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Pittsburg National Corporation (PNC)

Pittsburgh National Corporation, parent of Pittsburgh National Bank, was established as the Pittsburgh Trust and Savings Company in 1852, and is the oldest bank in Pittsburgh. Within months of its creation, the company moved its offices to Wood Street, one door from the corner of Fifth Avenue, and in 1858 it acquired the corner lot. The company has been doing business at the corner of Fifth Avenue and Wood Street ever since.

Officers of Pittsburgh National played a key role in the passage of the National Banking Act of 1863, and the bank was the first to apply for a national charter. Upon receiving of its new charter, the institution became the First National Bank of Pittsburgh.

In the expansive period after the Civil War, the growth of the iron, steel, glass, and coal industries provided the foundation for a profitable bank.

First National Bank of Pittsburgh became Peoples First National Bank and Trust Company in 1946 through consolidation with Peoples-Pittsburgh Trust Company. In 1959, a triple merger occurred -Fidelity Trust Company merged with Peoples First, which, in turn, merged with First National. No permutation of the existing names seemed sufficient; a new name, -- Pittsburgh National Bank -- and a new symbol, a triangle that expressed the industrial and commercial strength of Pittsburgh´s Golden Triangle, were created.

Provident National Corporation

Provident National Corporation, parent of Provident National Bank, has origins that date back to the mid-19th century. One of its predecessors, Provident Life and Trust Company, was established in 1865 by Quakers as an insurance company. Its charter authorized it to insure lives and conduct traditional trust business. In cashing the checks issued to trust beneficiaries, the Provident Life and Trust Company entered the world of banking. The company used the motto, "Organized and Managed by Friends," and became known informally as "the Quaker bank," an identity that remained with it into the 20th century.

In 1922 the Provident Life and Trust Company split into two independent entities: Provident Mutual Life Insurance Company and Provident Trust Company. The Trust Company chose to use artist Jean Francois Millet´s "Sower" to visually represent the long-term benefits of prudent investment.

In 1957, Provident Trust Company of Philadelphia and Provident Tradesmens Bank and Trust Company merged, creating Provident National Bank. The bank used the name Provident Tradesmens Bank and Trust Company and continued to use Millet´s "Sower" as its trademark until 1964.

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14y ago

At my job it means Potential New Client. I work at a Tax resolution company.

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11y ago

This is the stage name for the New Zealand rapper Sam Hansen. Palmerston North City or PNC is the home town for Sam Hansen. Palmerston North City is located in New Zealand.

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Q: Abbreviation PNC stands for what?
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