 - link Copy Url
- [  Share on twitter ](https://twitter.com/intent/tweet?text=PNC Achieves Major Milestone in $88 Billion Community Benefits Plan https://www.3blmedia.com/markdownify/node/1290976?absolute=1&via=3blnews "link to 3 B L Media's Twitter")
- [  Share on linkedin ](https://www.linkedin.com/shareArticle?mini=true&url=https://www.3blmedia.com/markdownify/node/1290976?absolute=1 "link to 3 B L Media's Linkedin")
- [  Share on facebook ](https://www.facebook.com/sharer/sharer.php?u=https://www.3blmedia.com/markdownify/node/1290976?absolute=1 "link to 3 B L Media's Facebook")
- [ email Share via email ](mailto:?subject=PNC Achieves Major Milestone in $88 Billion Community Benefits Plan&body=ESG News from PNC Financial Services Group https://www.3blmedia.com/markdownify/node/1290976?absolute=1 "Share via email")
 
 

 [Responsible Business &amp; Employee Engagement](/CSR-News/responsible-business-employee-engagement)

 # PNC Achieves Major Milestone in $88 Billion Community Benefits Plan

 


 

 May 6, 2025 10:15 AM ET

  

Company has deployed 97% toward the plan to strengthen communities, drive economic empowerment and foster financial inclusion.

**Highlights**

- Three years into ambitious plan, nearly $85.5 billion of funds have been deployed toward the plan, representing 97% of pledge.
- In 2024, PNC strategically deployed $28.5 billion in capital to accelerate homeownership, small business growth and community investment.
- Final year of plan focuses on maximizing impact by deepening partnerships, expanding access to capital and driving economic opportunity.

**Making a transformative impact**

PNC’s steadfast commitment to the communities we serve drives our teams to create and execute capital investments, loans and grants that make a positive, lasting impact. It’s in that spirit of consistent forward progress that PNC Bank proudly shares the significant progress achieved under our $88 billion Community Benefits Plan (CBP), launched in January 2022 and concluding in December 2025.

With a commitment to economic empowerment and financial inclusion, the four-year initiative is making a measurable and transformative impact across low- and moderate-income (LMI) communities and majority-minority census tracts.

“Looking ahead, in this final year of the CBP, our focus remains on maximizing impact by deepening our partnerships, expanding access to capital and driving economic mobility,” said **Richard Bynum**, PNC’s chief corporate responsibility officer. Thanks to the amazing work of our PNC team members, we are well-positioned to build on this momentum and create lasting change for the communities we serve.”

**2024 report summarizes progress**

Since 2022, PNC has delivered $85.5 billion in capital investments, loans and philanthropic giving, representing over 97 percent of the total amount committed to accelerate homeownership, small business growth and community investment initiatives. In 2024, PNC delivered on our commitment to do right by our stakeholders with more than $28.4 billion in total capital deployed to catalyze investment in LMI communities across our footprint.

In addition to summarizing PNC’s progress in mortgage lending, small business and community financing as well as charitable support, the Community Benefits Plan annual progress report highlights some of the specific milestones and impactful wins that successfully supported the communities, clients and customers we serve. For more details, view the [2024 Community Benefits Plan](https://www.pnc.com/en/about-pnc/corporate-responsibility/community-benefits-plan.html?lnksrc=topnav) report.



 

 

 

 

 

 

 

 [![PNC logo](/sites/default/files/Clients/PNC_Logo.JPG)](/profiles/pnc-financial-services-group)

 



 

### More from PNC Financial Services Group

###### [PNC Announces New Initiatives to Inspire Outdoor Learning, Classroom Innovation Through PNC Grow Up Great](/news/pnc-announces-new-initiatives-inspire-outdoor-learning-classroom-innovation-through-pnc-grow)

 Mar 31, 2026 10:00 AM ET

  



###### [Beyond the End Zone: Jerry Rice on Winning in Life and Business](/news/beyond-end-zone-jerry-rice-winning-life-and-business)

 Feb 4, 2026 11:15 AM ET

  



###### [PNC Foundation Contributes $2M for New Snow Removal Equipment to City of Pittsburgh](/news/pnc-foundation-contributes-2m-new-snow-removal-equipment-city-pittsburgh)

 Jan 30, 2026 10:35 AM ET

  



###### [NCFL, PNC Grow Up Great Team Up To Pilot Outdoor Learning Program for Families](/news/ncfl-pnc-grow-great-team-pilot-outdoor-learning-program-families)

 Aug 13, 2025 3:00 PM ET

  



###### [Doing Right, A Brilliant Way to Do Business: PNC 2024 Corporate Responsibility Report is Here](/news/doing-right-brilliant-way-do-business-pnc-2024-corporate-responsibility-report-here)

 Jul 9, 2025 8:00 AM ET

  



###### [PNC 2024 Corporate Responsibility Report: A Message From Our CCRO to Our Stakeholders](/news/pnc-2024-corporate-responsibility-report-message-our-ccro-our-stakeholders)

 Jul 8, 2025 1:25 PM ET

  



###### [Fred Rogers Productions, PNC Foundation Extend Partnership for Alma’s Way, Be My Neighbor Day and More](/news/fred-rogers-productions-pnc-foundation-extend-partnership-almas-way-be-my-neighbor-day-and)

 Jun 27, 2025 1:00 PM ET

  



###### [Howard University &amp; PNC National Center for Entrepreneurship Convenes Entrepreneurs, Investors and HBCU Leaders for Empowerment Summit](/news/howard-university-pnc-national-center-entrepreneurship-convenes-entrepreneurs-investors-and)

 Jun 19, 2025 12:50 PM ET