.

.J. Reymundo Ocañas

EVP, Director of Community Development Banking, PNC Bank

At PNC, Mr. Reymundo Ocañas is responsible for the team dedicated to improving low- and moderate-income
communities across the bank’s footprint using innovative financial transactions, the delivery of programs supporting families and neighborhoods and through strategic grantmaking coast to coast. He leads the teams producing CRA-eligible community development lending and investment across PNC markets, with a primary focus on commercial and residential real estate, community development financial institutions and opportunity zone financing.

Mr. Ocañas is responsible for the launch and delivery of PNC’s $88 Billion Community Benefits Plan announced March 2021 that will provide $47 billion in residential mortgage and home equity loans; $26.5 billion in loans to small businesses; $14.5 billion in community development loans, including at least $400 million for community development financial institutions; and $500 million in charitable giving, sponsorships and philanthropic grants. This Plan also includes a $1.5 Billion commitment to address systemic racism through the deployment of capital and programs that provide economic opportunity for communities of color across the U.S.

Before joining the bank in 2009, Ocañas held positions with BBVA (merged with PNC), Wells Fargo, JPMorgan Chase & Co., Bank of America, the Texas Association of Community Development Corporations and the Greater Austin Hispanic Chamber of Commerce
Phone 602-417-1400
Raza Development Fund (RDF) is the largest national, Latino-focused nonprofit Community Development Financial Institution (CDFI). Driven by a mission to close wealth and opportunity gaps in Latino and other under-resourced communities across the United States, RDF provides responsible and attainable financial solutions to community-based organizations focused on health, education, affordable housing, climate resilience, homeownership, and entrepreneurship. RDF was founded in 1999 as a support organization to UnidosUS, the nation’s largest Hispanic civil rights and advocacy nonprofit, formerly known as the National Council of La Raza. As a testament to its exceptional financial strength and impact, RDF stands out as one of the few CDFIs with a prestigious AA- S&P rating. Since its inception, RDF has invested more than $1.3 billion across 38 states, leveraging over $6 billion in additional capital.
In accordance with federal law and U.S. Department of the Treasury policy, this institution is prohibited from discriminating based on race, color, national origin, sex, age, or disability. Submit a complaint of discrimination, by mail to U.S. Department of the Treasury, Office of Civil Rights and Equal Employment Opportunity , 1500 Pennsylvania Ave. N.W., Washington, D.C. 20220, (202) 622-1160 (phone), (202) 622-0367 (fax), or email crcomplaints@treasury.gov (email).

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