SOLUTIONS: Alternative Banking

We’re starting a new SOLUTIONS series on CIO! to highlight alternative practices and proposals for creating a healthy and life sustaining future for all.

One major step is to bank with a financial institution that will invest in social, environmental, and economic justice. These include “ethical banks” and credit unions (credit unions are different from banks in that they’re member-owned rather than shareholder-owned and focus on local communities).

Below are three alternatives to the big banks (Bank of America, Chase, Wells Fargo etc):

RSF Social Finance (Based in San Francisco)

Wainwright Bank (Based in Boston)

New Resource Bank (Based in San Francisco)

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