PNC Bank, National Association (PNC Bank)

PNC Bank is a national banking association organized and existing under the laws of the United States.  With roots in commercial banking going back more than 150 years, the PNC Financial Services Group Inc. is today one of the nation's largest financial services companies with a diversified mix of services that includes retail and corporate banking, and wealth and asset management businesses.

As Trustee to the AFL-CIO Building Investment Trust (BIT), PNC Bank is responsible for all aspects of the management and administration of the BIT, including the selection of investments. PNC Bank has established the BIT Investment Committee to manage the BIT.  As of the date hereof, the voting members of the BIT Investment Committee are senior officers of PNC Bank and its affiliates.  The BIT Investment Committee also includes one additional independent voting member with institutional real estate expertise. 

PNC Bank has retained PNC Realty Investors, Inc. to perform real estate investment advisory and management services, as well as administrative services, in connection with the BIT.  PNC Bank also has retained the ITC to assist PNC Bank in marketing the Trust and providing investor and labor relations services.

PNC Bank, National Association
The Tower at PNC Plaza
300 Fifth Avenue
Pittsburgh, PA 15222
(412) 762-2000


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BIT News

AFL-CIO Building Investment Trust & Joint Venture Partner Break Ground In St.Louis Missouri's labor community joined politicians, and real-estate developers to celebrate the groundbreaking of the second BIT multifamily residential project in St. Louis, Encore.
AFL-CIO Building Investment Trust & Joint Venture Partner Break Ground In Culver City The labor leaders of Southern California joined politicians, real-estate developers, and representatives of the AFL-CIO Building Investment Trust (BIT) to celebrate the groundbreaking of the Culver City Creative office.
AFL-CIO Building Investment Trust Cuts Ribbon At Chicago’s Wolf Point West The labor leaders of Chicago joined politicians, real-estate developers, and representatives of the AFL-CIO Building Investment Trust (BIT) at the BIT's recently completed project, Wolf Point West.

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