Here’s what’s next for PNC’s $1B commitment to combat systemic racism

PITTSBURGH — PNC Financial Services Group Inc. said it has issued $339 million in loans and investments as part of the $1 billion commitment it announced in June 2020 to help challenge systemic racism and support the economic empowerment of Black and low- and moderate-income individuals and communities.

Pittsburgh-based PNC (NYSE:PNC) said it is expanding that commitment in January to more than $1.5 billion and that it is part of the bank’s four-year, $88 billion Community Benefits Plan.

Read more in the Pittsburgh Business Times.

Hundreds of families come to PNC Park in Pittsburgh for diaper distribution as costs rise