning, PA provided NexTier a capital infusion in the form of an investment in common stock, with an initial investment to NexTier January 31, 2011.. On April 14, 2011, NexTier Inc. announced regulatory approval from federal and state regulators for the capital infusion from the Snyder Group. The remaining capital infusion was completed in April 2011, resulting in 51% ownership of NexTier. The Snyder Group is the owner of Snyder Associated Companies, a holding company with investments in mining, oil, and natural gas exploration activities, manufacturing, agriculture and banking. The Snyder Group also had a majority interest in the

Farmers and Merchants Bank of Western Pennsylvania Farmers and Merchants Bank of Western Pennsylvania (F&M Bank) was a local bank in Kittanning, Pennsylvania, United States. It was the result of the merger between the Merchants National Bank of Kittanning and the Farmers National Bank of Kittanni ...

, based in Kittanning with 8 community offices serving Armstrong County. In October 2014, NexTier merged with Farmers & Merchants Bank. The combined entity has 24 locations and will retain the NexTier name. On January 8, 2016, NexTier completed its purchase of Eureka Bank, which had two branches in Allegheny County, including one in

Oakland Oakland is the largest city and the county seat of Alameda County, California, United States. A major West Coast port, Oakland is the largest city in the East Bay region of the San Francisco Bay Area, the third largest city overall in the Bay A ...

Forbes Avenue Forbes Avenue is one of the longest streets in Pittsburgh, Pennsylvania, United States. It runs along an east–west route for a length of approximately . History According to historical writer and blogger Leon J. Pollom, the lowest section of F ...

References

External links

NexTier Bank nextierbank.com

ESS/NexTier Insurance Services essnextier.com

NexTier Wealth Management nextierwealth.com
{{DEFAULTSORT:Nextier Bank Banks based in Pennsylvania Companies based in Pittsburgh Banks established in 1878 American companies established in 1878