Main Street Bank Agrees to Merge Into First Community

The Wooster-based lender will combine with the Bluefield, Virginia bank, which will remain the surviving corporation.

Updated on Nov. 5, 2026 in Banking

Photograph of a plain two-story brick and glass bank building on a quiet Ohio street under overcast sky, with a bare maple tree on an empty sidewalk. — Main Street Bank agreed to merge into Bluefield, Virginia's First Community Bank, which will remain the surviving corporation, pending shareholder and regulatory approvals. AI Illustration. Upload story photo >

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Main Street Bank has agreed to merge into First Community Bank, a Bluefield, Virginia institution that will continue as the surviving corporation. The agreement has been unanimously approved by both companies' boards of directors.

Why it matters

The merger gives First Community Bank entrance into the Midwest market, while Main Street's northeast Ohio branches become part of a larger regional network. Completion remains subject to shareholder approval, regulatory approvals, and other customary closing conditions.

Main Street Bank reported approximately $1.6 billion in consolidated assets at September 30, 2026, and the combined organization is projected to hold about $5.2 billion before transaction-related adjustments. The final figure will depend on adjustments not yet disclosed and on the completion of shareholder and regulatory approvals.

The players

Main Street Bank

A Wooster, Ohio lender with branches in Wheeling, Moundsville, Toronto, Wellsburg, St. Clairsville, and multiple locations in northeast Ohio.

First Community Bank

A Bluefield, Virginia bank that currently operates branches in West Virginia, Virginia, Tennessee, and North Carolina and will survive the merger as the combined entity.

Mark Witmer

Named to lead First Community Bank's Ohio operations as President of the Ohio Region following the merger.

The details

Under the new agreement, Main Street Bank will merge into First Community Bank, which will continue as the surviving corporation. One member of the Main Street Bank Board of Directors will join the First Community Bank Board, and Mark Witmer will serve as President of the Ohio Region. Main Street previously merged with Wooster-based Wayne Savings Bank in 2023.

2023: Main Street Bank merged with Wayne Savings Bank.
September 30, 2026: Main Street reported approximately $1.6 billion in consolidated assets.
Early second quarter 2027: The merger is expected to be finalized.

Market Dynamics

Main Street's 2023 merger with Wayne Savings Bank set a precedent for consolidation among Ohio community lenders, and this agreement continues that pattern by folding the bank into a Virginia-based institution. The move reflects a broader push by regional banks to gain scale and reach new markets such as the Midwest.

Main Street Bank customers in Wooster, Wheeling, and northeast Ohio will eventually bank with First Community Bank once the merger closes. The transaction is not yet final, so current accounts and branch operations continue as usual until the closing conditions are met.

The takeaway

For Ohio depositors, a merger of this kind usually changes the institution behind an account rather than the account itself, so it is worth watching for notices on account terms once the deal closes. Keep existing account details on hand until any transition is confirmed.

What happens next

The merger is expected to be finalized in early second quarter 2027, pending shareholder approval, regulatory approvals, and other customary closing conditions.