PNC Bank

PNC Unveils Advisory Council for $88 Billion Community Benefits Plan

PITTSBURGH – PNC Bank has formed a national 17-member Community Advisory Council that will provide guidance for lending, investment and service efforts in support of PNC’s four-year Community Benefits Plan.

“The deep knowledge and personal experience each member of the council brings will be invaluable to our ongoing efforts to bring much needed capital to low- and moderate-communities and communities of color throughout our expanded footprint,” said Richard Bynum, PNC chief corporate responsibility officer.

PNC’s Community Benefits Plan will provide $88 billion in loans and investments and other financial support to bolster economic opportunity for low- and moderate-income people and neighborhoods, as well as people and communities of color over a four-year period beginning Jan. 1, 2022.

Under the plan, PNC committed to forming an advisory council comprised of appointed local executives, community leaders, representatives of nonprofit organizations and other community stakeholders from across the bank’s footprint. The council members announced Wednesday  represent a broad range of expertise in community investment lending and services, small business development, and neighborhood revitalization from 11 states.

Beginning with its inaugural meeting in July, the council will meet semi-annually to discuss emerging areas of community needs and to collaborate with the bank to advance its home lending, small business lending, and community investment commitments.

Members of the PNC Community Advisory Council are:

  • Joseph B. Anderson, TAG Holdings, Wixom, Michigan.
  • Seema Agnani, National Coalition for Asian Pacific American Community Development, Washington, D.C.
  • Nick Mitchell Bennett, CDC of Brownsville, Brownsville, Texas.
  • Marla Bilonick, National Association for Latino Community Asset Builders, Washington, D.C.
  • Barbara Busch, Working In Neighborhoods, Cincinnati,
  • Carri Cowan, Bright Horizon Ventures, Mitchellville, Maryland.
  • Catherine Crosby, Town Manager, Apex, North Carolina.
  • Bob Dickerson, Birmingham Business Resource Center, Birmingham, Alabama.
  • Jonathan Encarnacion, UPMC for You, Reading, Pennsylvania
  • Ismael Guerrero, Mercy Housing, Denver.
  • Luis Granados, Mission Economic Development Agency, San Francisco.
  • Matt Hull, Texas Association of CDCs, Austin, Texas.
  • Gustavo Lasala, PeopleFund, Austin, Texas.
  • Lisa Mensah, Opportunity Finance Network, Washington, D.C.
  • Darel Ross, Start Garden, Grand Rapids, Michigan.
  • Mo Smith, Vorys, Sater, Seymour and Pease LLP, Washington, D.C.
  • Jesse Van Tol, National Community Reinvestment Coalition, Washington, D.C.

Copyright 2022 The Business Journal, Youngstown, Ohio.