News

08/12/2019

PNC Bank will no longer finance the private-prison industry

Published By

Philadelphia City Paper

The Pittsburgh-based PNC Bank is the largest bank in Pennsylvania and operates banks in 19 states. PNC was a large funding partner of CoreCivic, the second-largest private prison operator in the country. According to The Center for Popular Democracy, PNC provided CoreCivic with $112 million in credit commitments and a $28 million loan.

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