PNC Financial Services Group announced on 12 December 2025 that it had received all outstanding regulatory approvals required to complete its pending acquisition of FirstBank, Colorado's largest privately held bank. Clearance was granted by the Federal Reserve, the Office of the Comptroller of the Currency, and the Colorado Division of Banking, removing the final formal hurdles to a transaction that is expected to close on or about 5 January 2026, according to a statement published by the company.
CLOSING DATE AND CUSTOMER CONVERSION TIMELINE
Customer conversion — the migration of FirstBank account holders and their associated data, payment arrangements, and product relationships onto PNC's national technology and service platform — is anticipated for mid-2026.
FIRSTBANK FOOTPRINT
FirstBank's footprint is concentrated in Colorado, with an additional presence in Arizona.
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