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  1. PNC Accomplished RBC Bank USA Deal - Yahoo Finance

  2. PNC Bank, National Association, Successor to RBC Bank (USA

  3. PNC Accomplished RBC Bank USA Deal - Yahoo News

  4. People also ask
    Last Friday, PNC Financial Services Group Inc. ( PNC) has completed the purchase of RBC Bank ( USA ), the U.S. retail banking subsidiary of Royal Bank of Canada ( RY ), according to a filing with the Securities and Exchange Commission on Monday.
    The name "PNC" is derived from the initials of both of the bank's two predecessor companies: Pittsburgh National Corporation and Provident National Corporation, which merged in 1983. PNC Mortgage (formerly National City Mortgage) is credited with funding the first mortgage in the United States and has offices across the country.
    Following the closure of the deal, RBC Bank was merged with and into PNC Bank, an indirect, wholly owned subsidiary of PNC Financial. As a result of this, RBC branches opened as PNC branches yesterday. In addition, PNC Bank accomplished the purchase of RBC Bank-related credit card receivables from RBC Bank (Georgia).
    In 1982, Pittsburgh National Corporation and Provident National Corporation, both with PNC as their abbreviations, merged into a new entity named PNC Financial Corporation. It was the largest bank merger in American history at the time and created a company with $10.3 billion in assets.
  5. PNC BANK, NATIONAL ASSOCIATION, successor to RBC BANK โ€ฆ