"Virtual Wallet continues to be focused around the wants and needs of the customer," said Mike Ley, vice president of E-business and Payments at PNC. "The excitement for the product motivates us to continue to innovate and design products that let customers bank whenever and wherever they want."

PNC continues to add new and innovative features to Virtual Wallet. Since 2008, it has updated or enhanced the product nearly 40 times. Last summer, it introduced the popular mobile deposit feature that allows customers to deposit checks using the camera on their smartphone. Other recent additions include:

September 2011: Virtual Wallet launched app for Android phone users
March 2011: Virtual Wallet Performance Spend account launched
August 2010: Credit card integration; budgeting tools and mobile alerts added
February 2010: Virtual Wallet blog launched (82,000 users to date)
July 2009: Virtual Wallet Student launched

Virtual Wallet is a visual online banking tool that combines a traditional checking account with long-term and short-term savings accounts. The product is designed to help customers save and spend smarter, and avoid unnecessary fees. Since its launch in 2008, it has quickly become PNC's flagship retail account.