From the article:

PNC is closing another 30 branches across its footprint, according to a regulatory filing and confirmed by the Pittsburgh-based bank.

Though none are in Pittsburgh, or Pennsylvania, locations in seven states plus the District of Columbia are impacted.

That will take footprint-wide cuts by PNC Financial Services Group Inc. (NYSE:PNC) to 203 so far this year.

PNC said on Thursday that all 30 will close on July 21.

Two-thirds of these upcoming cuts are in Virginia (11) and Maryland (9), and the majority are in-store sites, including three in Alexandria, Virginia, and three in Gaithersburg, Maryland. Arlington and Ashburn, Virginia, will each lose two branches; ditto Germantown, Maryland.

The other states where PNC is culling branches are Texas, Ohio, Illinois, Florida and Alabama. Toledo, Ohio; Birmingham, Alabama; and Washington, D.C., each lose two. Both D.C. branches are located within supermarkets.

A spokesperson for the bank provided the following statement: "PNC recognizes that branches continue to play an important role for many customers when it comes to conducting certain transactions and holding important in-person financial conversations with our banking experts, which is why we routinely evaluate our branch network, together with our other available methods of banking, to determine if we are most effectively meeting our customers’ needs. After a careful review of our business model, PNC’s strategic goals and the potential impact to our customers, the decision was made to close the locations you have listed. We remain committed to delivering on our purpose to move all forward financially, and we are confident that we can meet or exceed our customers’ needs at nearby branch locations, alongside other available methods of banking."

PNC is Pittsburgh's largest bank according to deposit market share and No. 6 nationally as ranked by total assets. It operates approximately 2,400 branches across the country. About 100 were in the Pittsburgh region as of June 30, 2022, end of the FDIC's fiscal year.

PNC has not said how many total branches it expects to close in 2023, nationally or locally. It will have cut 173 during the first half of the year, handily outpacing 105 during the comparable six months in 2022. The latest 30 will occur in the second half of 2023.

Like most banks, PNC has been revising branch locations for more than a decade due to evolving customer preferences and overlap from acquisitions. The Covid-19 pandemic, where branch lobby access was curtailed or limited for months in metros nationwide due to safety concerns, accelerated the shift away from brick-and-mortar.

Last July, PNC told the Business Times that it would close 135 in-store branches in waves during 2023, chiefly in New Jersey, Virginia, Maryland and Delaware. This started in January. The majority, or 127, are inside Giant Foods and Stop & Shop stores. Another eight will close within ShopRite grocery stores in certain areas of Pennsylvania. None of these are in the Pittsburgh region. PNC has not yet provided an update on where it stands in the process.

Branch cuts came up during PNC's annual shareholders meeting on April 26.

"Ultimately, we want to serve our customers where they are through multiple channels,” Bill Demchak, chairman, president and CEO, said. “We do that through digital and physical branches and, increasingly, through mobile. There is clearly an underlying trend at all banks across the country for branch traffic to decline.” Recommended

Here are the 30 branch locations that will close on July 21:

3131 Duke St., Alexandria, Virginia
43330 Junction Plaza, Ashburn, Virginia
44110 Ashburn Shopping Plaza, Ashburn, Virginia
5581 Merchants View Square, Haymarket, Virginia
2425 Centreville Rd., Herndon, Virginia
6200 Little River Turnpike, Alexandria, Virginia
2515 Columbia Pike, Arlington, Virginia
2901-11 S. Glebe Rd., Arlington, Virginia
25050 S. Riding Plaza Suite 100, Chantilly, Virginia
621 East Glebe St., Alexandria, Virginia
7575 Linton Hall Rd., Gainesville, Virginia
319 State Highway 62, Buna, Texas
800 E. Tom Landry St., Mission, Texas
3336 Wisconsin Ave., Washington, DC
1535 Alabama Ave. SE, Washington DC
18250 Flower Hill Way, Gaithersburg, Maryland
15618 Old Columbia Pike, Burtonsville, Maryland
20044 Goshen Rd., Gaithersburg, Maryland
18331 Leaman Farm Rd., Germantown, Maryland
842 Muddy Branch Road, Gaithersburg, Maryland
20944 Frederick Road, Germantown, Maryland
18140 Village Center Drive, Olney, Maryland
625 Hungerford Dr., Rockville, Maryland
3530 Sugarloaf Parkway, Frederick, Maryland
700 Jefferson Ave., Toledo, Ohio
405 Madison Ave., Toledo, Ohio
13470 S. Route 59, Plainfield, Illinois
6701 N. Davis Highway, Pensacola, Florida
9648 Parkway East, Birmingham, Alabama
5576 Grove Blvd., Birmingham, Alabama

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