One bank branch is closing in Clarendon while another is opening up.

The PNC Bank at 3033 Wilson Boulevard will be closing after Feb. 18. The bank’s lease is up and, with rent steeply rising, it decided to move its operation into an existing branch several blocks down the road at 2601 Clarendon Boulevard.

Meanwhile, a Burke & Herbert Bank will be opening on Feb. 22 at 3020 Clarendon Boulevard, in the new Clarendon Center development. Burke & Herbert has about two dozen locations throughout Northern Virginia.

It’s been a relatively busy 9 months for banks in Clarendon. A MainStreet Bank branch opened at 1000 North Highland Street last summer.