PNC Bank
1. Tell us a brief history/background of PNC.
PNC’s local roots in Lackawanna County can be traced back to the First National Bank of Scranton which opened for business on October 14, 1863. The bank was first housed in a 17-foot by 50-foot rented room on the ground floor of a three-story hotel on the corner of Lackawanna and Wyoming Avenues, not far from where the Scranton Administrative office is today.
2. What impact has PNC had on NEPA?
The PNC team is committed to leading by example in Northeast PA, with Regional President Pete Danchak setting the standard for community and industry involvement. He has chaired the United Way of Lackawanna and Wayne County’s campaign twice; with the local leader of PNC Asset Management, Debbie Kolsovsky, chairing the campaign as recently as last year. PNC’s resources and standing as a national main street bank, with a local focus guided by Pete Danchak, enables the local team to support a range of charitable sponsorships in addition to providing funding for a variety of organizations and causes through the PNC Foundation that help strengthen communities across NEPA. Notably, the bank is a proud sponsor of PNC Field, the Wilkes-Barre/Scranton Penguins and the Mohegan Sun Arena, all of which are key economic development drivers in the region.
Volunteerism is also at the heart of the bank’s community focus. Employees are encouraged to become involved in non-profit organizations as board members and contribute their time and expertise to a range of community initiatives. Advancing the cause of high quality, early childhood education through PNC Grow Up Great is a signature philanthropic focus. Through this initiative, the bank has developed partnerships with several early childhood education organizations in the area.
3. How did PNC come to work with Leadership Lackawanna?
We are longtime supporters of the Chambers of Commerce across the region and of programs like Leadership Lackawanna that encourage community pride and advocate for leadership along with providing the skills and networking to help Northeast PA flourish. A number of PNC employees have completed this program – including PNC banker Kyle Gattuso who will graduate from the core program this spring. Angela Mariotti currently serves on the board.
4. What are PNC’s best practices?
At PNC, we continue to focus on connecting with our clients and communities—in person—where we live, work and play. As a national main street bank, PNC values the trusted relationships we’ve established with clients and the local community. Financial services is rooted in personal relationships and that is why the PNC team is Northeast PA and across the country are committed to understanding client objectives, empowering customers to manage their finances anytime, anywhere. That’s the power of a national financial services franchise brought to your street and your fingertips.
PNC’s culture has always fostered talent and encouraged employees to take advantage of internal opportunities to grow and strengthen their skills and to take advantage of the opportunities offered at a Fortune 500 company like ours. Now, because of our size and the flexible work environment afforded many positions, there are even more opportunities to succeed at PNC.
5. What else would you like to highlight about PNC?
PNC’s national main street bank model is a key differentiator. In practice, this approach comes to life within our markets where we deliver the capabilities of a large scale, leading financial services institution at the local level. At the heart of this model is locally-based decision-making, led in Northeast PA by PNC Regional President Pete Danchak, who is responsible for bringing the full scope of PNC’s capabilities and resources to customers and communities where we live and work. Across PNC, the Regional President is supported by on-the-ground teams of bankers, advisors and specialists who build and nurture long-term relationships with our customers by delivering solutions that address their fundamental banking needs. This regional structure is complemented by our coast-to-coast network of more than 2,500 branches that serves millions of consumers and small businesses.