Pittsburgh sheds 20 bank branches within 10 days in January

PITTSBURGH — The biggest monthly branch slashing in at least a decade is underway in Pittsburgh.

Four different banks will have shed a combined 20 branches by the close of business on Friday. It’s taking 10 days and likely a record for the region.

Citizens marks pruning another 12 of its Giant Eagle branches on Thursday. Added to 15 shuttered in October — and with one more going in March, that’s half of the bank’s in-store sites here or a fourth of its retail presence in the 10-county metro.

But wait, there’s more.

Another seven branches will close forever on Friday.

PNC Bank (NYSE:PNC) is cutting three branches — in Caste Village, Baldwin and Whitehall — which close at 3 p.m.

And Dollar Bank is closing four Standard Bank branches that overlap. Dollar completed its acquisition of Monroeville-based Standard in May 2021. The locations closing are: 4 Parkway Center Drive South, Green Tree; 428 Forbes Ave., downtown Pittsburgh; 5150 U.S. Rt. 30, Greensburg; and 4785 Old William Penn Highway, Murrysville.

The remaining Standard branches will open as Dollar branches on Monday.

Bringing the total to 20, Huntington National Bank closed its branch at 427 Adams St. in Rochester on Jan. 13.

Click here to read more from our partners at the Pittsburgh Business Times.

Download the FREE WPXI News app for breaking news alerts.

Follow Channel 11 News on Facebook and Twitter. | Watch WPXI NOW

Austin Davis sworn in as youngest Lt. Governor in the country

©2023 Cox Media Group