Terminal Location Builds on Presence at Madison Ave. and Penn Plaza

Dec 16, 2013
8:45am

NEW YORK, Dec. 16, 2013 - PNC Bank announced it is adding a new branch location in Manhattan to serve customers working and travelling in New York.

Located in the Port Authority Bus Terminal at 625 8th Ave., between 8th Ave. and West 41st St., the branch supports a client base that includes New York and New Jersey commuters and business banking clients who operate offices in both states.

A Growing Commitment to the City
The Port Authority Bus Terminal branch further extends PNC's focus on serving New York area clients. The location complements branch locations at 11 Penn Plaza and 340 Madison Ave., where PNC's real estate finance, capital markets and business credit groups are headquartered. Across all three locations, PNC now occupies 50,000 square-feet of commercial real estate in Manhattan.

"The opening of our latest New York City branch builds on the success we continue to experience at our initial locations," said Mike Brundage, PNC's Northeast market manager for Retail Banking. "The Port Authority Bus Terminal branch provides greater convenience for our growing customer base to access our services.  New York's most vibrant commuter and retail shopping locations are a key hub for PNC retail and business banking customers."

"The Port Authority is continuing its commitment to revitalize the world's busiest bus terminal and improve the amenities available to the millions of customers who use the Port Authority Bus Terminal each year," said Port Authority of New York and New Jersey Executive Director Pat Foye. "We welcome PNC Bank as our newest tenant and look forward to working with them as we continue to expand our retail options and satisfy the needs of daily commuters and travelers as well as those who live and work in the area nearby."

In keeping with PNC's evolving retail service model, and reflecting the wide range of support clients increasingly seek, the branch is staffed by a team of financial consultants trained to assist customers in understanding an array of financial services, from mortgage to investments and basic personal finance, among other specialty areas.

The team of banking professionals based at the Port Authority Bus Terminal location include Valentin Kovalyov, branch manager; and Eugene Paul MacDonald and Donatus Olumhense, assistant branch managers.

Combined, they bring nearly 30 years of retail banking experience to area clients and lead a branch team focused on providing an array of financial services, including a wide range of checking accounts; loans and mortgages; investment services; insurance; and small business banking solutions. Reflecting the diverse New York client base they support, the branch staff is fluent in several languages, including Spanish, Mandarin and Russian.

At Your Service
PNC Bank's network has grown to more than 2,550 branch locations and 6,400 ATMs to serve its customers. The Port Authority Bus Terminal branch includes the following features and amenities:

  • Convenient Hours: Open Monday through Friday from 7 a.m. to 7 p.m., Saturday from 10-2 p.m., in addition to 24-hour ATM service.
  • Customer Service: As customers enter the branch, a PNC representative can expeditiously handle many needs or quickly direct the customer.

Green Features
The new branch is built to U.S. Green Building Council LEED-Commercial Interior certification. In fact, PNC was the first major U.S. bank to apply green building standards to all newly constructed or renovated retail offices. PNC's green building strategy, which allows the company to decrease its energy consumption and costs, increase efficiency and improve employee satisfaction.

To date, PNC has completed more than 200 Leadership in Energy and Environmental Design (LEED®) projects, including more newly constructed LEED-certified buildings (130+) than any company on Earth.

PNC Bank is a member of The PNC Financial Services Group, Inc. (NYSE: PNC).  PNC (www.pnc.com) is one of the nation's largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.


CONTACT:

Jason Beyersdorfer
(732) 220-3055
jason.b@pnc.com

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