Community Development Banking

As a Main Street bank, we take pride in how we relate to and serve our employees, customers and communities and are committed to making business decisions that positively impact our stakeholders. We support the communities where we conduct business through job creation, local infrastructure, small business loans, financial education and sponsorships. These financial services, along with our philanthropic giving and volunteerism, create a series of benefits that strengthen communities.

Our Community Development Banking team specifically works to improve the quality of life for individuals, families and businesses in low- and moderate-income neighborhoods through affordable housing, community development lending, economic development, financial education and customized financial solutions. We also assist groups working with government agencies and help locate other sources for technical, financial or investment support.

Products and Services

  • Foundation Checking
    Foundation Checking is a transitional checking account for customers who are just entering or re-entering the banking system. This account has no balance requirements and provides ATM access with lower daily point-of-sale and ATM limits. A key element of Foundation Checking is its financial education component, which teaches the basics of money management.
  • PNC SmartAccess®
    PNC SmartAccess is our prepaid Visa® card offering, which enables customers to safely and easily access and manage their money.
  • First-Time Home Buyer Clubs
    Buying a first home can be a lengthy process where potential and sometimes costly pitfalls trap the unprepared buyer. To help buyers prepare for a major purchase and avoid these potential pitfalls, Community Development Banking supports Home Buyer Clubs at community organizations across the PNC footprint.
  • Individual Development Account 
    PNC also supports the administration of Individual Development Account programs offered by nonprofit organizations to help low- and moderate-income families save for a home or higher education.
  • Volunteer Income Tax Assistance 
    Through an alliance with the Internal Revenue Service, PNC offers prepaid Visa debit cards, free check cashing and financial education to lower income people who participate in the Volunteer Income Tax Assistance program.
  • PNC School Bank
    PNC School Bank is a youth savings program grounded in a school-branch alliance that helps children build savings accounts while introducing them to banking careers. Find more information about PNC School Bank.





in Financing in 2017

to low- and moderate-income populations and communities

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Community Reinvestment Act

PNC earned an “outstanding” rating for its most recent Community Reinvestment Act exam and has consistently earned this top rating since examinations began

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Community Reinvestment Act

Every three to four years, the Office of the Comptroller of the Currency, an independent bureau of the U.S. Department of the Treasury, evaluates a PNC's commitment to the communities we serve. This includes evaluating how we are meeting the credit needs of the entire community, including low- and moderate-income neighborhoods. Based on the evaluation, we, like other banks, are rated as outstanding, satisfactory, needs to improve or substantial noncompliance. PNC earned an “outstanding” rating for its most recent Community Reinvestment Act exam and has consistently earned this top rating since examinations began. Learn more about PNC’s Community Reinvestment Act rating.

Loans and Investments

In 2017, PNC provided $2.9 billion* in community development financing that benefited low-and moderate-income populations and communities, including:

  • $2 billion in community development loans 
  • $93 million in other investments to benefit underserved populations and communities 
  • $331 million in equity commitments to provide affordable housing through the Low-Income Housing Tax Credit (LIHTC) Program 
  • $194 million to help finance community-supported economic development projects through the New Markets Tax Credit (NMTC) Program 
  • $294 million to restore historic properties and return them to productive use through the Historic Tax Credit (HTC) Program

*Reflects Community Reinvestment Act-eligible investments made across PNC's footprint.

Someday Starts Today
2017 Corporate Social Responsibility

Summary of Our Efforts »

Full Report
Executive Summary
2017 PNC CDP Response

Quarterly Newsletter
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Recognized for our Efforts

Corporate Awards & Recognition

Employer of Choice

  • 50 Most Engaged Workplaces™, Achievers (2018)
  • Most Admired for HR, Human Resource Executive magazine (2018)
  • 50 Happiest Companies in America, CareerBliss (2018)

Diversity & Inclusion

  • Best Finance Companies for Women, Fairygodboss (2019)
  • Gender-Equality Index (BFGEI), Bloomberg (2019)
  • Best Places to Work for LGBTQ Equality, Human Rights Campaign (2019)
  • A. Leon Higginbotham Corporate Leadership Award, National Lawyers' Committee for Civil Rights (2018)
  • Top 50 Employers, CAREERS & the disABLED magazine (2019)
  • Top 70 Companies for Executive Women, National Association for Female Executives (2019)
  • 100% Score on the 2018 Disability Equality Index ® (DEI®) Best Places to Work™
  • The Most Powerful Women in Banking and Finance, American Banker (2018)
  • 50 Best Companies for Diversity, Black Enterprise magazine (2018)
  • Best Companies to Work for Women, Women's Choice Award® (2018)
  • Top Financial Companies, Professional Woman’s magazine (2018)
  • America’s 2018 “Best-of-the-Best” Corporations for Inclusion, National Gay & Lesbian Chamber of Commerce (NGLCC) and National Business Inclusion Consortium (NBIC) (2018)
  • 100 Best Companies for Working Mothers, Working Mother magazine (2018)
  • Best Companies for Dads, Working Mother magazine (2018)
  • 50 Best Places to Work for New Dads, Fatherly (2018)
  • Top Supplier Diversity Programs, Black EOE Journal (2018)
  • Top Employer, Black EOE Journal (2018)
  • Top LGBT Friendly, Black EOE Journal (2018)
  • Best Places for Women & Diverse Managers to Work, DiversityMBA Magazine’s 50 Out Front Companies for Diversity Leadership (2018)
  • Best of the Best for Top Disability-Friendly Companies, DIVERSEability magazine (2018)
  • Top Financial/Banking Companies, Hispanic Network magazine (2018)
  • Top 1000 Company Worldwide for Millennial Women, Mogul (2018)
  • Best Companies to Work for Multicultural Women, Women's Choice Award® (2018)

Military & Veteran Support

  • Best of the Best Top Veteran-Friendly Companies, U.S. Veterans Magazine (2018)
  • Top Veteran Friendly Supplier Diversity Programs, U.S. Veterans magazine (2018)

Community Investments

  • Outstanding Community Reinvestment Act Rating
  • Silver Halo Award, Engage for Good (2018)
  • Laurie D. Zelon Pro Bono Award, Pro Bono Institute (2018)
  • Corporate Social Responsibility Leadership Award, Financial Services Roundtable (2017)
  • Corporate Citizenship Award, Pittsburgh Business Times (2017)

Environmental Sustainability

  • 100 Most Sustainable Companies, Barron’s (2018)
  • Leader in Climate Disclosure, Carbon Disclosure Project (2017)

Important Legal Disclosures & Information

Lending products and services are provided by PNC Bank, National Association and require credit approval.