| WSBC Description: WesBanco, Inc. operates as the holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, and mortgage banking and insurance services in the United States. It operates in two segments, Community Banking, and Trust and Investment Services. The company offers commercial demand, individual demand, and time deposit accounts; money market accounts; savings deposits; and certificates of deposit. It also provides commercial real estate loans; commercial and industrial loans; residential real estate loans, including loans to purchase, construct, or refinance borrower’s home; home equity lines of credit; and consumer loans comprising installment loans to finance the purchases of automobiles, trucks, motorcycles, boats, and other recreational vehicles, as well as home equity installment loans, unsecured home improvement loans, and revolving lines of credit. In addition, the company offers trust and investment services, as well as various investment products, such as mutual funds and annuities. Further, WesBanco, Inc., through its non-banking subsidiaries, acts as an agency that specializes in property, casualty, life, and title insurance, as well as in benefit plan sales and administration to personal and commercial clients; provides broker dealer and discount brokerage services; and holds and leases commercial real estate properties, as well as acts as an investment adviser to a family of mutual funds. As of February 18, 2016, it operated through 141 branch locations, 1 loan production office, and 129 ATMs in West Virginia, Ohio, and western Pennsylvania. The company was founded in 1968 and is headquartered in Wheeling, West Virginia. |
