Northwest Savings Bank has completed its acquisition of $48 million-asset First Federal Savings Bank of Kane.

Northwest Savings president John O. Hanna said the purchase of the three-branch First Federal is expected to help the larger thrift compete in McKean and Clarion counties. No staff cuts are expected as part of the merger.

Northwest has $1.6 billion in assets, with 48 branches in 16 counties in western and central Pennsylvania. The thrift has also announced a merger with the First National Bank of Centre Hall, slated to close later this year.

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