PNC Bank on Thursday became the largest commercial bank in the Federal Home Loan Bank System.

Joe Irwin, executive vice president and chief investment officer of PNC, said his institution joined the Federal Home Loan Bank of Pittsburgh to gain access to potentially cheaper funding available through the system.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.