CINCINNATI - Shareholders of Brentwood Financial Corp. approved the bank's previously announced purchase by PNC Bank Corp., PNC said.

The shareholder vote completes the required approval process. The acquisition is expected to be completed March 3.

Brentwood's three branches in metropolitan Cincinnati will open for business March 4 as branches of PNC Bank Ohio.

Brentwood Financial Corp. is the parent company of Brentwood Savings Association.

Brentwood Financial holders will receive $29 cash per common share for a total $21.5 million on a fully diluted basis.

PNC Bank Corp., headquartered in Pittsburgh, operates community banking offices across Pennsylvania, Delaware, Ohio, Kentucky, and Indiana, as well as mortgage offices in 31 states.

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