PNC Financial Services Group said it has completed the conversion of 780,000 FirstBank customers in Colorado and Arizona, bringing more than 1,620 employees and 95 branches onto the PNC Bank platform.
All 95 former FirstBank branches in the two states are now PNC Bank branches.
The conversion gives those customers access to PNC’s digital banking tools, treasury management services, wealth management offerings and its nationwide branch and ATM network.
PNC said the combination lifts its total footprint to about 2,400 branch locations and 58,000 PNC and partner ATMs.
The company said the deal strengthens its presence in Colorado and Arizona after acquiring FirstBank. The market has reacted to these announcements by moving the company's shares 1.24% to a price of $234.9187. Check out the company's full 8-K submission here.
