PNC Bank Reviews
Learn more about PNC Bank for small businesses. Includes customer reviews, pricing, key information, and frequently asked questions.
Updated on May 7th, 2020
The SMB Guide is reader-supported. When you buy through links on our site, we may earn an affiliate commission. Learn more
PNC Bank is a financial institution that allows for high transaction volumes and operates in 19 states. Services include business checking and savings accounts, credit cards, and lending solutions.
Business Account Features:
Account Type | Free Monthly Transactions | Monthly Service | Minimum Daily Balance |
|---|---|---|---|
Business Checking | 150 | $10.00 | $500.00 |
Business Checking Plus | 500 | $20.00 | $5,000.00 |
Treasury Enterprise Plan | 2,500 | $50.00 | $30,000.00 |
Review:
Pros: Waive your monthly fees if you maintain the stipulated deposit. Online & mobile banking available.
Cons: Lower returns than competitors.
Bottomline: With a variety of business checking accounts, PNC Bank is a good option for high transaction volumes.
Key Information:
Legal Name | The PNC Financial Services Group, Inc. |
Founding Date | Jan 28, 1952 |
Address | 300 5th Ave, Pittsburgh, Pennsylvania |
Number of Employees | 48937 |
Number of Customers | 8000000 |
Telephone | |
Website |
FAQs:
What does PNC Bank mean?
PNC Bank was titled based on a merger between Pittsburgh National Corporation and Provident National Corporation, both of which could be abbreviated to "PNC".
Is PNC Bank a good bank?
PNC Bank is a member of the FDIC and has fairly positive reviews.
What is needed to open a PNC bank account?
- Your business's tax identification number.
- A valid e-mail address if applying online.
- Two forms of ID.
- Documents verifying your business's registration.
Is PNC Bank a national bank?
PNC Bank is a regional financial institution headquartered in Pittsburgh, Pennsylvania.
Who is the owner of PNC Bank?
PNC Bank is owned by PNC Financial Services Group, Inc.
Is PNC better than Chase?
Both PNC and Chase offer variable interest rates, as well as thousands of branches and ATMs across the country. However, Chase has higher monthly checking fees.
How much money do you need to open a PNC bank account?
You will need a deposit of $100.00 to open a business checking account.