PNC to invest $1 billion in opening 100 branches, including Birmingham location

PNC to invest $1 billion in opening 100 branches, including Birmingham location

PNC Bank is pumping $1 billion into its branch network, with plans to open more than 100 new locations and renovate more than 1,200 existing banks through 2028.

PNC currently plans to open a new branch in Birmingham, a PNC spokesperson said.

Other new branches are planned in Austin, Dallas, Denver, Houston, Miami, and San Antonio. The company also plans to renovate locations across the country “to create a better customer experience when conducting transactions or meeting with bankers to discuss financial goals,” PNC said in an announcement Wednesday.

The Pennsylvania-based bank has about 2,300 brick-and-mortar locations around the U.S.

Alex Overstrom, head of PNC Retail Banking, said the announcement “further underscores our commitment to continuously invest in our branch network to effectively meet the needs of our customers in an evolving financial landscape.”