WILMINGTON- PNC bank recently announced that Greg Miraglia, a private wealth banking veteran, will assume market leadership for Delaware.
Greg Miraglia | PHOTO COURTESY OF PNC BANK
He will oversee the second-largest consumer bank in the First State by branches and oversee a large workforce for Pittsburgh-based PNC, which is the sixth-largest bank in America by deposits, according to the Federal Reserve.
It marks a professional return to Delaware for Miraglia, who started at MBNA in Newark and spent a number of years there in debt collection and fraud detection before moving on to a role in the mortgage lending business at National Penn Bank. He later spent some time in private banking at Wells Fargo Bank before joining PNC in 2016 as a Senior Relationship Strategist.
Earlier this year, Jim Hutchinson, a former market executive from PNC Delaware, moved to a senior vice president position at Bryn Mawr Trust, opening the opportunity for Miraglia’s return.
“My family really enjoyed the time we spent down here in Delaware. We have family in the area and I come from a family of bankers, some of whom have spent time here in the Wilmington area throughout their careers in the financial services industry. So it seemed like a really great opportunity to join a great team in Wilmington and across the state,” Miraglia told the Delaware Business Times.
In announcing the promotion, Joseph Meterchick, PNC Bank’s regional president for Philadelphia, Delaware and Southern New Jersey, described Miraglia as “an accomplished leader with deep wealth management expertise and a keen understanding of the unique needs of PNC Private Bank’s clients.” .
“Greg’s long-standing Delaware connections and track record are the perfect complement to the strong PNC team and foundation that exists in the marketplace,” he added.
Greg Miraglia will oversee approximately 1,500 employees in Delaware, many at the PNC Bank Center in downtown Wilmington. | DBT PHOTO BY JACOB OWENS
In addition to overseeing approximately 1,500 PNC employees in Delaware, Miraglia will serve as market wealth director for PNC’s private banking segment, which caters to high net worth individuals. Much of Miraglia’s career has been in the industry.
“I have always really enjoyed the personal side of banking, working with individuals and their families towards their goals and objectives. It’s been a really rewarding career path for me, developing some wonderful relationships with clients over the years,” he said.
He has also spent time in commercial banking, particularly developing relationships with downtown Wilmington law firms. This diverse background will help him lead employees working in consumer banking, commercial banking, private banking, real estate lending and trust services in Delaware.
“Banking and financial services is a highly competitive environment today, and our focus is on the community and building relationships within the community,” Miraglia said.
He noted that PNC has the resources to provide customers of all types with a full-service bank, offering personalized services from cash management to payment and financing solutions, escrow services to investment management and more.
Miraglia expects he will need the first few months to get to know his local team, but expects to get involved there as well, such as through the Delaware Bankers Association.
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