PNC Bank closes 47 additional branches in 15 states, on June 23
The decision was made after the evaluations of the branch network, said the company.
If you have a smartphone, you probably have a downloaded bank application. These NIFTY programs help you keep track of your money during your trip: you can launch money transfers, Report fraud , or speak practically with a customer service representative. But still, there are times when you have to visit a banking branch - and you might also feel more comfortable interacting with a cashier in person. So when one of these The locations closes , this can be seriously annoying, forcing you to drive further to make your deposits or withdrawals. If you are a customer of the PNC bank, this could soon be your reality, because the company has just confirmed its intention to close 47 branches in 15 states. Read the rest to find out which locations close on June 23.
Read this then: Target closes several locations, from May 13 .
Some states lose more locations than others.
According to a March 25 weekly bulletin Regulatory documents from the US Currency controller (OCS), the PNC bank plans to close 47 branches this summer. All locations stop on June 23, said a spokesman for the PNC Better life . This moment coincides with the OCC regulations, which oblige banks to provide notice of at least 90 days before closings. AE0FCC31AE342FD3A1346EBB1F342FCB
Virginia will be hit the hardest, losing a total of 11 locations, followed by Texas, which loses seven locations. New Jersey and Alabama are close late, losing five branches and four branches respectively. Maryland and Florida say goodbye in three places each, while Kentucky, Pennsylvania, Arizona and Ohio have submitted to two PNC locations. Calorado, Colorado, Illinois, Michigan and North Carolina will lose only one place each.
It is not yet clear where the final branch will end, because the March 25 depot confirms only 46 closures. A complete list of closing locations and addresses is included in the Occ bulletin.
PNC said that it "regularly assesses" its location network.
In a declaration provided to Better life , PNC said that these closures are the result of regular assessments.
"PNC acknowledges that branches continue to play an important role for many customers when it comes to carrying out certain transactions and playing financial conversations in person with our banking experts, which is why we regularly assess our network of network Branch, as well as our other available bank methods, to determine if we respond most effectively to the needs of our customers, "said a spokesperson for the PNC.
"After a meticulous examination of our business model, strategic objectives of PNC and the potential impact on our customers, the decision was made to close 47 branches on June 23, 2023. We remain determined to provide our objective to do Advance financially and we are convinced that we can meet or exceed the needs of our customers in the nearby branches, alongside other banking methods available, "added the spokesperson.
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Some of the fence branches are located in grocery stores.
In July 2022, the PNC bank confirmed that it would end 135 store stores in store . Brick and mortar banking closures are part of a national trend - while customers are heading for online banking services. According to Cincinnati business corner ,, vs Losing these stores within retailers is a distinct but related trend.
The latest series of closures includes traditional self -supporting branches, as well as several located inside grocery store . According to the OCC file, in June, around 17 branches of the PNC bank close at Giant, Stop & Shop and Tom Thumb (a regional supermarket chain belonging to Albertsons).
It is important to note that PNC also opens the branches this year, according to the Cincinnati business corner , but the closures are more numerous than the new locations.
PNC closed dozens of locations in March.
According to Cincinnati business corner , so far this year, PNC has announced 173 branch closures - up to 105 announced by the same point last year. The company has not yet confirmed the number of banks in total that it plans to close in 2023.
In December, PNC Bank announced its intention to close about 32 locations - and just last month, this company closed roughly 28 branches , according to March 18 regulatory deposits.
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