Interested in Purchasing a PNC
Bank
Property for Investment?
If you wish to purchase a PNC
Bank
property for investment, please email info@nnndeals.com; We
have access to an extensive inventory of triple net PNC
Bank
Properties for sale in Washington DC, Maryland, Virginia and the entire
United States.

About PNC
Bank:
PNC Financial Services Group,
Inc. is a U.S.-based financial
servicescorporation, with assets (as of December 31, 2010)
of approximately $264.3 billion.[1] PNC operations
include a regional banking franchise operating
primarily in fifteen states and the
District of Columbia, specialized
financial businesses serving
companies and
government entities, and
leading Turnkey Asset Management Program (TAMP) and processing businesses. PNC is
the sixth largest bank by deposits in the United States[2] and is the third
largest bank off-premise ATM provider.[3]
PNC Financial Services traces its history to the
Pittsburgh Trust and Savings Company which
was founded in Pittsburgh, Pennsylvania, in 1852. In 1858, the company located its corporate offices at the corner of Fifth Avenue and Wood Street in
Pittsburgh where they remain to this day. The bank changed its name to First
National Bank of
Pittsburgh in 1863, after it became the first bank to receive a
national charter as part of that year's National Banking Act.[4]
By 1959, after a series of mergers, the bank had evolved into
the Pittsburgh National Corporation.
Another branch of the current bank, the Philadelphia based
Provident National Corporation, dates back to the
mid-19th century.[4]
In 1982, Pittsburgh National Corporation and Provident National
Corporation merged into a new entity named PNC Financial
Corporation.[4] Between 1991 and 1996,
PNC purchased over ten smaller banks and financial institutions that broadened its market base from
Kentucky to the
Greater New York metropolitan area.[4] In 2005, PNC
acquired Washington, D.C. based Riggs
Bank.[4] PNC completed the
acquisition of Maryland-based Mercantile Bankshares on March 2, 2007.[4] On June 7, 2007,
PNC announced the acquisition of Yardville National
Bancorp, a small commercial bank centered in central New Jersey and
eastern Pennsylvania. The transaction was completed in March 2008.[4] On July 19, 2007,
PNC announced the acquisition of Sterling Financial
Corporation, a commercial and consumer bank with accounts and branches in
central Pennsylvania, northeastern Maryland and Delaware. The transaction was also completed in
2008.[4]
PNC
Bank Properties
For Sale Across the United States:
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