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INTEGRA COMPLETES FINAL MERGER; INTEGRA BANK/NORTH FORMED

     INTEGRA COMPLETES FINAL MERGER; INTEGRA BANK/NORTH FORMED
    NEW CASTLE, Pa., Nov. 7 /PRNewswire/ -- Leonard M. Carroll, president and chief operating officer of Integra Financial Corporation (NASDAQ: ITGR), today unveiled the first "Integra" sign north of Pittsburgh, signaling the opening of 68 offices of Integra Bank/North.
    Integra Bank/North is the third and final merger planned for Integra Financial Corporation. Integra Bank/South was formed on May 10, 1991, and Integra Bank/Pittsburgh was formed on Aug. 23, 1991. Integra Financial Corporation, with assets of $8.6 billion, operates more than 200 offices throughout 22 counties in western Pennsylvania and is the third largest bank holding company in western Pennsylvania and also the fifth largest in the state.
    Integra Bank/North, with assets of $2.7 billion, was formed by merging First Seneca, Keystone National, McDowell National and Pennbank. It is now the largest bank network serving northwestern Pennsylvania, with offices located throughout Armstrong, Clarion, Clearfield, Crawford, Elk, Erie, Jefferson, Lawrence, McKean, Mercer, Venango and Warren counties.
    Thomas W. Golonski, previously president and chief executive officer of First Seneca Bank, was named chairman and chief executive officer of Integra Bank/North. "The history of Integra Bank in northwestern Pennsylvania is well over a century old, and has included numerous mergers of local, community banks over recent years," Golonski said. "We're proud to offer our customers the advantages of expanded location convenience, while maintaining our commitment to the communities we now serve," he added.
    According to Carroll, Integra Financial Corporation launched an extensive study of its market shortly after its formation in 1989. "This study revealed many areas where our member banks were directly competing with one another," he said. "It became clear that we could offer better service by realigning the branches of our seven banks into three larger banks, based on the three natural geographic boundaries of western Pennsylvania.
    "One of our primary corporate objectives is to create what we're calling  super community banks,'" Carroll said. "We have no intention of turning our focus away from the communities which have provided our growth. The management team for Integra Bank/North is comprised of the same local leaders its customers have come to know and respect."
    Golonski discussed the impact of the merger on customer relationships. "This is a very positive change for customers. Because products and services throughout the company have already been standardized, there will be virtually no interruption in service. In addition to our expanded branch network, customers can now benefit from the strength of our increased resources and shared history of strength and stability. It is an exciting change for all of us," he concluded.
    -0-                           11/7/91
    /CONTACT:  William S. Eiler of Integra, 412-644-8073, or home at 412-921-7620/
    (ITGR) CO:  Integra Financial Corporation; Integra Bank/North ST:  Pennsylvania IN:  FIN SU:  TNM DM -- PG002 -- 2129 11/07/91 10:32 EST
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Publication:PR Newswire
Date:Nov 7, 1991
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