Green Your Money Launches Account Closing Actions June 1st
PNC Bank Losing Customers
Over Mountaintop Removal Coal Mining Policy:
Ongoing campaign begins June 1st.
Groups affiliated with Earth Quaker Action Team (EQAT) will begin closing their PNC bank accounts - after giving the bank 90 days notice and receiving “No Comment” on their controversial policy of financing coal companies that practice mountaintop removal coal mining.
Friday, June 1, 2012
10 am – 11 am
PNC Regional Headquarters
1600 Market St., Philadelphia
Similar actions will take place simultaneously at bank branches across Pennsylvania and the Delaware Valley area. In Newark, DE, State Sierra Club officials will announce their commitment to join the Pennsylvania Sierra Club in closing their PNC Bank account and educating members about the EQAT campaign.
To date, the Green Your Money initiative has identified over $3 million to be withdrawn from PNC bank. Building on the success of their recent 17-day, 200 mile walk from Philadelphia to Pittsburgh, Earth Quaker Action Team will continue to expand this campaign across the entire PNC footprint until the bank changes their mountaintop removal policy.
Mountaintop removal is a devastating form of surface mining that destroys ecosystems, pollutes waterways, and causes multiple serious health conditions. PNC Bank continues to be one of the nations two largest financiers of mountaintop removal, according to the Rainforest Action Network, whose 2012 Coal Finance Report Card was published this month.
VISUALS: Banners, posters, street theater, and leafleting. Participating customers will assert their right to close their account. If successful, they will post their “Free at Last” certificates on the front wall of PNC Bank. No arrests are anticipated.
If you would like to organize an action in your community, or have other questions, contact us at GreenPNC@gmail.com.