History | WesBanco

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History

Building a Better Bank – Every Day Since 1870.

From the moment we took our very first deposit, right up to today, our story has been a story of our customers – and of the region. We’ve grown as you’ve grown. And our success has been built on your success.

Today our bank operates under the same basic charter that was issued on January 20, 1870 to “The German Bank” which officially began operations on April 3, 1870. Seventeen years later, on February 3, 1887, the Dollar Savings Bank was organized in Wheeling. The two banks would eventually merge and the combined bank’s leaders were incredibly active in building a better, stronger region. It was the first of many acquisitions and mergers that would allow us to grow with the needs of our customers.

Through the years, we’ve been there as the people of this area fought through the rise and fall of industrial cycles, natural disasters, crop disasters and personal tragedies. And we’ve been inspired by the resilience and optimism of the people we serve. The spirit of our customers drove us to be a better bank then – and it drives us to this day.

Some key dates from our history.

  • January 20, 1870

    Original Charter issued as “The German Bank,” Wheeling, WV.

  • February 3, 1887

    Dollar Savings Bank was organized.

  • March 31, 1903

    The Wheeling Title & Trust Co. and the Dollar Savings Bank merged to form the Dollar Savings & Trust Co.

  • 1914

    The Commercial Bank was acquired by the Bank of the Ohio Valley.

  • May 22, 1917

    The Peoples Bank and the Citizens National Bank merged to form the Citizens Peoples Bank & Trust Co.

  • July 11, 1918

    The German Bank changed its name to the Wheeling Bank & Trust Co.

  • August 31, 1918

    The Dollar Savings & Trust Co. acquired the City Bank of Wheeling.

  • January 11, 1923

    The Mutual Savings Bank consolidated with the Citizens-Peoples National Bank & Trust Co. to form the Citizens Mutual Bank & Trust Co.

  • April 9, 1923

    The Wheeling Bank & Trust Co. acquired the Bank of the Ohio Valley.

  • December 30, 1933

    The Wheeling Bank & Trust Co. and the Dollar Savings & Trust Co. merged to form the Wheeling Dollar Savings & Trust Co. (It became the largest bank in the state at the time with assets in excess of $19 million.)

  • April 29, 1939

    The Wheeling Dollar Savings & Trust Co. acquired the Citizens Mutual Savings Bank.

  • December 14, 1944

    The South Side Bank of Wheeling and the Center Wheeling Savings Bank merged to form the South Wheeling Bank & Trust Co.

  • February 28, 1949

    The Wheeling Dollar Savings & Trust Co. acquired the National Exchange Bank.

  • December 4, 1964

    The Wheeling Dollar Savings & Trust Co. acquired the South Wheeling Bank & Trust Co.

  • September 9, 1968

    WesBanco, Inc. was incorporated.

  • December 31, 1976

    Wheeling Dollar Savings & Trust Co. reorganized as a subsidiary of WesBanco, Inc.

  • April 4, 1984

    WesBanco, Inc. acquired Citizens National Bank of Follansbee.

  • October 1, 1984

    New Martinsville Bank was acquired.

  • December 28, 1984

    First-Tyler Bank and Trust Co. (Sistersville) was acquired.

  • December 31, 1985

    Wellsburg National Bank was acquired.

  • July 22, 1985

    Wheeling Dollar Savings & Trust Co. merged with the Citizens National Bank of Follansbee and changed the name to Wheeling Dollar Bank.

  • April 20, 1987

    Wirt County Bank, Elizabeth, and South Hills Bank, Charleston were acquired.

  • October 15, 1987

    Bank of Sissonville was acquired.

  • October 16, 1987

    First National Bank of Wheeling was acquired.

  • August 1, 1988

    Mountain State Bank, Parkersburg was acquired.

  • July 1, 1991

    WesBanco, Inc. changed the name of all its affiliate banks to WesBanco.

  • December 2, 1991

    Albright National Bank of Kingwood was acquired.

  • February 10, 1992

    The Bank of Follansbee, Follansbee, WV was acquired.

  • July 17, 1992

    First National Bank of Barnesville, Ohio, was acquired.

  • September 27, 1993

    Merger of WesBanco Bank New Martinsville and WesBanco Bank Sisterville into WesBanco Bank Wheeling.

  • February 28, 1994

    First Fidelity Bancorp, Inc., Fairmont, was acquired.

  • April 4, 1994

    WesBanco Bank Wellsburg, Inc. merged into WesBanco Bank Wheeling.

  • June 6, 1994

    FirstBank Shinnston, Inc. merged into Bridgeport Bank.

  • October 21, 1994

    Central National Bank merged into WesBanco Bank Fairmont, Inc. which was converted from a national bank to a state bank.

  • February 17, 1995

    Merger of WesBanco Bank Elm Grove into WesBanco Bank Wheeling

  • April 28, 1995

    WesBanco Bank Bridgeport, Inc. merged into WesBanco Bank Fairmont, Inc.

  • August 25, 1995

    WesBanco Bank Sissonville merged into WesBanco Bank South Hills.

  • October 11, 1995

    Date of Organization of McLure Hotel, Inc.

  • October 11, 1995

    Date of Incorporation of WesBanco Properties, Inc.

  • November 1, 1995

    Acquisition of property of McLure Land Company by McLure Hotel, Inc.

  • November 17, 1995

    WesBanco Bank Elizabeth was merged into WesBanco Bank Parkersburg.

  • May 10, 1996

    WesBanco Mortgage Company, Incorporated.

  • August 20, 1996

    WesBanco Mortgage Company Acquires the Assets to the Universal Mortgage Company.

  • August 30, 1996

    Bank of Weirton merged into WesBanco Bank Wheeling.

  • October 4, 1996

    WesBanco Bank Kingwood Merged into WesBanco Bank Fairmont, Inc.

  • December 30, 1996

    Acquisition of Vandalia National Corporation by WesBanco, Inc. Through Merger of VNC Corporation into Vandalia National Corporation.

  • December 30, 1996

    The National Bank of West Virginia Merged into WesBanco Bank Fairmont, Inc.

  • June 30, 1997

    Acquisition of Shawnee Bank and merger into WesBanco Bank South Hills, changing its name to WesBanco Bank Charleston.

  • March 31, 1998

    Acquisition of Commercial Bancshares, Incorporated by merger into CBI Holding Company; Merger of Dime Bank, Farmers and Merchants Bank of Ritchie County, The Community Bank and The Jackson County Bank into Commercial Banking and Trust Co. and changing its name to WesBanco Bank Commercial; Merger of Bank of Paden City and Bank of McMechen into WesBanco Bank Wheeling.

  • May 29, 1998

    Merger of WesBanco Bank Parkersburg with and into WesBanco Bank Commercial, Inc. and change of its name to WesBanco Bank Parkersburg, Inc.

  • June 18, 1998

    Acquisition of Hunter Agency, Inc. by merger with HAI Acquisition Company as a subsidiary of WesBanco Bank Fairmont, Inc.

  • June 30, 1998

    Divestiture of Union Bank of Tyler County by WesBanco, Inc.

  • July 17, 1998

    Merger of WesBanco Bank Barnesville with and into WesBanco Bank Wheeling.

  • September 15, 1998

    Acquisition of certain assets of Simons Insurance Agency, Inc. by Hunter Agency, Inc.

  • April 30, 1999

    Acquisition of The Heritage Bank of Harrison County, Inc. by merger into WesBanco Bank Fairmont, Inc.

  • June 23, 1999

    Approval by the West Virginia Division of Banking for WesBanco Bank Wheeling to establish limited service trust branch offices at Clarksburg, Morgantown, Fairmont, Parkersburg and Charleston (Federal Reserve approval 5/22/99).

  • July 1, 1999

    Consolidation of trust services under the name “WesBanco Trust and Investment Services”.

  • January 14, 2000

    Merger of WesBanco Bank Charleston, WesBanco Bank Parkersburg, WesBanco Bank Fairmont and WesBanco Mortgage Company with and into WesBanco Bank Wheeling and Change of Name to WesBanco Bank, Inc.

  • December 29, 2000

    Execution of Agreement and Plan of Merger with Freedom Bancshares, Inc.

  • February 22, 2001

    Execution of Agreement and Plan of Merger with American Bancorporation.

  • September 17, 2001

    Termination Agreement with Freedom Bancshares, Inc.

  • March 1, 2002

    Acquisition of American Bancorporation, merger of AB Corporation into WesBanco and merger of Wheeling National Bank into WesBanco Bank, Inc.

  • August 31 , 2004

    WesBanco, Inc. Acquisition of Western Ohio Financial Corporation by Merger; and Merger of Cornerstone Bank and WesBanco Bank, Inc.

  • January 3, 2005

    Acquisition of Winton Financial Corporation and The Winton Savings and Loan Co. by Merger with WesBanco, Inc. and WesBanco Bank, Inc.

  • November 30, 2007

    Acquisition of Oak Hill Financial, Inc. by merger into WesBanco, Inc.; Merger of Oak Hill Financial Insurance Agency, Inc. into WesBanco Insurance Services, Inc.; and Merger of Oak Hill Financial Services Company into WesBanco Securities, Inc.

  • April 25, 2008

    Merger of Oak Hill Banks into WesBanco Bank, Inc.

  • March 25, 2009

    Purchase of AmTrust Bank Branches by WesBanco Bank, Inc. and purchase of customer accounts from AmTrust Investment Services, Inc. and AmTrust Insurance Agency, Inc. by WesBanco Securities, Inc. and WesBanco Insurance Services, Inc.

  • November 30, 2012

    Acquisition of Fidelity Bancorp, Inc. by merger with WesBanco and merger of Fidelity Savings Bank with and into WesBanco Bank, Inc.

  • February 6, 2015

    Acquisition of ESB Financial Corporation by merger with WesBanco and merger of ESB Bank with and into WesBanco Bank, Inc.; Acquisition of Amsco, Inc. by WesBanco Bank, Inc.; Acquisition of THF, Inc. by WesBanco Bank, Inc. and transfer of ownership to WesBanco Insurance Services, Inc.

  • September 9, 2016

    Acquisition of Your Community Bankshares, Inc. by merger with WesBanco and merger of Your Community Bank with and into WesBanco Bank, Inc.; Acquisition of CBIN Insurance Inc. by WesBanco; Acquisition of Kentuckiana Real Estate Holdings, LLC, Southern Indiana Real Estate Holdings, LLC, CBSI Development Fund, Inc., CBSI Holdings, Inc., CBSI Investments, Inc., CBSI Investment Portfolio Management, LLC and Your Community Bank Charitable Foundation, Inc.

  • April 5, 2018

    Acquisition of First Sentry Bancshares, Inc. by merger with WesBanco and merger of First Sentry Bank, Inc. with and into WesBanco Bank, Inc.

  • August 20, 2018

    Acquisition of Farmers Capital Bank Corporation by merger with WesBanco and merger of United Bank & Capital Trust Company, Farmers Bank Realty Co. and EG Properties, Inc. with and into WesBanco Bank, Inc.; merger of Farmers Capital Insurance Corporation with and into WesBanco Insurance Services, Inc.; and acquisition of FFKT Insurance Services, Inc.

  • November 22, 2019

    Acquisition of Old Line Bancshares, Inc. by merger with WesBanco and merger of Old Line Bank, Inc. with and into WesBanco Bank, Inc. and acquisition of WSB Realty, LLC, FAH, LLC and Flagship Acquisitions Trust by WesBanco Bank, Inc.

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WesBanco operates branches and offices in 8 states. Over the past decade, we have built a national reputation as a safe, sound and profitable bank holding company that always strives to do better by its customers.

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