PNC plans lockbox site in Los Angeles.

PNC Financial Corp. announced that it would add a Los Angeles site to its national lockbox network.

The Pittsburgh-based company already has lockbox offices in Philadelphia, Pittsburgh, Dallas, Cincinnati, and Louisville.

In the announcement earlier this month, James G. Graham, manager of marketing and customer service for PNC Corporate Services, said that the opening of the Los Angeles site would enable PNC to cater to corporations that do national collection processing.

The site is expected to open in the fourth quarter.

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