P.N.C. CLOSES MORE IN-STORE BRANCHES THAN ANY BANK IN THE U.S.

One of the largest banks in Pennsylvania has reportedly closed more of its in-store branches than any other bank in the country. New figures released this week show PNC Financial Services Group closed 88 of its locations during a 12-month time period that ended in June. That eclipsed second-place U.S. Bank, which shuttered 46. Research shows the banking sector has been consolidating its brick-and-mortar facilities for about ten years due to customers shifting to digital transactions.