PNC Bank says it will add 42 South Carolina branches by 2031, including nine in the Charleston market. The state buildout sits inside a national program of more than 370 new locations, about 2.5 billion dollars of investment and roughly 60 openings a year starting in 2027.
Why this matters here
More branch competition usually means more appetite for small business lending, deposits and merchant services, and it is worth a conversation with your current banker about rates and fees. It also means nine more retail leases competing for prime corner space in our commercial corridors.
First reported by herecolumbia.com.
What's on around here, in your inbox
Local news, events worth turning up to, and deals from businesses nearby. No more than once a week.