PNC Foundation Contributes $500K To Hurricane Relief Efforts
PITTSBURGH, Sept. 13, 2017 /PRNewswire/ — The PNC Foundation and PNC Bank today announced actions taken to help those impacted by Hurricane Irma.
The PNC Foundation will donate $500,000 for disaster relief efforts to be allocated as follows:
- A $250,000 grant to the American Red Cross to be used for disaster relief efforts related to Hurricane Irma.
- A pool of $250,000 in funding to be allocated after the need in the impacted communities can be more fully assessed and understood through our local market regional presidents.
The foundation will also match PNC employee contributions to the American Red Cross that support the Hurricane Irma relief effort, up to a total of $150,000.
PNC Bank will waive the following fees through September 18 for customers in FEMA-designated disaster areas related to Hurricane Irma in Florida and Alabama:
- Overdraft, insufficient funds, Non-PNC ATM, and monthly service charges for consumer and business accounts will be waived automatically.
- Late fees on credit card accounts and business and consumer loans, including home equity, student, personal and auto loans, will be refunded upon request.
“Our hearts go out to our fellow Floridians as we continue to deal with the flooding and devastation,” said Chad Loar, PNC Regional President for Florida West.
“PNC will continue to work together with community leaders to assist with relief efforts,” said Cressman Bronson, PNC Regional President for Florida East.
The PNC Foundation, which receives its principal funding from The PNC Financial Services Group (www.pnc.com), actively supports organizations that provide services for the benefit of communities in which it has a significant presence. The foundation focuses its philanthropic mission on early childhood education and community and economic development, which includes the arts and culture. Through Grow Up Great, its signature cause that began in 2004, PNC has created a bilingual $350 million, multi-year initiative to help prepare children from birth to age 5 for success in school and life.
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SOURCE PNC Financial Services Group, Inc.