Elizabeth branch among 52 PNC locations to close
By Deb Erdley
Trib Total Media
PNC Financial Services plans to permanently close 52 branch offices.
In a filing with the Office of the Comptroller of the Currency, the financial powerhouse said it intends to close nine branch offices in Western Pennsylvania, including offices in downtown Greensburg, Indiana, North Versailles, Elizabeth, Mt. Lebanon, West Mifflin, Bridgeville and South Fayette.
The closures that include PNC branches in 13 states are part of an ongoing transformation of the U.S. banking industry, as transactions once handled on paper and in person are increasingly moving to the digital world.
An analysis of federal records by Quartz found the number of full-service bank branch offices across the U.S. declined from 95,000 in 2010 to 83,000 last year.
PNC, with roots in Pittsburgh predating the Civil War, today is a financial powerhouse that boasts about 2,400 branches in 37 states, with multiple branches in some Pittsburgh-area communities.
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