PNC to open over 300 branches by 2030

PNC announced it will be opening more than 300 new branches by 2030, adding 100 new branches to the expansion plans announced last November and increasing its total branch investment to approximately $2B. The additional branches, in markets including Nashville, Chicago, Sarasota and Winston-Salem, extend PNC‘s expansion efforts to nearly 20 markets across the United States. PNC also re-affirmed its plan to complete the renovation of 100% of its branch network by 2029. In total, by 2030 PNC also plans to hire more than 2,000 new employees in support of the bank’s retail expansion efforts. As part of this investment, PNC plans to add approximately 35 new branches to its presence in Nashville, building upon the strong momentum it has seen since entering the market in 2018. PNC also plans to build 40 additional new branches in six other cities across the Southeast, including Fort Myers, Lakeland, Sarasota, Asheville, Winston-Salem and Wilmington, N.C. By expanding its presence in these fast-growing Southeast regions, PNC aims to be a leading bank in these markets, conveniently meeting the needs of consumers and businesses of all sizes. PNC is also significantly increasing its presence in Chicago, adding approximately 25 branches to its existing 113 locations across the market. This investment reinforces PNC’s commitment to Chicago as a key growth market, allowing the bank to continue to meet the strong local demand for its services as well as enhancing customer convenience. PNC Bank, is a member of The PNC Financial Services Group (PNC).