NYSE:PNC

PNC Foundation Announces $16.8 Million Grant To Support And Develop Black-Owned Businesses Through New Howard University Center for Entrepreneurship

Drives PNC's Commitment to Support Black Entrepreneurship and Economic Empowerment
Press Release

PITTSBURGH, October 20, 2021 /3BL Media/ - The PNC Foundation today announced a five-year, $16.8 million grant to create The Howard University and PNC National Center for Entrepreneurship – aimed at building resources and support for Black business owners across the country. The center will support expanded opportunities for Black entrepreneurship with enhanced educational, leadership and capacity-building resources and programs nationwide.

PNC Bank Launches Project 257: Accelerating Women's Financial Equality

Partnership with SheEO Aims to Help Close Economic Gender Gap
Press Release

PITTSBURGH, September 14, 2021 /3BL Media/ - PNC Bank announced today the launch of Project 257℠: Accelerating Women's Financial Equality, an initiative designed to help close the 257-year economic gender gap and expand on PNC's decades-long track record of supporting female financial decision makers.

PNC Pledges $20 Billion In Environmental Finance

Environmental finance goal builds on longstanding commitments to reduce environmental impact, transition to a low carbon economy and leverage resources to move all forward financially
Press Release

PITTSBURGH, August 18, 2021 /3BL Media/ - The PNC Financial Services Group, Inc. (NYSE: PNC) announced today it is committing $20 billion over five years in support of environmental finance.

PNC Issues Inaugural Social Bond

Proceeds will finance or re-finance eligible social projects that promote positive social outcomes and that benefit low- to moderate-income individuals and communities, majority-minority census tracts, and/or vulnerable or underserved populations.
Press Release

PITTSBURGH, August 13, 2021 /3BL Media/ - The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the closing of its inaugural social bond. The proceeds will be used to finance or re-finance Eligible Social Projects that promote positive social outcomes and that benefit low- to moderate-income (LMI) individuals and communities, majority-minority census tracts, and/or vulnerable or underserved populations.

PNC Financial Services Group, Inc. Joins the Partnership for Carbon Accounting Financials (PCAF)

Advancing its efforts to be a conscientious steward of the environment, PNC commits to measuring and disclosing its financed emissions.
Press Release

PITTSBURGH, July 15, 2021 /3BL Media/ - The Partnership for Carbon Accounting Financials (PCAF) announced recently that The PNC Financial Services Group, Inc. has joined the initiative and committed to measuring and disclosing its financed emissions. This is the latest step in PNC’s journey to understand, measure, disclose and mitigate its overall environmental impact in ways that are decision-useful for the bank and its stakeholders.

PNC Foundation to Partner With Sesame Workshop To Address Racial Justice Through $6.2 Million Grant

Building on a 17-year partnership, Sesame and PNC aim to equip young children to envision a brighter future without racism.
Press Release

PITTSBURGH, May 19, 2021 /3BL Media/ -- The PNC Foundation and Sesame Workshop announced today a $6.2 million initiative to address racial justice through early childhood education. Funded by the PNC Foundation and building on the thriving and impactful 17-year partnership between Sesame Workshop and PNC Grow Up Great®, the newest phase of this collaboration will focus on racial justice and providing children with the foundation for kindness, fairness, and respect, in the critical early years of child development.

PNC Bank Celebrates 11th Annual Women In Business Week

Virtual events aim to enlighten, engage and inform female financial decision makers
Press Release

PITTSBURGH, April 29, 2021 /3BL Media/ - PNC Bank is proud to announce its 11th annual Women in Business Week, which will be held virtually May 10 – 14, 2021.

Through this annual event, PNC provides female financial decision makers – from business owners and executives to women who may be managing their finances for the first time – with an opportunity to glean valuable insights for themselves, their families and businesses. The events will be all virtual, allowing women to participate regardless of their location.

PNC Announces $88 Billion Community Benefits Plan

Four-year plan developed in connection with PNC's pending acquisition of BBVA USA; Expands economic opportunity support for minorities and low- and moderate-income individuals and communities
Press Release

PITTSBURGH, April 27, 2021 /3BL Media/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced a Community Benefits Plan to provide $88 billion in loans, investments, and other financial support to bolster economic opportunity for low- and moderate-income (LMI) individuals and communities, people and communities of color, and other underserved individuals and communities over a four-year period beginning Jan. 1, 2022.

PNC Launches Low Cash Mode(SM) To Address $17 Billion In Industry Overdraft Fees

Summary: 
  • New Virtual Wallet® Feature Gives Control to Avoid Overdraft Fees
  • PNC Customers Reduce Fees by 60% on Average in Recent Pilot
  • PNC Expects to Drive Long-Term Growth via this Significant Enhancement to the Customer Experience
Press Release
  • New Virtual Wallet® Feature Gives Control to Avoid Overdraft Fees
  • PNC Customers Reduce Fees by 60% on Average in Recent Pilot
  • PNC Expects to Drive Long-Term Growth via this Significant Enhancement to the Customer Experience

PNC First Bank To Offer Two Bank On Certified Accounts

National certification illustrates PNC's support of customers in every life and financial stage
Press Release

PITTSBURGH, March 31, 2021 /3BL Media/ -- PNC Bank, N.A. is pleased to announce it is the first bank to offer two products that meet the Cities for Financial Empowerment Fund (CFE Fund)'s Bank On national certification.

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