PNC Bank is a subsidiary of PNC Financial Services Group, Inc. This is a U.S.-based financial services corporation with assets of approximately $269.9 billion. It has more than five million retail banking customers in the U.S.
The Bank offers different financial services in the many locations. In the retail banking division, you can deposit, money, borrow money, and get investment and cash management services. It has an asset management group. This group offers services to institutional investors and it serves not-for-profit organizations and retirement plans. It offers corporate and institutional banking. It is one of the leading credit providers in the U.S. and one third of the FORTUNE ® 500 companies use this service. It also provides residential mortgage banking for first-time home-owners, for home refinancing, and for other mortgaging solutions. It has a loan portfolio of close to $200 billion. The Bank owns 1/4 of BlackRock. This is one of the largest investment management firms in the U.S. and it offers individual and institutional investors different investment products.
There are 2,550 PNC Bank locations across the U.S. and 6,400 ATMs in 14 states. It is expanding fast across the U.S. It offers additional services such as insurance services and bill payment facilities. You can also do mobile banking and online banking. These options give unparalleled convenience and online banking means you can use financial services even outside the country. The bank has a presence in 19 campuses. In these campuses, students get free VISA check cards, free checking accounts, and international student services such as language interpretation.
Interesting facts are that PNC bank owns PNC Park, the home of the Pittsburgh Pirates baseball team, PNC Field, the home of the Wilkes-Barre/Scranton Yankees baseball team, and New Jersey’s PNC Bank Arts Center. It is based in Pittsburgh, Pennsylvania.