WHEELING, W.Va., June 12, 2015 /PRNewswire/ -- WesBanco, Inc. (Nasdaq: WSBC) President and CEO, Todd F. Clossin, announced that Joseph P. Flynn, Jr., SVP and Manager of Community Development for WesBanco Bank Inc., has received the 2015 Council's Award from FHLBank Pittsburgh for excellence in community investment. John Bendel, FHLBank Director of Community Investment, presented Mr. Flynn with the award at an event held on June 8, 2015.
Named in recognition of FHLBank Pittsburgh's Affordable Housing Advisory Council, FHLBank's annual Council's Award provides special recognition to an outstanding financial services professional who has demonstrated superior professional commitment and community spirit. The award highlights accomplishments and services in meeting FHLBank's affordable housing and community investment mission.
Mr. Clossin said, "At WesBanco, we take our commitment to meeting the banking and credit needs of our communities and our customers very seriously. This is what community banks do for their customers. WesBanco is also a past recipient of the prestigious FDIC Chairman's Award for Excellence in Serving the Needs of Low- and Moderate-Income Consumers. We are always proud to be recognized for our community service achievements and we are very pleased to see Mr. Flynn recognized for his valued contribution."
Mr. Flynn, who is responsible for WesBanco's community development and community investment activities, its Community Development Corporation and its Community Reinvestment Act (CRA) compliance in Ohio, Pennsylvania and West Virginia, has served as the bank's head of Community Development since 2004. WesBanco has a long history of superior performance in community lending, investment and service, having received five consecutive Outstanding CRA ratings from its federal banking regulators, with four of them coming under Mr. Flynn's leadership.
Mr. Flynn said, "I am pleased to be the recipient of this award and over the years have the efforts and dedication of the entire WesBanco organization and Community Development staff recognized for returning vital capital to all segments of the communities we serve. Our ability to remain focused on the needs of our communities and to provide products, programs and services to meet those needs, while expanding into new market areas and growing our primary business, is a testament to our Bank's commitment to the spirit of the Community Reinvestment Act."
Before entering the banking industry, Mr. Flynn had extensive experience in energy conservation at the Federal and local levels and earlier in his career, he was part of the leadership team that created the U.S. Department of Energy. He has held senior positions within the Department in Defense Programs and Energy Conservation.
Mr. Flynn chairs the board of the WesBanco Community Development Corporation and the investment committee of TechGROWTH Enterprises, LLC. He is Vice Chair for Community Services of the United Way of Washington County (PA) and a member of the West Virginia Small Business Development Center Advisory Board.
A graduate of LaSalle University in Philadelphia, Pennsylvania with a B.A. in Political Science, he received a Master of Science in Administration from The George Washington University. He served in the U.S. Army in Vietnam and is a graduate of the West Virginia Graduate School of Banking and the National Community Development Lending School. He and his family reside in Mt. Lebanon, Pennsylvania.
WesBanco is an active and long-term user of FHLBank's Affordable Housing Program that delivers grants to sponsors of low- to moderate-income housing projects. The bank has also taken advantage of the Community Lending Program and Banking On Business program that help support community projects and small businesses in its footprint.
About WesBanco
WesBanco Inc. is a multi-state bank holding company with total assets of approximately $8.2 billion operating through 142 branch locations and 130 ATMs in West Virginia, Ohio and Pennsylvania. WesBanco's banking subsidiary is WesBanco Bank Inc., headquartered in Wheeling, W.Va. WesBanco also operates an insurance brokerage company, WesBanco Insurance Services Inc., and a full-service broker/dealer, WesBanco Securities Inc. For additional information, visit www.wesbanco.com.
About FHLBank Pittsburgh
As an intermediary between global capital markets and local lenders, FHLBank Pittsburgh provides readily available liquidity, as well as affordable housing and community development opportunities, to member financial institutions of all sizes in Delaware, Pennsylvania and West Virginia. The Bank is part of the Federal Home Loan Bank System, which was established by Congress in 1932 and serves as a reliable source of funds for housing, jobs and economic growth in all economic cycles. To learn more, visit www.fhlb-pgh.com.
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SOURCE WesBanco, Inc.
