The 30-foot long branch on wheels will offer most of the features and services of a traditional brick-and-mortar branch, as well as educational seminars on homebuying, money management, and other topics.
PNC is bringing a mobile bank branch to Houston's Avenue Center in the Near Northside neighborhood later this month.
"This is an effort to improve the financial stability of people and families who may not otherwise have convenient access to banking services, rely on high-fee check-cashing and payday loans or who don’t have checking accounts at all," PNC said in a statement.Access to banking services is a persistent issue in Texas, according to state and local data. A 2020 study from the Federal Deposit Insurance Corp., found 7.
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