Integra Bank (Pittsburgh)
| Integra Bank | |
| Public | |
| Industry | Banking |
| Fate | Acquired by National City Corp. |
| Successor |
National City Corp. - 1995 PNC Financial Services (partial) - 2009 First Niagara Bank (partial) - 2009 (partial)2016 KeyBank (partial) |
| Defunct | May 3, 1996 |
| Headquarters | 20 Stanwix Street, Downtown Pittsburgh, Pittsburgh, Pennsylvania, United States |
| Products | Financial Services |
Integra Financial Corporation was a Pittsburgh-based bank that was eventually acquired by National City Corp. in May 1996 as one of National City's first attempts at becoming a major powerhouse in American banking.
Integra had expanded throughout Western Pennsylvania through acquisitions of smaller banks in the region, eventually surpassing the privately held Dollar Bank but dwarfed by its three larger rivals, Mellon Financial (now The Bank of New York Mellon), PNC Financial Services, and Equibank.
Unlike those banks, Integra's color scheme was "gold" and "duranautic bronze" (anodization process used for coating aluminum the end result is a dark bronze). The basis for this choice was the impression that these colors represented strength and value. The colors where first used in the Union Nation Bank of Pittsburgh logo designed by Phil Luth of Luth and Katz design firm from New York in 1976. "The Union National Bank of Pittsburgh was the 4th largest bank in Pittsburgh at the time of "State-wide banking" and acquired several smaller banks and used the Integra name as the holding company name. In the late 1980s the holding company name was used more as a trade name. The Union National Bank of Pittsburgh was one of the most profitable banks in the nation until the late 1980s. Charles L. McCune, was President and then Director of The Union National Bank of Pittsburgh for 56 years, served as its President from 1945 until 1972, and then as Chairman until his death. During his life, Charles McCune gave generously to charitable organizations, mostly in the Pittsburgh area, while seeking no public recognition of his philanthropy. He established the Foundation in memory of his parents, Janet Lockhart McCune and John Robison McCune. He was followed by Richard Edwards and then by George Kesel as President of the bank.
In 1992, Integra became the area's third-largest bank by purchasing the much larger Equibank, which had moved to downtown from nearby McKeesport in 1964. The deal made Integra the third-largest bank in Pittsburgh behind PNC and Mellon, but also left the institution financially strapped due to Equibank's debts as well as Integra's own financial problems. Unbeknownst to customers of both banks, the Integra-Equibank merger set off a round of musical chairs of name changes for the next 24 years.
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