Subsidy Tracker Parent Company Summary
Parent Company Name:
PNC Financial Services
Ownership Structure:
publicly traded (ticker symbol PNC)
Headquartered in:
Pennsylvania
Major Industry:
financial services
Specific Industry:
banking
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $10,051,679 | 19 |
| Federal (grants and allocated tax credits) | $52,101,998 | 11 |
| TOTAL | $62,153,677 | 30 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $34,464,235,000 | 59 |
| TOTAL | $34,464,235,000 | 59 |
Time Period for State and Local Awards:
Earliest year of data: 2000. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2012.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
NATIONAL CITY BANK; PNC; RBC BANK USA
Links:
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Pennsylvania | $6,500,000 | 4 |
| Indiana | $2,598,560 | 4 |
| Kansas | $516,561 | 1 |
| Illinois | $354,000 | 3 |
| Maine | $82,558 | 7 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| PNC Energy Capital, LLC | United States | federal | 2013 | $17,007,672 | federal grant | |
| PNC Energy Capital, LLC | United States | federal | 2012 | $12,106,163 | federal grant | |
| National City Bank | United States | federal | 2009 | $7,443,814 | federal grant | |
| PNC Energy Capital, LLC | United States | federal | 2012 | $5,621,640 | federal grant | |
| The PNC Financial Services Group Inc | Pennsylvania | state | $3,000,000 | grant | ||
| PNC Energy Capital, LLC | United States | federal | 2011 | $2,579,543 | federal grant | |
| PNC Energy Capital, LLC | United States | federal | 2012 | $2,569,673 | federal grant | |
| PNC Financial Services | Pennsylvania | state | $2,500,000 | grant | ||
| PNC Energy Capital, LLC | United States | federal | 2011 | $1,995,716 | federal grant | |
| PNC Energy Capital, LLC | United States | federal | 2010 | $1,957,499 | federal grant | |
| PNC EQUIPMENT FINANCE LLC | Indiana | local | 2015 | $922,100 | property tax abatement | |
| PNC EQUIPMENT FINANCE LLC | Indiana | local | 2016 | $887,200 | property tax abatement | |
| PNC Bank, National Association | United States | federal | 2009 | $597,250 | federal grant | |
| PNC Bank, N.A. | Kansas | state | 2012 | $516,561 | grant | |
| The PNC Financial Services Group, Inc. | Pennsylvania | state | $500,000 | tax credit/rebate | ||
| PNC Financial Services | Pennsylvania | state | $500,000 | tax credit/rebate | ||
| PNC EQUIPMENT FINANCE LLC | Indiana | local | 2014 | $415,920 | property tax abatement | |
| PNC EQUIPMENT FINANCE LLC | Indiana | local | 2017 | $373,340 | property tax abatement | |
| PNC Energy Capital, LLC | United States | federal | 2011 | $163,028 | federal grant | |
| PNC Bank NA | Illinois | state | 2010 | $118,000 | grant | |
| PNC Bank NA | Illinois | state | 2012 | $118,000 | grant | |
| PNC Bank NA | Illinois | state | 2014 | $118,000 | grant | |
| PNC Bank NA | United States | federal | 2007 | $60,000 | federal grant | |
| PNC EQUIPMENT FINANCE LLC | Maine | state | 2016 | $20,855 | property tax abatement | |
| PNC EQUIPMENT FINANCE LLC | Maine | state | 2015 | $16,788 | property tax abatement | |
| PNC EQUIPMENT FINANCE LLC | Maine | state | 2017 | $14,902 | property tax abatement | |
| PNCEF LLC | Maine | state | 2010 | $8,950 | property tax abatement | |
| PNC EQUIPMENT FINANCE LLC | Maine | state | 2014 | $8,295 | property tax abatement | |
| PNCEF LLC | Maine | state | 2013 | $7,317 | property tax abatement | |
| PNCEF LLC | Maine | state | 2012 | $5,451 | property tax abatement | |
| PNC Financial Services Group | United States | federal | 2008 | $7,579,200,000 | federal loan or loan guarantee | |
| NATIONAL CITY BANK | United States | federal | 2008 | $3,000,000,000 | federal loan or loan guarantee | |
| NATIONAL CITY BANK | United States | federal | 2008 | $3,000,000,000 | federal loan or loan guarantee | |
| NATIONAL CITY BANK | United States | federal | 2008 | $3,000,000,000 | federal loan or loan guarantee | |
| PNC BANK NA | United States | federal | 2008 | $2,000,000,000 | federal loan or loan guarantee | |
| NATIONAL CITY BANK | United States | federal | 2008 | $1,250,000,000 | federal loan or loan guarantee | |
| PNC BANK NA | United States | federal | 2008 | $1,000,000,000 | federal loan or loan guarantee | |
| PNC BANK NA | United States | federal | 2008 | $1,000,000,000 | federal loan or loan guarantee | |
| PNC BANK NA | United States | federal | 2008 | $1,000,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2009 | $700,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2009 | $600,000,000 | federal loan or loan guarantee | |
| PNC BANK NA | United States | federal | 2008 | $500,000,000 | federal loan or loan guarantee | |
| PNC BANK NA | United States | federal | 2008 | $500,000,000 | federal loan or loan guarantee | |
| PNC BANK NA | United States | federal | 2008 | $500,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2009 | $500,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2009 | $500,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2009 | $500,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2009 | $500,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2009 | $500,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2009 | $500,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2009 | $500,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2008 | $400,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2008 | $400,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2009 | $400,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2009 | $400,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2009 | $400,000,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2006 | $350,000,000 | federal loan or loan guarantee | |
| PNC Bank | United States | federal | 2008 | $316,900,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2008 | $300,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2009 | $300,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2009 | $300,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2008 | $250,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2008 | $250,000,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2004 | $200,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2008 | $200,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2008 | $200,000,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2008 | $150,000,000 | federal loan or loan guarantee | |
| PNC Bank | United States | federal | 2008 | $123,800,000 | federal loan or loan guarantee | |
| RBC BANK USA | United States | federal | 2008 | $100,000,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2005 | $30,150,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2008 | $30,000,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2008 | $30,000,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2007 | $30,000,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2005 | $25,000,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2008 | $20,000,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2007 | $16,000,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2008 | $15,880,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2008 | $15,000,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2007 | $15,000,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2005 | $14,000,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2007 | $12,069,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2005 | $10,035,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2007 | $10,000,000 | federal loan or loan guarantee | |
| National City Bank | United States | federal | 2009 | $7,500,000 | federal insurance | |
| National City Bank | United States | federal | 2008 | $4,120,000 | federal insurance | |
| National City Bank | United States | federal | 2007 | $2,831,000 | federal insurance | |
| Pnc Bank, N.a. | United States | federal | 2012 | $2,250,000 | federal loan or loan guarantee | |
| Pnc Bank, N.a. | United States | federal | 2013 | $2,250,000 | federal loan or loan guarantee | |
| Pnc Bank, N.a. | United States | federal | 2014 | $2,250,000 | federal loan or loan guarantee | |
| PNC | Maryland | local | 2009 | undisclosed | enterprise zone |
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