PITTSBURGH — S&T Bank wants to open a retail branch in Pittsburgh’s North Side, a neighborhood where it has operated a commercial office for almost a decade, as the community bank continues to expand its presence in the city.
The Pennsylvania Department of Banking & Securities accepted an application from S&T, according to the regulator’s website, that said the bank seeks to put a branch at 12 Federal Street.
S&T said it is “in the early stages” of planning and many details have yet to be worked out or finalized. But it was clear on why it wants a North Side branch.
“A new branch at 12 Federal Street would help to improve our market presence, strategic positioning and business development opportunities in the Pittsburgh metro area,” S&T said via email on Friday. “The addition of a branch strengthens our people-forward approach to banking and enables us to better serve the local community by offering convenient access to banking services, benefiting individuals and local businesses.”
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