Support to help support economic empowerment of African Americans, low- and moderate-income communities BALTIMORE, Sept. 1, 2021 – The PNC Foundation locally has committed $300,000 to the Center for Urban Families (CFUF) and $300,000 to Coppin State University over a three-year period, as part of the financial institution’s broader commitment to provide more than commit $1 […]
Minimum Hourly Rate Jumps to $18.00 PITTSBURGH, Aug. 30, 2021 /PRNewswire/ — PNC Bank announced that it will bring its minimum pay rate from $15 to $18 per hour, beginning Nov. 22, 2021. This represents a 20% increase from the bank’s current $15 minimum rate and is more than double the national minimum wage of […]
MIAMI, Aug. 24, 2021 – PNC Bank today announced the opening of its first retail branch in Miami-Dade County at the iconic 28-story 800 Brickell Avenue office tower in Miami. The new 3,400-sq.-ft. location features an array of digital banking capabilities, including a video banking machine in the drive-thru and a self-service ATM in the […]
Environmental finance goal builds on longstanding commitments to reduce environmental impact, transition to a low carbon economy and leverage resources to move all forward financially PITTSBURGH, Aug. 18, 2021 /PRNewswire/ — The PNC Financial Services Group, Inc. (NYSE: PNC) announced today it is committing $20 billion over five years in support of environmental finance. This […]
PITTSBURGH, Aug. 9, 2021 /PRNewswire/ — The PNC Asset Management Group today announced that clients of its personal wealth businesses will be served through the newly branded PNC Private Bank. The move to position all segments of personal wealth under one brand umbrella is bolstered by investments in talent and technology, and an aggressive expansion […]
PHILADELPHIA, July 20, 2021 – Affordable access to the visual and performing arts, including storytelling through the forms of theatre, dance, poetry and multicultural productions are among the plans for 40 arts organizations receiving more than $1 million in grants through PNC Arts Alive. Now celebrating 13 years of funding support for the region’s creative […]
New York & Scottsdale, AZ, February 25, 2021 – Early Warning Services, LLC and The Clearing House (TCH) today announced Zelle® transactions can now be cleared and settled over the RTP® network. “Demand for faster payments has never been higher, and today’s integration milestone eliminates lengthy and costly legacy processes that have long been barriers […]
Year-over-year Growth: Sent payment values increased by 62%, while transaction volumes increased by 58% Achieving ubiquity with banks and credit unions: Nearly 500 new financial institutions of all sizes joined the Zelle Network® in 2020 Zelle for small businesses: New use case launches with 11 financial institutions, which reach 40% of U.S. small businesses[1] Scottsdale, AZ, Feb. 2, 2021 – Early […]