PITTSBURGH — NexTier Bank’s sole Pittsburgh branch has moved into its new office space.
The address is 245 Shady Ave., within a new mixed-use retail and residential development called The Meridian, which includes a Giant Eagle Market District, Barnes & Noble and Shake Shack, as well as other restaurants and shopping destinations. The branch has six team members, including two business lenders, NexTier said.
Butler-based NexTier, which entered the city roughly 10 years ago through its 2016 acquisition of Oakland-based Eureka Bank, confirmed to the Business Times in June that it was relocating the branch to Shadyside. The former site, 3455 Forbes Ave., had been Eureka ‘s headquarters. On Sept. 15, the Business Times reported that an affiliate of the University of Pittsburgh bought the Oakland property for $6,237,500.
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