The Herald Bulletin

Morning Update

Local Business

April 4, 2013

Chesterfield PNC branch closing

CHESTERFIELD, Ind. — The PNC Bank branch in Chesterfield has announced plans to close.

Customers were notified via mail last the branch, 221 Federal Drive, would close on June 21 of this year.

All customer accounts will be transferred to PNC’s Mounds Mall branch in Anderson, 2101 S. Scatterfield Road, a little over four miles away.

The closure aligns with PNC’s plan to scale back about 200 of its 2,400 branches through the 2013 calendar year. It said last month the cost cutting measure could help save $700 million.

“People today are banking very differently,” said PNC spokesperson Marcey Zwiebel. “They’re using online and mobile services more” to cash checks, make deposits, withdrawals and carry out other banking transactions that used to be done in-person.

That makes maintaining a large fleet of bricks-and-mortar locations less necessary, Zwiebel said.

PNC currently operates in 21 locations in Madison County, according to a store locator on its website. Eight of those are listed as branch locations, including the one in Chesterfield. The remaining locations are ATMs.

Find Baylee Pulliam on Facebook and @BayleeNPulliam on Twitter, or call 648-4250.

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