PNC Bank Announces Closure of Two Branches: PNC Bank announces the closure of 19 branches nationwide in February 2024, impacting two branches in Alabama.
Closing PNC Alabama Branches
The Alabama branches are located at:
- 321 Bel Air, Blvd, Mobile
- 2811 Eastern Blvd, Montgomery
PNC Bank released the following statement
PNC recognizes that branches play a key role in how we provide solutions to our clients alongside our other channels. Thats why we continually study customer and prospect transaction patterns to determine how we can most effectively meet the needs of our communities.
As a result, we have made significant investments in our PNC branch footprint over the past five years and continue building new branches and renovating existing locations. At the same time, we also make decisions to close branches as customer needs evolve.
PNC Bank statement
PNC continues to evolve
PNC Bank’s consolidation in Alabama, notably in Birmingham, follows its acquisition of BBVA USA in late 2020. The recent sale of the Daniel Building to UAB for $16 million marks another step in the company’s strategic moves in the region. Stay informed about PNC Bank’s evolving presence and its impact on the local landscape.
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Our Reader’s Queries
What PNC branches in Texas are closing?
This year, 16 branches in Texas have shut down, including locations at 14280 Marsh Ln in Addison, 301 Congress Ave in Austin, and 319 State Highway 62 in Buna. Other closures include branches at 4841 Colleyville Blvd in Colleyville, 101 N Shoreline Blvd in Corpus Christi, and 8303 Douglas Ave in Dallas. Additionally, branches at 10456 Montwood Dr in El Paso and 1000 Main St in Houston have also closed.
Is PNC Bank closing branches in Florida?
A total of nineteen branches will be shutting down. The affected states include Illinois with four closings, Texas with three, Alabama and New Jersey with two each, and Ohio, Florida, and Indiana with one each. Pennsylvania will be hit the hardest, with five branch closures, including one in the local area.
Is PNC cutting 19 branches in February?
PNC Bank is joining the trend of downsizing its physical locations, with plans to close 19 branches by February 16, 2024. The closures will impact several states, with five branches in Pennsylvania slated for shutdown.
Is PNC closing branches in PA?
PNC (NYSE: PNC) is closing down 19 branches in various states, with Pennsylvania being the most affected. Five branches in the commonwealth, including one in Philadelphia, will be shutting down. Additionally, PNC will also be closing two branches in New Jersey, one of which is located in South Jersey.