PNC closed dozens of locations in March. According to the Cincinnati Business Corner, so far this year, PNC has announced 173 branch closures—up from 105 announced by the same point last year. The company has yet to confirm how many banks in total it plans to shutter in 2023. In December, PNC Bank announced plans to close approximately 32 locations—and just last month, that company closed roughly 28 branches, according to March 18 regulatory filings. This timing coincides with OCC regulations, which require banks to provide at least 90 days' notice ahead of closures. Virginia will be hit the hardest,...
