ShoreBank

1 rating: 4.0

An American community development bank and green bank

ShoreBank is an American community development bank and green bank. It was founded in 1973 in Chicago. A pioneer in profitably lending to underserved urban and rural communities, ShoreBank has grown to over $2 billion in assets and has affiliates across … see full wiki

Tags: Conscious Companies, Green Banks, Ethical Banks

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One of the banks we shouldn't be scared of

Feb 28, 2010

by davidryal
posted in Tools for a Sustainable Economy

Rating:

Shorebank was one of the early pioneers in sustainable community banking. Their success has paved the way for expansion in the Pacific Northwest, and indirectly spawned the likes of New Resource Bank (SF), Green Bank (Houston). With community banks getting recent press due to the Ariana Huffington-sponsored Move Your Money campaigns, this model of community banking should be encouraged in every way possible, if only to provide competitive pressure against the big four.

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