PNC Financial Services : Bank Strengthens Commitment To Miami, Plans Six New Branches Across City

Expansion will bring job opportunities and banking services to local neighborhoods

MIAMI, Nov. 30, 2023 - PNC Bank announced it will open six additional retail branches in Miami-Dade County over the next 18 months. With this expansion, PNC will more than double its current retail bank network in Miami, bringing new job opportunities, capital investments and banking services to neighborhoods across the city.

"Our investment in these new branches reflects PNC's commitment to Miami and our excitement to grow within and alongside this diverse, dynamic region," said Cressman Bronson, PNC regional president for Southeast Florida. "These additional branch locations will also allow us to better serve the community, by providing people and businesses with more convenient access to our products, services and experts."

The first of the new branches is slated to open in Kendall Place in early 2024, followed by locations in Doral, Hialeah, Little Havana, Midtown and 7th Avenue (Miami). PNC opened its initial retail location in Miami in 2012 after securing the PNC Aventura branch through the acquisition of RBC Bank. Three more locations were added between 2021 and 2023, in Brickell, Pine Crest and Coral Gables.

Pittsburgh-based PNC is one of the largest diversified financial services institutions in the United States, with approximately 2,300 branches, more than 60,000 PNC and partner ATMs, and approximately 59,000 employees nationwide. PNC has nearly 180 branches across the state of Florida, of which one-third are in Palm Beach and Broward counties and 1,200 employees in South Florida, with offices in Palm Beach Gardens, Ft. Lauderdale and Coral Gables.

"Our branches play a key role in how we service and offer advice and solutions to our clients alongside our other banking channels," said Jeff Martinez, executive vice president and head of Branch Banking for PNC. "We already have a strong presence in Miami through PNC Private Bank® and our corporate banking and commercial real estate teams. Expanding our retail branch footprint is the natural progression of our continued growth in the market."

All Miami branches will be staffed with highly skilled bankers to provide financial guidance and help PNC clients achieve their financial goals. ATMs and video banking will also be available for clients to conduct everyday transactions. In addition to the branch locations, PNC clients have access to more than 320 PNC and partner ATMs throughout Miami.

PNC Bank, N.A., is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com.

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