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PNC to phase out free checking accounts
Tribune-Review Low interest rates are one reason banks are increasing fees, experts say. “They’re not earning much money on cash balances,” said Bert Ely, a Virginia-based bank consultant. About Alex Nixon. Alex Nixon 412-320-7928. Business Writer Pittsburgh Tribune- … |
PNC Bank plans to phase out free checking accountsWPXI PittsburghPNC Bank announced Monday that it plans to eliminate free checking accounts over the next 12 months as it tries to balance investments in technology for retail banking customers and costs…
PNC to Eliminate Free CheckingAmerican Banker (subscription)PNC Financial Services Group (PNC) is latest bank that plans to do away with free checking. PNC will phase out its free checking account by June of next year, it said in a statement Monday. It…
PNC cuts free checkingPhiladelphia Business JournalPNC Bank said Monday that it was phasing out free checking over the next 12 months and will be offering two new accounts this year. Customers with free checking accounts will have until June 2014 to ei…
PNC Bank phasing out free checkingPittsburgh Business TimesCustomers are being informed through July 9; PNC (NYSE:PNC) said it is using a special landing page to provide details of each account and suggested options. Two new accounts, Standard Checking…