PNC

Check full information about PNC — review, rating in 2022. See detailed contact information, financial data, locations and list of branches.

PNC
Detailed PNC Rating
Address
225 Fifth Avenue, Pittsburgh, PA
FDIC Certificate ID
6384
Bank Charter Class
National Bank

Detailed PNC Rating

rating icon
4.82
Credit Card Products
5
Average rate of credit cards products
Safety
4.7
The Moody’s rating for PNC is A2 and the tier 1 leverage ratio is 7.61%
Customer experience
4.7
The PNC mobile app has 4.8 stars on the App Store and 4.6 stars on Google Play.

Contacts

Demographic information

  • Institution Name
    PNC
  • Number of Domestic Offices
    2242
  • Full Time Employees
    59,637
  • Established Date
    1804-01-01
  • Primary Federal Regulator
    Office of the Comptroller of the Currency
  • Date of Deposit Insurance
    1934-01-01
  • Bank Charter Class
    National Bank
  • Primary Web Address
  • RTN/ABA
    43000096
  • LEI
    AD6GFRVSDT01YPT1CS68
  • Federal Reserve ID (RSSD-ID)
    817824
  • PNCCUS33
  • 043000096

Branches near me

Financial data

All values USD, Dollar figures in thousandsAll Financial Data PNC
551,902,526
499,313,543
463,881,572

Offers

Mortgage icon
Mortgage

PNC General info Pros&Cons

Pros:
  • PNC has a good branch and ATM network. PNC has about 2,300 branches and 18,000 ATMs (some from partners) in 20 states.
  • Excellent BBB rating. PNC’s Better Business Bureau rating is A+, an indication of a high customer satisfaction rate.

PNC Checking and saving accounts Pros&Cons

Pros:
  • Sign-up bonus. When you open and use a Virtual Wallet account, you can earn a signup bonus of up to $300.
  • Low initial deposit requirement. The minimum deposit for opening a standard checking and savings account is $25.
  • Monthly fees can be waived. Even though the deposit accounts come with a monthly fee, PNC offers ways to waive it.
Cons:
  • Low interest rate on standard savings. The APY for the standard savings account is 0.01%, which is below the national average.
  • Overdraft fee. PNC charges an overdraft fee of $36, which is higher than average. Furthermore, it can be levied up to four times a day.

PNC Credit cards Pros&Cons

Pros:
  • Signup bonus. Most cards come with a welcome bonus.
  • No annual fee. You won’t pay an annual fee for most credit cards.
  • Introductory APR. All cards come with a 0% intro APR on balance transfers or eligible purchases or both.
Cons:
  • Good to excellent credit score requirement. At the minimum, you’ll need a good credit rating to qualify for PNC’s cards.
  • Lack of co-branded cards. If you’re looking for a co-branded credit card, you have to look elsewhere.

PNC Personal loans Pros&Cons

Pros:
  • Competitive APR. PNC’s highest possible APR is 16.39%, which is better than what most lenders charge.
  • Rates discount. By setting up automatic payments, you’ll get a 0.25% discount on your APR.
  • No prepayment penalty. If you plan to pay off your loan early, it is good to know that you won’t be charged any fee.
Cons:
  • Low borrowing limit. The maximum amount you can borrow is $20,000. This limit is low, considering that you can get up to $100,000 with some major lenders.
  • No clear requirements for credit score. PNC doesn’t state the minimum credit rating required for approval.
  • No home renovation loan. PNC doesn’t offer home improvement loans.

PNC Mortgage Pros&Cons

Pros:
  • Variety of mortgage types. There is a high chance that you’ll find a mortgage option that will satisfy your needs, including conventional, government-backed and low down payment options.
  • $1,500 grant. If you’re a first-time home buyer and meet certain income or location requirements, you can get a cash grant of up to $1,500 to help towards closing costs, down payment or other prepaid mortgage expenses.
  • Online preapproval. You can get preapproved for a mortgage online. Firstly, you’ll need to provide PNC with simple information, including your Social Security number, the amount you wish to borrow and the location of the house. Secondly, you should authorize the bank to verify your assets, income, and employment digitally.
Cons:
  • Not fully transparent. You can estimate some of your rates and fees online. However, you’ll need to apply for the loan to get the full picture.

PNC Investment Pros&Cons

Pros:
  • Wide range of investment solutions. PNC provides multiple investment options and accounts, allowing you to pick the best path for reaching your financial goals. Alternatively, you can request an advisor’s services, who will recommend the best investment strategy at a fee.
Cons:
  • Trading fee. Based on the trade's amount, the commission you'll be charged will be between 1.5% to 3%. This fee even applies to ETFs, which are commission-free on most brokerage services.

PNC Student loans Pros&Cons

Pros:
  • Autopay discount. A 0.50% discount on the APR is available with autopay enabled and is competitive compared to other lenders.
  • Refinance available without a degree. Many lenders require you to have a degree when refinancing your student loan, which is not the case with PNC.
Cons:
  • Hard credit check requirement. PNC will need to perform a hard credit pull to determine your eligibility and rate.
  • Inflexible repayment terms. PNC only offers student loans with five, 10 and 15-year periods. You can find more flexible repayment terms with other lenders.