PNC finalizes merger of Ohio and Northern Kentucky banks.CINCINNATI--(BUSINESS WIRE)--May 26, 1995--PNC Bank, Ohio today announced that the merger of its Ohio and Northern Kentucky banks will be completed over the Memorial Day weekend. Effective Tuesday, May 30, PNC PNC Purdue University North Central (Westville, Indiana) PnC Point 'n Click PNC Police National Computer PNC People's National Congress (Guyana) PNC People's National Congress Bank will become the first and only Greater Cincinnati financial Cincinnati Financial Corporation (NASDAQ: CINF) offers property and casualty insurance, its main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. institution to offer its customers complete banking service on both sides of the Ohio River Ohio River Major river, eastern central U.S. Formed by the confluence of the Allegheny and Monongahela rivers, it flows northwest out of Pennsylvania, and west and southwest to form the state boundaries of Ohio–West Virginia, Ohio-Kentucky, Indiana-Kentucky, and . PNC Bank President and Chief Executive Officer Ralph S. (Mike) Michael III Michael III, Byzantine emperor Michael III (Michael the Amorian or Phrygian), 836–67, Byzantine emperor (842–67), son and successor of Theophilus and grandson of Michael II. said the merger eliminates all the inconveniences associated with having two banks in the two states. ``Now that we are one bank, personnel in all 56 Greater Cincinnati/Northern Kentucky branches can perform any transaction and provide complete customer information for any bank customer, no matter where their accounts were opened originally,'' Michael said. ``Because they are dealing with the same bank in both states, individuals and businesses can readily access their accounts near home or work, without having to maintain separate accounts in separate states. We are delighted to make it so much easier for our customers to do business with us,'' Michael said. Account services that are now available across the state lines include deposit functions, maintenance transactions such as stop payment orders, complete loan services from application to disbursement DISBURSEMENT. Literally, to take money out of a purse. Figuratively, to pay out money; to expend money; and sometimes it signifies to advance money. 2. of funds, balance information, transaction history and interim statements. Stephen C. Schatteman continues as President of the Northern Kentucky Division of PNC Bank, and its board also remains in place. ``We've been looking forward to this day,'' Schatteman said. ``This merger is particularly important for consumers who live in one state and work in the other, and for commercial customers with retail operations in both states. Our service to them going forward will be absolutely seamless.'' PNC Bank Corp., headquartered in Pittsburgh, is one of the largest banking organizations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . It operates community banking offices across Pennsylvania, Delaware, Ohio Delaware is a city in the U.S. state of Ohio and the county seat of Delaware CountyGR6. The municipality is located near the center of the state of Ohio, about 20 miles (32 km) north of Columbus, Ohio. Delaware was founded in 1808, incorporated in 1816. , Kentucky and Indiana and mortgage origination offices in 30 states. PNC Bank's major businesses include consumer banking; investment management and trust; mutual funds; and investment banking. CONTACT: PNC Bank, Cincinnati Jeanne W. Stricker, 513/651-8803 (o), 606/781-6898 (h) |
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