PNC Bank recently announced an approximate $1 billion investment plan that will be used to open more than 100 new branches in key locations to improve the reach of the bank’s coast-to-coast network.
Locations include Austin, Dallas, Denver, Houston, Miami, and San Antonio.
The investment also will renovate more than 1,200 existing locations through 2028.
“As one of the largest retail banks in the United States, our vast branch network, alongside our other core banking channels, plays a key role in how we serve and provide solutions to our customers across the country,” Alex Overstrom, head of PNC Retail Banking, said. “Today’s announcement further underscores our commitment to continuously invest in our branch network to effectively meet the needs of our customers in an evolving financial landscape.”
PNC currently has approximately 2,300 locations nationwide. It also serves customers online and through mobile banking platforms and its customer care center. Customers can use more than 60,000 PNC and partner ATMs nationwide.
PNC Bank is a member of The PNC Financial Services Group, one of the largest diversified financial services institutions in the United States. It offers corporate banking, real estate finance and asset-based lending, wealth management and asset management.