Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Pennsylvania > Pittsburgh
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 01-10-2010, 01:09 AM
 
Location: Chicago
38,707 posts, read 102,687,747 times
Reputation: 29966

Advertisements

"Citi has a small banking footprint?" Seriously? It's the biggest freakin' financial services outfit on Earth.
Reply With Quote Quick reply to this message

 
Old 01-10-2010, 09:26 AM
 
Location: Pittsburgh area
9,912 posts, read 24,527,214 times
Reputation: 5162
Quote:
Originally Posted by Drover View Post
"Citi has a small banking footprint?" Seriously? It's the biggest freakin' financial services outfit on Earth.
Its retail banking footprint as far as branches go is fairly small in the US though. It may have more retail banking outside the US than any other US-based bank. But compared to B of A, Chase, etc. Citi almost certainly has less branch banking going on particularly if you're looking just in the US.
Reply With Quote Quick reply to this message
 
Old 03-14-2011, 12:21 AM
 
Location: Sh-ittsburgh, PA & Lancaster County, PA
1,044 posts, read 2,207,896 times
Reputation: 319
GOOD NEWS!
Thought I would mention it.

Bank of America installed a new ATM in the South Hills Village food court that (drum roll)
ACCEPTS DEPOSITS!

Yahoo, no more bank by mail. You can actually deposit checks or cash and it will even give you scanned images of them on your receipt from the ATM.
NO FEES when using the BOA debit card, and your deposits are instantly available.
I just tried it today and it works great! GO BOA!

(Right now, SHV is the only one that accepts deposits. All other BOA ATMS at Ross Park, Century 3, etc, don't but will be in the future.)
Reply With Quote Quick reply to this message
 
Old 03-14-2011, 03:34 AM
 
Location: The canyon (with my pistols and knife)
14,169 posts, read 22,574,016 times
Reputation: 17323
If Bank of America even tries to push into Pittsburgh, I hope PNC goes after them with a chainsaw.

By the way, here's PNC's footprint:

http://img.photobucket.com/albums/v437/DBR96/PNCfootprint.png (broken link)

If another bank tries to swallow them up, they'll probably choke to death.

Last edited by Craziaskowboi; 03-14-2011 at 04:30 AM..
Reply With Quote Quick reply to this message
 
Old 03-14-2011, 08:03 AM
 
Location: ɥbɹnqsʇʇıd
4,599 posts, read 6,682,312 times
Reputation: 3521
Don't give Bank of America any ideas about coming to this area.
Reply With Quote Quick reply to this message
 
Old 03-14-2011, 08:19 AM
gg
 
Location: Pittsburgh
26,137 posts, read 25,758,585 times
Reputation: 17378
Just change banks. PNC is a better outfit anyway. No bank is great however.
Reply With Quote Quick reply to this message
 
Old 03-14-2011, 08:33 AM
 
Location: Macao
16,284 posts, read 42,954,513 times
Reputation: 10231
Bank of America is a TERRIBLE bank. They have some of the worst mess up's with people's personal accounts than any other.

I had a serious credit card problem with them. It took me nearly 10 months for me to fix. I literally had to call them each and every month to try to change it. Each month when I got my next bill, it wasn't changed, despite them saying it would go into effect each time.

I won't go too much into detail, but just better to not even bother with that bank. Since that time, I've been tuning into other people's banking woes, and usually when the discuss them, lo and behold, it's Bank of America.
Reply With Quote Quick reply to this message
 
Old 03-14-2011, 10:27 AM
Bo Bo won $500 in our forum's Most Engaging Poster Contest - Tenth Edition (Apr-May 2014). 

Over $104,000 in prizes has already been given out to active posters on our forum and additional contests are planned
 
Location: Ohio
17,107 posts, read 37,941,720 times
Reputation: 14444
I don't bank at B of A, because they charge too many fees. I do my banking at a bank with almost no fees.

Back when the banking industry was doing well in the stock market, I bought stock in Bank of America. All of those fees other people were paying probably contributed to the price of my stock.
Reply With Quote Quick reply to this message
 
Old 03-14-2011, 11:18 AM
 
20,273 posts, read 32,857,468 times
Reputation: 2910
Competition is good, but I agree BoA is less than an ideal possible competitor for PNC. Anyway, they can't really expand right now for regulatory reasons.

PNC probably did get too big to be acquired with the National City deal. Citibank is the only larger bank that could acquire them without running into the existing regulations on total bank size, and there would be too much overlap in specific markets from such a deal (and it wouldn't fit with Citibank's strategy anyway). If we were going to see another big bank enter Pittsburgh, it would probably have to be someone like U.S. Bank acquiring a smaller bank in the area.
Reply With Quote Quick reply to this message
 
Old 03-14-2011, 07:47 PM
 
296 posts, read 557,712 times
Reputation: 126
Pittsburgh is a weird marketplace.

With banking, there are no national banks around here like B of A, Citi, Wells Fargo, JP Morgan Chase and to a lesser extent HSBC.

With grocery stores, there are no national brands like Safeway, Superfresh etc.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Pennsylvania > Pittsburgh
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top