PNC does not charge a fee for Mobile Banking. However, third party message and data rates may apply. These include fees your wireless carrier may charge you for data usage and text messaging services. Check with your wireless carrier for details regarding your specific wireless plan and any data usage or text messaging charges that may apply. Also, a supported mobile device is needed to use the Mobile Banking App. Mobile Deposit is a feature of PNC Mobile Banking. Use of the Mobile Deposit feature requires a supported camera-equipped device and you must download a PNC mobile banking app. Eligible PNC Bank account and PNC Bank Online Banking required. Certain other restrictions apply. See the mobile banking terms and conditions in the Digital Services Agreement.
The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that the Office of the Comptroller of Currency has lifted its formal written agreement with PNC Bank, N.A., the company's principal bank subsidiary. This announcement, combined with the Federal Reserve Bank of Cleveland's lifting of a similar agreement with PNC on Sept. 15, 2003, brings to a conclusion the agreements PNC entered into with bank regulatory agencies in July 2002.
PNC has enhanced its risk management and loan administration practices and improved overall credit quality, while working in conjunction with its regulators to address the various requirements set forth in the OCC's written agreement.
"As these two recent announcements reflect, the PNC team has accomplished a great deal since the beginning of last year," said James E. Rohr, chairman and chief executive officer of The PNC Financial Services Group. "We're now a stronger company, and we believe we're well-positioned to continue building a more powerful, customer-focused franchise."
The PNC Financial Services Group, Inc., headquartered in Pittsburgh, is one of the nation's largest diversified financial services organizations, providing regional community banking; wholesale banking, including corporate banking, real estate finance and asset-based lending; wealth management; asset management; and global fund services.
SOURCE: The PNC Financial Services Group, Inc.
CONTACT: Media, Brian E. Goerke, +1-412-762-4550, or
corporate.communications@pnc.com , or Investors, William H. Callihan,
+1-412-762-8257, or investor.relations@pnc.com , both of The PNC Financial
Services Group, Inc.
Web site: http://www.pnc.com/
Company News On-Call: http://www.prnewswire.com/comp/701257.html
