PNC Bank, National Association (PNC Bank)

PNC Bank is a national banking association organized and existing under the laws of the United States. With roots in commercial banking going back more than 150 years, the PNC Financial Services Group Inc. is today one of the nation's largest financial services companies with a diversified mix of services that includes retail and corporate banking, and wealth and asset management businesses.

As Trustee to the AFL-CIO Building Investment Trust (BIT), PNC Bank is responsible for all aspects of the management and administration of the BIT, including the selection of investments. PNC Bank has established the BIT Investment Committee to manage the BIT.  As of the date hereof, the voting members of the BIT Investment Committee are senior officers of PNC Bank and its affiliates.  The BIT Investment Committee also includes one additional independent voting member with institutional real estate expertise. 

PNC Bank has retained PNC Realty Investors, Inc. to perform real estate investment advisory and management services, as well as administrative services, in connection with the BIT.  PNC Bank also has retained the ITC to provide investor and labor relations services.

PNC Bank, National Association
The Tower at PNC Plaza
300 Fifth Avenue
Pittsburgh, PA 15222
(412) 762-2000

 

Adobe Flash Player Required

Get Adobe Flash player

BIT News

Construction Moves Above Ground in the Windy City Celebrate the 30th Anniversary of the BIT by viewing the BIT's latest joint venture project along the Chicago River, Wolf Point East
Recent Transactions Take a moment to look at some recent transactions of the BIT. As with all investments by the BIT, new acquisitions have to adhere to the BIT's union labor policies, which can help stimulate union job creation and economic growth in communities across America.
Development Update: 1Q18 Take a moment to look at two union-built, recently developed BIT investments.