PNC BANK Opens In Exton

The PNC Bank EXTON branch team provides a wide range of financial services including checking accounts; loans and mortgages; investment services; insurance; and small- business banking solutions to help consumers and business owners bank with ease and confidence. PNC’s nationally recognized commitment to green building practices has lowered costs, increased efficiency and productivity as well as enhanced the communities where people live, work and play.

The NEW Exton branch located at 337 North Pottstown Pike (in front of Target®) is open 7 days a week, drive-thru service is available whenever the branch is open, and there is 24- hour ATM service.

For additional information about Deposit Now and other deposit solutions for your business, please contact Exton Branch Manager, Sanni Ibrahim, 484-875-4150 or Business Banker, Laurel Jordan, 484-875-4156.

Women Business Owners Forecast

Long-Term Growth, Won’t Abandon

Ship Despite Stormy Economy…

PITTSBURGH, Aug. 8, 2011 /PRNewswire/ — The long-term view among U.S. women business owners is positive as eight out of 10 foresee growth over the next two years compared to 7 percent who want to sell, a sign that rising costs and economic uncertainty will not deter one of the fastest growing segments of the nation’s small business sector.

The first-ever PNC Women Business Owners Outlook findings show these owners are managing through the current economy, holding the line on prices and employing new ideas and creative tactics to help endure the slow recovery.

“Creativity is paramount for a business to navigate through a down period,” said Beth Marcello, director of women’s business development at PNC Bank. “Our findings validate the value that women business owners place on creativity and innovation. Their willingness to try new ideas can result in new products or services, social media marketing tactics or even expansion into international markets.”

In July, PNC reported findings that showed women business owners feel squeezed by the economy: only 15 percent plan to hire new employees in the next six months while nearly three-quarters (72 percent) expect to reduce expenses. The second phase of findings focuses on business philosophy, and shows a quiet confidence about long- term prospects. PNC found that 80 percent aspire to grow their business substantially or moderately over the next two years.

Other Findings: Risky Business?

• TRY THIS: More than half (56 percent) of women business owners rely on trying new ways of doing things to make business decisions, compared to 44 percent who prefer to stick with what has worked in the past. Similarly, six out of 10 (62 percent) prefer to rely on their own ideas as opposed to others’.
• ANALYZE THIS: When making decisions, they are split between analysis and intuition. Fifty-five percent say they opt to analyze the situation while 45 percent go with their own intuitions.
• WHO YOU KNOW: Nearly seven out of 10 (68 percent) are affiliated with at least one industry group or business organization. Chambers of commerce and national industry groups are the most popular.

PNC provides education and certification curriculum to help its bankers to understand the challenges and opportunities for women in business. As a result, the bank has more than 500 PNC-Certified Women’s Business Advocates throughout its retail banking regions.