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Regional chief Weston Andress calls PNC a 'tweener' national bank that's finding niches in Carolinas

·7 min read
Regional chief Weston Andress calls PNC a 'tweener' national bank that's finding niches in Carolinas
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A decade after entering the North Carolina market, Regional President Weston Andress said PNC Bank is finding its niches as a "tweener" looking for gaps between the large national banks and the local players. Pittsburgh-based PNC Financial Services Group entered North Carolina in March 2012 when it acquired Raleigh-based RBC Bank for $3 billion, gaining nearly 1 million new customers and more than 400 branches in the Southeast and is now the sixth-largest bank in the U.S. in terms of assets.