America’s 6th-Largest Bank Announces Closure, 19 Additional Branches Shuttered

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America’s 6th-Largest Bank Announces Closure, 19 Additional Branches Shuttered

America’s sixth-largest bank, PNC, has announced the closure of 19 more branches nationwide after it closed 203 branches earlier this year.

The news comes as a slew of major US banks continue to shut down branches as they shift towards digital currency.

PNC’s decision is now raising fears among customers who prefer traditional banking methods.

The scheduled closures will mainly impact ​Pennsylvania, where the majority of branches marked for closure are located.

However, they will also shut down several branches in other states, including ​Illinois, ​Texas, Alabama, New Jersey, Ohio, Florida, and Indiana,

Below is a list of branches due to close on February 16th:

202 N. Walnut St., Bath, Pennsylvania

301 W. Trenton Ave., Morrisville, Pennsylvania

14 N. Main St., Plains, Pennsylvania

Two N. Mill St., New Castle, Pennsylvania

1969 E. 3rd St., Williamsport, Pennsylvania

321 Bel Air Blvd., Mobile, Alabama

2811 Eastern Blvd., Montgomery, Alabama

5650 S. Brainard Ave., Countryside, Illinois

2217 W. Market St., Bloomington, Illinois

1949 E. Sangamon Ave., Springfield, Illinois

505 W. Liberty St., Wauconda, Illinois

8733 U.S. Highway 315, Indianapolis, Indiana

528 Station Ave., Hadden Heights, New Jersey

410 Main St., Orange, New Jersey

115 E. Van Buren Ave., Harlingen, Texas

407 S. Commerce St., Harlingen, Texas

801 W. Kearney St., Mesquite, Texas

1040 Mt. Vernon Ave., Columbus, Ohio

1140 N. Main St., Gainesville, Florida

The bank said in a statement:

“PNC recognizes that branches play a key role in how we provide solutions to our clients, alongside our other channels,” the bank said in a statement.

“That’s 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 of this work, we have grown our PNC branch footprint over the past five years–by building out new branches and through acquisitions–while total industry branches have declined.

“At the same time, we also make decisions to close branches as customer needs evolve.

“As always, we will continue to invest in – and optimize – our branch network alongside our other core banking channels to serve our customers in the most effective way we can,” the company said.

The closures of PNC bank branch in 2023 is estimated to be around 203

PNC Bank joins other banks downsizing their physical presence.

Below is a list of bank branches that have either ceased operations or are facing closure:

Wells Fargo. 1155 Union Circle, 2ND FL RM 222, Denton

Wells Fargo. 700 Jackson, Richmond

Wells Fargo. 14999 Preston Rd, Building F, Dallas

Verabank. 1100 Williams Dr, Georgetown

Amerant Bank. 12145 FM 1960 West, Houston

Wells Fargo. 3580 Frankford Rd, Dallas

Wells Fargo. 1200 Flower Mound Rd, Flower Mound

JP Morgan. 213 W Greens Rd, Houston

Wells Fargo. 2824 Hillcroft St, Houston

Bank of America. 9660 Hillcroft St, Houston

Wells Fargo. 1420 West Mockingbird Lane, Dallas

JP Morgan Chase. 16802 El Camino Real, Houston

Capital One. 2301 E. Riverside Dr, Austin

Capital One. 2910 S. Lakeline Blvd, Cedar Park

Wells Fargo. 11152 S. Gessner Dr, Houston

Woodforest NB. 80 Uvalde, Houston

JP Morgan. 14114 Dallas Parkway, Dallas

Wells Fargo. 1420 West Mockingbird Lane, Dallas

JP Morgan Chase. 16802 El Camino Real, Houston

JP Morgan. 1200 Clear Lake City Blvd, Houston

JP Morgan. 3103 FM 528 Friendswood

Home Bank. 12941 Gulf Freeway, Houston

Home Bank. 251 West Medical Center, Webster

Bank of America. 7900 Shoal Creek Blvd, Austin

First NB. 5671 Treaschwig Rd, Spring

First NB. 5671 Treaschwig Rd, Spring

Bank of America. 7900 Shoal Creek Blvd, Austin

READ: Australia’s Fifth-Largest Bank Announces It Will DISCONTINUE CASH by 2024

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