They’ve been skeleton staffed since covid
Other banks are using video tellers that are miles away in another town
At this point, I only have enough money in a bank to pay monthly bills. I expect many local and regional banks to fail. There will be no fed bailout for red state depositors.
I wonder what’s going on here. PNC has plenty of money to buy the naming rights for Pittsburgh’s baseball stadium. But they don’t seem to have the money to help the little guy, and keep neighborhood branches open.
I went to see my banker to plan retirement and he offered me a job as a teller. $22 an hour and you can sit if needed.
They closed the closest branch and they removed teller services from another that was convenient to get to. Its now a financial services center. They want to be your investment advisor, not your bank.
My local branch of PNC is closing in June. It’s located inside a large gothic building, and the heating and cooling bills alone must be astronomical.
This has been happening for several years (pre-covid).
Very few people need a teller.
ATMs handle most banking needs supported by online banking.
They advertise their wokeness which killed any chance of attracting my business.
Bkmrk
Rut Rho!
Like it or not, it’s the beginning of the end for brick and mortar banks.
Most all transactions are electronic now. I don’t know the last time I stepped into a bank.
The cost of having them can’t be justified.