Business & Economy Miami News

PNC Bank celebrates grand opening of the new Little Havana branch

The newly opened Little Havana branch marked PNC’s continued expansion in Miami as part of its $1 billion nationwide investment

On August 29, 2024, PNC Bank celebrated the grand opening of its latest branch in Little Havana with a community ribbon-cutting event. This milestone was a part of PNC’s significant $1 billion investment aimed at expanding its branch network across the U.S. The event, held from 10 a.m. to 12 p.m., featured complimentary refreshments, a tour of the facility, and a special appearance by the Miami Marlins mascot, Billy the Marlin.

Overview of the expansion

Last year, PNC Bank announced plans to bolster its presence in Miami-Dade County by adding six new retail branches by 2025. This expansion strategy was intended to more than double the bank’s current retail network in Miami, bringing new job opportunities, capital investments, and improved banking services to local neighborhoods.

PNC opened its initial retail location in Miami in 2012 after securing the PNC Bank Aventura branch through the acquisition of RBC Bank. Three more locations were added between 2021 and 2023, in Brickell, Pine Crest, and Coral Gables.

The Little Havana branch marked PNC’s sixth location in Miami and followed the opening of the Kendall Place branch in February. The bank planned to inaugurate three additional branches in 2024, with a tenth branch scheduled to open early in 2025.

The ribbon-cutting ceremony was attended by several key PNC Bank executives, including Cressman Bronson, the Regional President for Southeast Florida; Jeff Martinez, the Head of Branch Banking; and Craig Miller, the Southeast Florida Retail Market Manager. The event took place at the new branch located at 1698 SW 8th Street, Miami, FL 33135.

A group of individuals joyfully cutting a ribbon to celebrate the opening of a new PNC Bank branch.

Branch features

The new Little Havana branch was designed to offer a personalized banking experience with a team of highly skilled bankers available to assist clients in achieving their financial goals. It was part of PNC Bank's extensive network, which includes over 320 ATMs throughout Miami, providing clients with convenient access to banking services.

The expansion underscored PNC’s commitment to enhancing financial services and support within the community. By adding new branches and creating job opportunities, PNC aimed to foster economic growth and offer valuable banking resources to Miami residents.

Guests at the ribbon-cutting ceremony enjoyed various activities, including a tour of the new facility and the chance to meet Billy the Marlin. The event provided a unique opportunity for community members to engage with PNC’s representatives and learn more about the bank’s services and plans.

Pittsburgh-based PNC is one of the largest diversified financial services institutions in the United States, with approximately 2,300 branches, more than 60,000 PNC and partner ATMs, and approximately 59,000 employees nationwide. PNC has nearly 180 branches across the state of Florida, with one-third located in Palm Beach and Broward counties, and 1,200 employees in South Florida, with offices in Palm Beach Gardens, Ft. Lauderdale, and Coral Gables.

In addition to the branch locations, PNC Bank clients have access to more than 320 PNC and partner ATMs throughout Miami. This extensive network ensures that customers can perform transactions conveniently, regardless of their location in the city.

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