#United States #WesBanco #Wheeling, West Virginia #Community Reinvestment #FDIC

WesBanco Bank's Sustained Excellence in Community Investment

WesBanco Bank, a subsidiary of WesBanco, Inc. (NASDAQ: WSBC), has once again showcased its unwavering commitment to community development by securing an 'Outstanding' rating from the Federal Deposit Insurance Corporation (FDIC). This recognition marks the ninth consecutive time the bank has achieved this top rating, solidifying its role as a key player in uplifting low- and moderate-income communities across its operational areas.

Since the inception of the Community Reinvestment Act (CRA), the FDIC has been responsible for evaluating how financial institutions address the credit needs of the populations they serve. WesBanco has consistently excelled in this evaluation process, reflecting its deep-seated dedication to community lending and investments. According to the latest evaluation, which spanned from November 2022 to May 2026, the bank's performance metrics continue to impress.

Jeff Jackson, President and CEO of WesBanco, emphasized the importance of this achievement, stating, "Earning the FDIC's highest CRA rating is an achievement that reflects the dedication of our employees and our long-standing commitment to the communities we serve." He noted that the bank's initiatives are designed to forge meaningful opportunities through lending, community development projects, and volunteerism, thereby enhancing local economies and building stronger neighborhoods.

The bank's remarkable performance over the review period included several notable accomplishments:

• - Community Development Loans: WesBanco originated more than 320 loans specifically aimed at community development, totaling around $1.6 billion. This effort has significantly contributed to enhancing the financial infrastructure in its operating regions.
• - Innovative Lending Programs: The bank has rolled out several lending initiatives designed to broaden access to credit for low- and moderate-income borrowers, demonstrating its focus on inclusivity and support for underserved populations.
• - Community Investments: WesBanco invested upwards of $204 million via over 1,000 qualified investment opportunities and donations, further illustrating its commitment to community welfare.
• - Service Contributions: With nearly 32,000 hours dedicated to community service through about 1,900 activities, the bank's employees have played an integral role in fostering positive change in their communities.

WesBanco's commendable performance across seven states, including Indiana, Kentucky, Maryland, Michigan, Ohio, Pennsylvania, and West Virginia, signals its ongoing growth and expansion in the financial sector, including its strategic acquisition of Premier Financial Corp. The bank actively seeks to enhance its regional presence while remaining grounded in its community-focused goals.

Conclusion: A Legacy of Commitment

WesBanco's sustained excellence as a financial institution over more than 150 years highlights its crucial role in driving not just economic success but also social impact. With a robust asset base of $27.8 billion, WesBanco is strategically positioned to continue empowering its customers and communities alike. Its relentless focus on building opportunities ensures that it remains a pillar of strength in the regions it serves. Moving forward, WesBanco aims to leverage its resources and expertise to foster continued growth and vitality within its communities, reinforcing its commitment to responsible banking and community engagement.

For further details regarding WesBanco’s performance evaluations and community initiatives, you can visit their official website and follow them on social media channels.