purpose
Jul. 19, 2021 10:25 am
We can create a successful public bank — it’s our money!
North Dakota's public bank is the most profitable bank in the United States, with up to 17% return on investment. Philadelphia has twice as many people as ND, and a lot more money. Imagine the potential, says guest columnist Constance Billé.
purpose
Jul. 9, 2021 3:39 pm
‘Postal banks helped people of little means to be able to save a few hundred dollars’
Two members of the Generocity community shared their enthusiasm for the idea of postal banking in response to our daily newsletter's question yesterday.
purpose
Jul. 8, 2021 2:44 pm
Postal banking could provide free accounts to 21 million in US without access to a credit union or community bank
The lack of affordable banking creates real hardships that disproportionately hurt low-income Americans and communities of color, say guest columnists Terri Friedline and Ameya Pawar.
funding
Jan. 31, 2020 3:14 pm
The urgent case for investing small and local
"Investing in local businesses is inherently impact investing," says George Cook, the co-founder and CEO of Honeycomb Credit.
funding
Feb. 27, 2019 3:32 pm
Want to really impact a community? Invest in a CDFI
They finance small businesses, affordable housing for vulnerable populations, and community facilities that provide health care services in underserved communities.
purpose
Jan. 5, 2017 10:07 am
Wharton Social Impact Initiative tackles the post-Recession bank stereotype
Believe it or not, triple-bottom-line banking is a thing. Beneficial State Bank founder Kat Taylor sat down with WSII VP Katherine Klein to talk about it.