- PNC Bank has increased its branch investment to $1.5 billion, targeting the opening of over 200 new branches and renovating 1,400 existing locations across 12 major US cities over the next five years.
- This expansion adds to PNC’s extensive network, currently the fourth largest in the US with over 2,200 branches.
- The new investment will enhance PNC’s presence in cities like Dallas, Denver, Miami, Orlando, and more.
- Alex Overstrom, head of retail banking, highlights that branches remain central to PNC’s customer service strategy, aiming to improve access to financial services and support the financial health of communities nationwide.
PNC Bank Invests $1.5 Billion to Expand and Modernize Branch Network Across the US
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