Meadville Tribune

Local News

August 21, 2009

Three National City offices opening under Marquette's name on Monday, Aug. 31

Three former National City Bank offices will open their doors as Marquette Savings Bank on Monday, Aug. 31. The locations include 210 Water St. at Conneaut Lake and two Meadville locations, at 349 North St. and 16086 Conneaut Lake Road.

A wrong date for the openings was published in Friday's Meadville Tribune.

“Our solid financial footing has enabled us to greatly extend our reach, adding more than 12,200 customer accounts,” said Michael B. Edwards, Marquette CEO. “The new branch offices will also expand our work force to 105 employees.”

Pittsburgh-based PNC Financial Services Group Inc. first acquired all National City shares and locations in October 2008. But under Department of Justice antitrust rules about competitive mergers, PNC had to divest 61 National City branch offices, giving Marquette the opportunity to serve the Conneaut Lake area and add two locations in Meadville, increasing the number of its Crawford County offices to five. The new branches expand Marquette’s total office locations to 12

Founded in 1908, Marquette Savings Bank is the only bank headquartered in Erie. It is also the only bank with all of its offices located in Erie and Crawford counties. Prior to the acquisition, Marquette operated two Meadville locations as well as seven Erie County branches in Edinboro, Albion and Erie, the most recent of which opened in February 2009 at West 38th Street and Sterrettania in Erie.

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