Lakewood council member threatens to move city accounts after hundreds lose jobs in PNC-FirstBank merger
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LAKEWOOD, Colo. - Lakewood City Councilor Roger Low is demanding answers from PNC Bank about how nearly 800 laid-off employees are being supported - and threatening to discuss moving the city's 20 bank accounts if he doesn't get a response. More than 775 employees at the former First Bank headquarters in Lakewood lost their jobs on June 30 following the bank's consolidation with the Pennsylvania-based PNC Bank. Low said he wants to know whether those workers are being taken care of and what opportunities they have going forward. "Whether they're going to be taken care of, whether they're going to be retained, whether they're going to have opportunities to get new employment with PNC," Low said. Low said he wants to see the former employees receive strong severance packages and continued employment opportunities in Colorado. "I want to make sure that they're getting every possible opportunity to continue to work for PNC in good jobs with good wages in Colorado moving forward. Ideally, in my community in Lakewood," Low said. ► Watch Allie Jennerjahn's report in the video below: The transition has also created challenges for some customers. Lakewood resident Matthew Rhode said the changeover has been bumpy. "It's been a little tricky. The communication while there has been a little spotty," Rhode said. Still, Rhode said he is giving PNC time to work through the transition...
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