NaVOBA 2-Star Corporate Ally The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial services institutions in the United States with $381 billion in assets and $265 billion in deposits as of Dec. 31, 2017. For 166 years, PNC has been a strong competitor, innovator and engaged corporate citizen. Headquartered in Pittsburgh, Pennsylvania, PNC provides asset management, consumer banking and small business banking primarily in 19 states and the District of Columbia and offers corporate and institutional banking services across the continental United States. PNC bankers and financial consultants bring savvy, local knowledge and truly personal service to all of their banking relationships. As someone who has served our country, you can sign up for PNC Military Banking and take advantage of several member benefits.
Company Name: The PNC Financial Services Group
2017 Revenues: $16.3 Billion
Number of Employees: 53,000
Supplier Diversity Manager: Maureen Bober Seskey,
VP/Director, Supplier Diversity & Sourcing Operations
What are a few things they buy from small businesses?
IT Hardware and Programming
Here are some veteran’s business enterprises currently working with them:
AOC Solutions Inc.
Franklin Contractors Inc.
Jessco Construction, Inc.
Tips to land business with PNC:
Know your core competency and niche. Organizations typically look for a business with a specialty product or service versus a jack-of-all-trades. Determine what differentiates you from your competitors besides price and how you can highlight those differences.
Consider partnering with a prime company (Tier One supplier). As the competitive landscape is changing and regulatory environment is evolving within the financial industry, companies like PNC require their suppliers to have scalability and certain risk management practices in place. Finding a strategic partner is a good way to get started.
“We greatly value the commitment, hard work, and dedication of those who serve our country. Integrity, a sense of duty and strong leadership skills, among other attributes, have allowed veterans to bring tremendous value to PNC and its clients. PNC believes that hiring veterans and working with veteran-owned businesses allow it to better compete and provide exceptional products and services to PNC customers.” – Viju Verghis, EVP, Chief Financial Officer, Shared Services Finance and Enterprise Spend
Supplier Diversity Facts:
In 2017, PNC spent $328 million with small and diverse suppliers.
PNC was also named one of the Top 100 Military-Friendly Companies by G.I. Jobs in 2017.
PNC was named One of the Best Places to Work for Disability Inclusion with 100% score on Disability Equality Index (DEI) by USBLN.
PNC was also named the 2017 NIBC Best of the Best Corporation for Inclusion, by the National Business Inclusion Consortium (NIBC) .
Did you know?
• PNC has more newly-constructed LEED-certified projects than any company in the world. In addition, PNC’s 2017 charitable giving exceeded $72 million dollars and Forbes Magazine named PNC one of the 20 most generous Fortune 500 companies in 2016.
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