Community Involvement
Ethical banks excel in community involvement, as do other financial institutions such as credit unions. Community involvement is not limited to ethical banks as conventional banks also partake in such actions. The following are a few examples of community involvement done by ethical banks, credit unions, and conventional banks:
- Affordable housing projects (ex. Vancity & Citizens bank)
- Many banks/credit unions try to increase financial literacy in the community
- Give local scholarships & sponsorships.
- Financially support community events (for ex. each year TD Canada trust donates to a local cause).
Read more about this topic: Ethical Banking
Famous quotes containing the words community and/or involvement:
“Who ever hears of fat men heading a riot, or herding together in turbulent mobs?—No—no, ‘tis your lean, hungry men who are continually worrying society, and setting the whole community by the ears.”
—Washington Irving (1783–1859)
“Not only do our wives need support, but our children need our deep involvement in their lives. If this period [the early years] of primitive needs and primitive caretaking passes without us, it is lost forever. We can be involved in other ways, but never again on this profoundly intimate level.”
—Augustus Y. Napier (20th century)