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By Hanah Cho, The Baltimore Sun | August 22, 2011
More than 21,000 students attend Towson University. To PNC Bank, that's 21,000 potential customers. PNC is planning to open its first full-service, on-campus branch in Maryland at Towson's student center Thursday in a space previously occupied by Capital One Bank. The Pittsburgh-based financial giant sees the move as its entree into the University System of Maryland, with its 12 institutions and its more than 150,000 undergraduate and graduate students. "PNC wants to continue to grow and invest in the market," said Matt Martin, PNC's greater Maryland retail banking market manager.
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NEWS
January 26, 2014
At a Sunday morning press conference, Howard County police said customers who were in the Mall in Columbia at the time of yesterday's fatal shootings can retrieve items left at common areas of the mall from noon to 5 p.m. at PNC Center, 30 Corporate Circle, Columbia, which is near the mall. Those customers may also call 410-703-3302 for additional details. Many items were left at the mall, particularly at the food court, as people quickly exited during the shooting incident, which resulted in the deaths of three people - one of them believed to be the shooter - and two others.
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BUSINESS
By Allison Connolly and Allison Connolly,Sun reporter | April 13, 2007
Maryland's small and mid-sized business owners continue to be a bit more optimistic than their peers across the nation despite the threat of rising energy costs, fallout from the subprime market and a proposed minimum wage increase, a nationally known economist said yesterday. The forecast by Stuart Hoffman, chief economist for PNC Financial Services Group, was the Pittsburgh-based bank's first for Maryland and followed its acquisition last month of Baltimore's Mercantile Bankshares Corp.
NEWS
By Kevin Rector, The Baltimore Sun | December 21, 2013
A gun-wielding man wearing a "fake Santa beard" robbed a bank in downtown Laurel on Saturday morning, firing at least one shot but injuring no one, according to Laurel Police. "He walked into the bank and fired off a round" with a handgun, said Pete Piringer, a police spokesman. "He was very quick, didn't have to spend too much time in there. " The man entered the PNC Bank at 390 Main Street just after 9 a.m., and fled the scene shortly after with an undisclosed amount of cash in what appeared to be a maroon sedan, Piringer said.
BUSINESS
By Laura Smitherman and Laura Smitherman,SUN REPORTER | August 22, 2007
James Rohr, chief executive of PNC Financial Services Group, knows how to make inroads in a community as an out-of-towner acquiring a treasured local institution. Before his Pittsburgh-based PNC acquired Baltimore's Mercantile Bankshares Corp. last year, it bought up Washington-based Riggs National Corp., which like Mercantile traces its history in its hometown to the mid-1800s. Last week Rohr traveled to Baltimore to nurture client relationships and to meet with people like H. Furlong Baldwin, who was Mercantile's CEO for 25 years until 2001 and who remains a mover-shaker in the city.
BUSINESS
By Paul Adams and Paul Adams,Sun reporter | March 3, 2007
The bank that some of Baltimore's best-known captains of industry and finance entrusted with their money for more than 143 years ceased to exist yesterday as PNC Financial Services Group announced it has completed its $6 billion cash and stock purchase of Mercantile Bankshares Corp. In a statement announcing the sale's completion, the Pittsburgh bank said customers of Mercantile and its network of affiliate banks should continue to use Mercantile's services "as usual" in the months leading up to a planned transition to PNC accounts.
BUSINESS
By Paul Adams and Paul Adams,SUN REPORTER | February 28, 2007
Herbert M. Katzenberg, a Mercantile Bankshares shareholder and trustee emeritus of the Baltimore Community Foundation, knew before he stepped up to the microphone yesterday that he had little chance of stopping the bank's sale to Pittsburgh-based PNC Financial Services Group. It might be good for shareholders, he conceded to those attending Mercantile's special meeting to consider the $6 billion deal. But he countered that it won't be good for Baltimore, which over the years has relied on Mercantile's local executives for help in everything from the redevelopment of the Inner Harbor to financial support for the Baltimore Symphony Orchestra.
FEATURES
Tim Wheeler | October 2, 2012
For some banks, green is more than just money.  PNC is wearing its commitment to green building on the exterior of its new Maryland headquarters downtown. The bank recently put the finishing touches on a massive "living wall" at One East Pratt Street. Measuring 84 feet tall by 24 feet wide, the wall is made up of 504 vertical planters filled with a variety of ground-cover plants, including phlox, euonymus and pachysandra, all arranged to form the image of a tree with the PNC logo at its base.  At 2,016 square feet, it's slightly smaller than the one gracing PNC's corporate headquarters in Pittsburgh.
BUSINESS
By Laura Smitherman and Laura Smitherman,Sun reporter | June 12, 2007
Banking executive Edward J. "Ned" Kelly III, who as head of Baltimore's Mercantile Bankshares Corp. oversaw its sale to PNC Financial Services Group, is giving up his post at the combined company for a job at Washington-based Carlyle Group, one of the world's largest private equity firms. Kelly has been tapped to help run a new Carlyle unit that will invest in financial services, including banks and insurance companies. He said the firm approached him in recent months, and that he has known Carlyle founder David M. Rubenstein since they both worked on Walter F. Mondale's failed presidential bid more than two decades ago. "It's a unique opportunity and makes perfect sense for me," Kelly said yesterday in an interview.
NEWS
By Paul Adams and Paul Adams,SUN REPORTER | February 26, 2007
Shareholders of Mercantile Bankshares Corp. are expected to vote overwhelmingly tomorrow in favor of selling the bank to the Pittsburgh-based PNC Financial Services Group, all but erasing another blue-chip nameplate from Baltimore's skyline and introducing a new player to an already competitive local banking market. The vote is one of the last remaining obstacles to completing the $6 billion cash and stock deal next month, creating the nation's 11th largest bank in terms of deposits. When it's over, PNC officials promise a bank with free ATM transactions, more product offerings and easier Web access than existed under Mercantile's banner.
EXPLORE
Aegis staff report | July 15, 2013
Linking All So Others Succeed, LASOS, Inc., headquartered on Courtland Street in Bel Air, has been awarded a $5,000 grant from the PNC Foundation to expand the a mentoring program for at risk youth. LASOS will provide mentor help for young people in Harford County who need academic, leadership and social supports to help make successful in the future. "We are blessed to be able to count PNC as a part of the friends of LASOS programming, their support will allow children to attend summer camp, mentoring programs and leadership opportunities that they would otherwise not have been able to attend," Melynda Vélez, executive director of LASOS, said in a press release.
FEATURES
Tim Wheeler | October 2, 2012
For some banks, green is more than just money.  PNC is wearing its commitment to green building on the exterior of its new Maryland headquarters downtown. The bank recently put the finishing touches on a massive "living wall" at One East Pratt Street. Measuring 84 feet tall by 24 feet wide, the wall is made up of 504 vertical planters filled with a variety of ground-cover plants, including phlox, euonymus and pachysandra, all arranged to form the image of a tree with the PNC logo at its base.  At 2,016 square feet, it's slightly smaller than the one gracing PNC's corporate headquarters in Pittsburgh.
NEWS
Staff reports | August 20, 2012
UPDATED - Baltimore County police said a man was arrested Aug. 17, in connection with a robbery that occurred this morning at the PNC Bank branch located inside the Giant Food in Towson. According to Elise Armacost, director of media and communications for the Police Department, the incident occurred Friday, Aug. 17, at about 10:30 a.m. Armacost said a man entered the supermarket branch in the 6300 block of York Road and passed the branch manager a note demanding money and threatening "bodily harm," she said.
NEWS
April 18, 2012
The PNC Bank in the 6300 block of York Road was robbed at 2:15 p.m. April 13 by man who implied that he had a gun. Police reports say the man passed note to teller and left with undetermined amount of currency. In addition to this incident, the following were compiled from police reports from the Towson and Cockeysville precincts. Our policy is to include descriptions when there is enough information to make identification possible. Cockeysville Old Providence Way, 10000 block, between 9 a.m. and 11:15 p.m. April 14. DVDs, CDs, video game system and games, cash and jewelry stolen.
NEWS
By Kevin Rector, The Baltimore Sun | April 13, 2012
A man who robbed a PNC Bank in the 2300 block of Rock Spring Road in Forest Hill about 4:40 p.m. Thursday was taken into police custody after fleeing the area, according to the Harford County Sheriff's Office. After leaving the bank, the man drove several miles south to Fallston, where he "bailed out" of his car near the Walmart on Bel Air Road, said Monica Worrell, a sheriff's office spokesman. A Baltimore County Police helicopter unit had been tracking him, and assisted Harford deputies in locating the man in the Walmart parking lot, where he was caught, Worrell said.
BUSINESS
By Eileen Ambrose, The Baltimore Sun | March 5, 2012
Roberto Pagan-Franco didn't have a bank account for decades. His employer paid him in cash or with a check that the Baltimore resident took to a check-cashing store. A few years ago he lost his job after a severe illness and for a time was homeless. Not exactly the type of customer you'd expect a big bank to court. But Pagan-Franco enrolled in a PNC Bank program that targets consumers who otherwise might be shut out of the banking system. And today, the 54-year-old has checking and savings accounts at PNC and is in the process of getting a credit card.
BUSINESS
By BLOOMBERG NEWS | December 8, 2004
WASHINGTON - The Securities and Exchange Commission is investigating Ernst & Young LLP for its role in designing and then auditing a financial product that PNC Financial Services Group Inc. is suspected of using to inflate profit, according to an Ernst & Young spokesman. "We are cooperating fully with the SEC in its review," Charles Perkins, a spokesman at the New York-based firm, said yesterday. American International Group Inc., the world's biggest insurer, hired Ernst & Young to help develop and market a financing arrangement that PNC used to improperly move $762 million in bad loans and investments off its books in 2001, according to the SEC. Ernst & Young, the No. 2 U.S. accounting firm, also was the auditor that year for PNC, a Pittsburgh-based bank.
BUSINESS
By Laura Smitherman and Laura Smitherman,Sun reporter | December 7, 2006
Mercantile Bankshares Corp. has set aside $39 million to pay bonuses and other retention payments to employees to prevent them from being lured to competitors, as the bank prepares to consolidate its operations with acquirer PNC Financial Services Group of Pittsburgh. Many of the bank's 3,600 employees could be eligible for a bonus, including senior management as well as loan officers, tellers and other rank-and-file workers. The bulk of the payments, which were disclosed in a recent regulatory filing, would be paid upon the closing of the transaction, which is expected to happen in the first three months of next year.
EXPLORE
December 12, 2011
Baltimore County police said officers have taken into custody a suspect in the Monday morning robbery of a bank on the campus of Towson University. Police report that a 10:32 this morning, Dec. 12, officers were dispatched to assist Towson University with a robbery at the PNC Bank on campus. A suspect entered the bank and verbally demanded money from the teller, police said. According to the report, the male did not display a weapon, and there were no injuries. He fled the location with an undisclosed amount of money.
NEWS
September 26, 2011
The Community Foundation of Harford County has been awarded a $15,000 grant from the PNC Foundation. With the sizable gift, PNC joins as an inaugural member of the foundation's Founder's Circle. The CFHC Founder's Circle recognizes businesses, individuals and families that pledge a minimum of $15,000 over three or more years to support the mission and operations of the Community Foundation of Harford County. Chick Hamm, PNC market executive in Harford and Cecil counties, presented the gift to the foundation.
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