Exhibit 24.2


                                POWER OF ATTORNEY

                                PNC FUNDING CORP
                               Shelf Registration

     The undersigned director and/or officer of PNC Funding Corp, a Pennsylvania
corporation, hereby names, constitutes and appoints Robert L. Haunschild,
Randall C. King, Karen M. Barrett and Thomas R. Moore, or any of them, each
acting alone, as such person's true and lawful attorney-in-fact and agent, with
full power of substitution and resubstitution, for such person and in his name,
place and stead, in any and all capacities in connection with the Registration
Statement ("Registration Statement") on Form S-3 or other appropriate form for
the registration under the Securities Act of 1933, as amended (the "Securities
Act"), and pursuant to Rule 415 thereunder of (i) PNC Funding Corp's unsecured
debt securities ("Debt Securities") and guarantees thereon ("Guarantees") by The
PNC Financial Services Group, Inc. ("PNC"), (ii) warrants for the purchase of
Debt Securities ("Warrants"), with a proposed maximum aggregate offering price
for such Debt Securities and Warrants, together with the PNC securities to which
the Registration Statement shall also relate, of up to $4,000,000,000, and (iii)
securities registered by PNC Funding Corp and PNC under Registration Statement
No. 333-88479 that have not been previously sold in the amount of $297,000,000
and that will be consolidated with the Registration Statement pursuant to Rule
429 under the Securities Act, and in connection with any and all amendments to
the Registration Statement and all instruments necessary or in connection
therewith, including to sign the Registration Statement and any and all
amendments and supplements relating thereto (including stickers and
post-effective amendments), in the name and on behalf of PNC Funding Corp and in
the name and on behalf of such officer or director of PNC Funding Corp; to sign
any and all additional registration statements relating to the same offering of
securities as the Registration Statement that are filed pursuant to Rule 462(b)
under the Securities Act; to attest to the seal of PNC Funding Corp thereon; and
to file the same, with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission and any applicable
securities exchange or securities self-regulatory organization; hereby granting
to said attorneys-in-fact and agents, and each of them acting alone, the full
power and authority to do and perform every act and thing requisite, necessary
or advisable to be done in and about the premises, as fully and to all intents
and purposes as any such officer or director might or could do in person; and
said persons are authorized to take or cause to be taken any and all such
further actions in connection therewith in the name and on behalf of PNC Funding
Corp as they, in their sole discretion, deem necessary or appropriate;

     And the undersigned hereby ratifies and confirms all that any said
attorney-in-fact and agent, or any substitute, lawfully does or causes to be
done by virtue hereof.

     IN WITNESS WHEREOF, the undersigned has duly signed this Power of Attorney
this 12th day of September, 2001.


Name/Signature                               Capacity
--------------                               --------

/s/ Walter E. Gregg, Jr.                     Director
-----------------------------------------
Walter E. Gregg, Jr.



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