The total conversion was planned to be carried out in four phases. Earlier, the first phase was completed in November 2009 for 1.8 million customers and 240 branches throughout the state of Florida, Western Pennsylvania and Youngstown, Ohio.
The planned third phase will start on April 12 that involves the conversion of 1.5 million customers and 420 branches in Northern Ohio (including Cleveland, Akron and Toledo) and the State of Michigan. The final phase, effective June 14, involves 1.6 million customers and 390 branches in the remainder of Indiana (primarily Indianapolis) along with the States of Illinois, Missouri and Wisconsin.
Thomas Whitford, vice chairman and co-leader of the national city integration at PNC, said: “The process of converting customer accounts is proceeding smoothly as the acquisition of National City continues to exceed our own expectations. We remain on track to complete the account conversion process by mid-year, which is ahead of our original schedule.”
Shelley Seifert, co-leader of the integration, said: “We see opportunities to gain individual and business customers across our expanded franchise and provide them with our full range of products and services.”