Ethical Banking - Community Involvement

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).

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Famous quotes containing the words community and/or involvement:

    The people needed to be rehoused, but I feel disgusted and depressed when I see how they have done it. It did not suit the planners to think how they might deal with the community, or the individuals that made up the community. All they could think was, “Sweep it away!” The bureaucrats put their heads together, and if anyone had told them, “A community is people,” they would not have known what they were on about.
    May Hobbs (b. 1938)

    Many people now believe that if fathers are more involved in raising children than they were, children and sons in particular will learn that men can be warm and supportive of others as well as be high achievers. Thus, fathers’ involvement may be beneficial not because it will help support traditional male roles, but because it will help break them down.
    Joseph H. Pleck (20th century)