Financial Services Agreement Style 76

Throughout the years, A&S expanded its many special relationships with local, national, and international PPOs. In December 2011, PNC acquired 27 branches in the northern Atlanta suburbs with $240 million in deposits and $42 million in book value from Flagstar Bank. According a lawsuit, funds entrusted to National Prearranged Services (NPS), a St.Louis-based company that sold prepaid funerals, were diverted and embezzled. PNC Bank is the successor to Allegiant Bank, which served as a trustee for NPS from 1998 to 2004. PNC has sponsored several initiatives to improve education, health and human services, cultural activities and the arts. These include "PNC Grow Up Great", a commitment to early childhood development, the "PNC Foundation", and community development investments.

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