In 2021, PNC announced an $88 billion Community Benefits Plan, inclusive of a previously announced commitment of more than $1 billion to support the economic empowerment of Black Americans and low- and moderate- income communities. The Community Benefits Plan will provide at least $88 billion in loans, investments and other financial support to benefit low- and moderate-income individuals and communities, people and communities of color, and other underserved individuals and communities over a four-year period.
We are working to enhance the framework for PNC’s community support to include a greater emphasis on the importance of the educational continuum, economic empowerment, entrepreneurship and social justice issues. While we may be approaching our work with a more deliberate focus on the Black community, diversity, equity and inclusion is not new to PNC. It has long been at the heart of how we run our business and has guided our efforts around economic empowerment.
—Richard Bynum, Chief Corporate
Diversity & Inclusion are core values at PNC. They shape our workplace and serve as a business imperative. We are committed to a culture where all employees and customers feel welcomed, valued and respected. We believe that what makes us different makes us stronger. We are committed to providing equitable opportunities to drive innovation and high-performing teams, and increased transparency on our continued path. We owe it to our stakeholders to reach our fullest potential as a company, employer, neighbor and investment.
—Gina Coleman, Chief Diversity Officer
Azie Taylor Morton was denied entrance into graduate school in the 1950s. Even though she faced barriers, she pursued a career in public service. In 1977, Azie Taylor Morton was appointed the first Black Treasurer of the United States.
Madam C.J. Walker was a businesswoman and the first self-made female millionaire. She revolutionized hair care for Black women, and in 1910 she founded the Madam C.J. Walker Manufacturing Company in Indianapolis, IN.
The DuSable Museum was founded in 1961 by Dr. Margaret Burroughs and other leading Chicago citizens to preserve and interpret experiences and achievements of people of African descent. The Museum is dedicated to the collection, documentation, preservation and study of the history and culture of Africans and African Americans. The DuSable Museum is proud of its diverse holdings that number more than 15,000 pieces and include paintings, sculpture, print works and historical memorabilia. Special exhibitions, workshops and lectures are featured to highlight works by particular artists, historical events or collections on loan from individuals or institutions. The Museum’s namesake is Jean Baptiste Point DuSable, who in 1779, established the trading post and permanent settlement which would become known as Chicago.
PNC’s Community Development Banking group works to boost the quality of life in low- and moderate-income communities across PNC’s footprint through financial education, consumer programs, and community development lending and investing. The team works with consumer groups, Community Development Financial Institutions (CDFIs), neighborhood developers and local community development corporations to serve as the entry point to the rest of PNC. Community Development Banking distinguishes PNC from other banks because its objective is to meet the needs of our low- and moderate-income communities through a blend of products, services and philanthropy. PNC Bank’s significant accomplishments in this space have earned the company an “Outstanding” rating under the Community Reinvestment Act since those examinations began more than 40 years ago, reflecting the PNC’s commitment to communities and responsible banking.
Minority business owners face unique financial challenges. Join us for an insightful
discussion on ways to navigate the obstacles and drive succes.
Join PNC as we celebrate Black History Month featuring a panel discussion of educational leaders from Howard University, Clark Atlanta University, Texas Southern University and Morgan State University. These leaders will cover an enlightening and inspiring conversation surrounding how Historically Black Colleges and Universities (HBCU's) are working to accelerate black economic mobility in communities across the nation
To take advantage of these webcasts, you will need internet access.
The PNC Foundation awards more than $20 million in grants to historically Black colleges and universities (HBCUs) across the country.
4 min read
Black History Month serves as an annual opportunity to reflect on the impact African Americans have had on this country’s past and celebrate their impact on the future. Five PNC employees shared who has motivated them, inspired their careers and what it means to find allyship and support at work.
3 min read
Employees are at the center of PNC’s commitment to listen, learn and take action
2 min read