First Community moves into Ohio with $243M Main Street deal

Virginia's First Community Bankshares will buy Wooster, Ohio-based Main Street Financial Services for about $243 million, adding $1.6 billion in assets, $1.4 billion in deposits and 21 branches. Closing is expected in the second quarter of 2027.

Why it matters: The deal takes First Community into Ohio for the first time and lifts the combined bank to about $5.2 billion in assets.