S&T Bancorp Announces Retirement of Steven J. Weingarten from Board of Directors
January 30, 2024 at 02:45 am IST
Share
S&T Bancorp, Inc. announced that Steven J. Weingarten, 65, has decided to retire from the board of directors and will not stand for re-election at the company's 2024 Annual Meeting of Shareholders in May. Weingarten served as a managing partner of McNees, Wallace and Nurick from 2002 to 2006. He previously served on the board of Integrity Bancshares Inc. from 2003 until it was acquired by S&T in March 2015.
Weingarten retired from practicing law in April 2019.
S&T Bancorp, Inc. is a bank holding company. The Companyâs segments include Commercial Real Estate (CRE), Commercial and Industrial (C&I), Commercial Construction, Business Banking, Consumer Real Estate and Other Consumer. The CRE segment includes loans secured by commercial purpose real estate, including both owner-occupied properties and investment properties for various purposes such as hotels, retail, multifamily and healthcare. The C&I segment includes loans made to operating companies or manufacturers for the purpose of production, operating capacity, accounts receivable, inventory, or equipment financing. The Commercial Construction segment includes loans made to finance the construction of buildings or other structures, as well as to finance the acquisition and development of raw land for various purposes. The Business Banking segment includes commercial loans made to small businesses. Consumer Real Estate segment includes loans secured by first and second liens.