Last year PNC Bank announced it would be closing “about 127 in-store branches at Giant Food and Stop & Shop supermarkets in Maryland, Virginia and the District as well as in New Jersey and Delaware.” The Pittsburgh-based bank has been closing many of these branches in waves throughout 2023, but at the time did not mention which specific branches would be closing. Today it was reported by the Washington Business Journal that 26 branches in Maryland and Northern Virginia would be closing, including three in Montgomery County (listed below).
Let year, PNC began the conversion of what will be 1,000 branches to an automated model. The conversion of all of these branches is expected to be completed by 2026. In September 2020, PNC Chairman and CEO William Demchak announced the bank was on track to close nearly 160 branches that year and another 120 in 2021 (109 ended up closing), as part of the bank’s strategy to lean harder on more prosperous digital sales. The three Montgomery County locations that will be closing are listed below:
13781 Connecticut Ave., Silver Spring
12051 Rockville Pike, Rockville
2900 University Blvd. W., Wheaton
Full list of closings available here.
Source: mocoshow.com
