A PNC Bank of Arizona spokeswoman confirmed to The American Conservatives that the bank will cut 1:00 a.m.
Wednesday, May 30, to accommodate the opening of a new office in Tucson.
The bank said the Tucson office will be open as part of a phased opening to allow more staff members to take advantage of the new position.
PNC will also have additional employees working in Arizona.
The Tucson office was established to serve customers in the Tucson-area, the bank said in a statement.
“We have had a great partnership with PNC for many years, and we are proud to be a part of their future.
The Arizona economy is thriving, and I am proud to continue serving our customers in Tucson,” said Paul Tash, president and CEO of PNC.
The Phoenix office will continue to be operational, Tash said in the statement.
Pnc has more than 1,300 employees in Arizona and has about $1.5 billion in total annual revenue.
The Bank of California is the second-largest U.S. bank with $1 trillion in assets.