PITTSBURGH, Dec. 13, 2011 /PRNewswire/ -- In addition to
stopping newspaper delivery, refilling prescriptions, locking
windows and asking a trusted neighbor to keep a watchful eye on the
house, snowbirds should ensure that their finances are in order
before taking flight.
Florida and other Sunbelt
states see a significant increase in population during the winter
months, an annual phenomenon that may be credited to snowbirds
looking to escape snow storms and cold temperatures in exchange for
a balmier climate. Such an escape is often meant to be a
relaxing retreat and undue stress can be avoided by being
personally and financially prepared.
"Our staff works with many snowbirds who are attentive to the
domestic and personal details associated with temporary relocation,
but may not think about personal finances," said Joe Bednarik, PNC Bank's regional manager of
retail banking for Southern New
Jersey. "Many of our customers aren't prepared for the
financial surprises that await them – missed credit card payments
or phone calls from the bank asking about out-of-state
charges."
To ensure a sunny season free of financial worries, PNC Bank
suggests five financial tips that snowbirds should consider before
flying south this winter:
- Inform your bank of your temporary address change to
continue receiving financial mail and to alert bank representatives
of out-of-state debit and credit card charges.
- Make a list of your bank's branches and ATMs near your
southern residence.
- Write down the phone numbers of your northern and
southern branches.
- Check the due date of your credit card balance to avoid
missed payments.
- Sign up for online banking and download your bank's Mobile
Banking App (if available) to conveniently manage your money
and make deposits at home or while on the go. If you're less tech
savvy, visit your branch before departing so a bank representative
can walk you through these processes.
PNC Bank, National Association, is a member of The PNC Financial
Services Group, Inc. (NYSE: PNC). PNC (www.pnc.com) is one of
the nation's largest diversified financial services organizations
providing retail and business banking; residential mortgage
banking; specialized services for corporations and government
entities, including corporate banking, real estate finance and
asset-based lending; wealth management and asset management. Follow
@PNCNews on Twitter for breaking news and announcements from
PNC.
CONTACT:
Emily Krull
(412) 762-5654
emily.krull@pnc.com
SOURCE PNC Bank