PNC Bank is a large and diversified financial services company in the United States. As well as personal banking, it also provides corporate and institutional banking, asset management and residential mortgage banking. As of September 2015, PNC operates in 21 states and has $351 billion in assets. It has its headquarters in Wilmington, Delaware, and was established in 1804. PNC has an A+ rating with the BBB and a four-star rating with Bauer Financial. It is a national bank insured by FDIC.

What Are PNC Bank’s Checking and Savings Accounts Like?

PNC Bank offers full-service checking and savings accounts with access to a variety of investment options, such as CDs, money markets and IRAs. PNC is also receiving attention for its online services, particularly its Virtual Wallet account.

Virtual Wallet Checking Account
Virtual Wallet provides a checking and savings account in one convenient package. It is made up of a Spend account, for your basic checking account features, a Reserve account for short-term savings and a Growth account for long-term savings. It has a $7 monthly service fee, but this fee is waived if you have $500 in direct deposits, have an average monthly balance of $500, or you’re a student. The interest rate is 0.01% APY. There is no fee charged for PNC ATMs.

PNC also offers a Performance Checking account for those who want more rewards and a broader relationship with the bank. The monthly service fee is $15 but it’s easy to get it waived. This account offers bonus rates on select CDs and IRA CDs. However, the interest rate is still 0.01% APY

Performance Select checking account is PNC’s premium account. It has the highest level of reward and gives customers access to premiere money markets but it also has a higher monthly service fee:$25. However, the fee is waived is you have an average balance of $5,000 in a linked checking account, $5,000 in monthly direct deposits, or a $25,000 combined balance.

Savings Accounts
PNC offers a variety of savings products, such as “S” is for Savings, standard savings accounts, Premiere Money Markets, Certificate of Deposit and IRAs.
“S” is for Savings is an account to teach children about saving, sharing and spending. It has no service fee for account holders under 18 and you only need $1 to open.

The standard savings account only requires $25 and offers preferential relationship rates to holders who meet its minimum requirements. All holders receive 0.01% APY. Users with a balance of $2,500 and above can receive a relationship rate of up to 0.10%.

What Are The Advantages And Disadvantages of PNC Bank’s Checking And Savings Accounts?

PNC is a solid choice for people looking for an established bank with a strong online presence that offers cutting edge online tools but that also has a large branch network.

Here is what we like about PNC:
- Wide selection of financial products
- Excellent online tools
- Flexible and innovative virtual wallet account combines savings and checking accounts.
- Low fees and low minimum balances.

We don’t like this about PNC:
- Low-interest rates
- Minimum balances and direct deposit requirements to waive fees

  • Branch
  • Online
  • CDs
  • Checking
  • IRAs
  • Savings
  • Mobile App
  • Savings Interest Rate
  • Checking Interest Rate
  • Bauer Financial A+/A Rating
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Each visit is fast prompt and courteous and friendly smiles always informative of new services for customer. Extreme confidence in each customers accounts and concerns.

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We recently moved to the area and started using the PNC branch at Silver Springs Square. Not much of our banking was done with PNC but now it will be our primary bank. ALL the tellers we have had to interact with have been pleasant, efficient and willing to help in any way.

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The customer service at this PNC branch has exceeded my expectations. Manager David Landals helped me get organized in a way that has helped me grow my business. I recommend that any young entrepreneur or start up to get signed up with their business banking services as it can be difficult for an artist/creative person to get organized.

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I highly recommend PNC Bank. I love PNC for its convenience of many branches, on my campus and by my home. I also love the workers there. I am always greeted with a smile.

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Amazed at the professional and quick service from this small branch in a safeway! See Cliff. He has helped our family tremendously and i left another bank just to open an account at pnc. Seriously, the best move.

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I am very happy with the pnc branch in little ferry. They all know me and treat me like a king. So when i need to boost my ego, i just take a trip to the little ferry branch. On top of that, i have free coffee. Cant beat that high class service.

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I have always had great experiences with pnc Bank. We have had our accounts there for over 8 years (personal, business and Heloc). It has a small bank feel where the bankers and tellers know you by name. They are always ready to assist. Never had any problems and would recommend to any business or person looking for big bank but small bank feel!

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Love Them! I absolutely love my bank. They are always nice to me and so helpful unlike my last bank. I'm happy with my decision to switch to woodforest.

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Thanks so much Rita for letting me leave my car last week. It made my trip so much quicker by being able to meet my friends in Ardmore. My car was not even icy or covered in snow when I got thereon Sunday. That's really great customer service!!!! Thanks again

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I have been with PNC bank for a number of years and have had nothing but good service friendly service there a bank to get some things done i always enjoy doing business at the pnc bank regardless of what branch you go to the service is always the same impeccable.

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Anytime I need anything, they are very nice. My complaint is that I wish direct deposits and wires actually cleared at midnight. . Oh and they always have coffee and lollipops, a definite plus :)

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I have been banking with pnc for 5 years and have never been disappointed. They will try to accommodate any request if possible. The employees (all of them) work hard to help in anyway they can. They are awesome !

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Have had lots of dealings with a lot of banks all over the US and MX. and have never been treated nicer than at Commercial. They are always ready to do anything you ask and with a smile.Even with my Trust at another bank Commercial is still just as nice to me.

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