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:
“The heroes of the world community are not those who withdraw when difficulties ensue, not those who can envision neither the prospect of success nor the consequence of failure—but those who stand the heat of battle, the fight for world peace through the United Nations.”
—Hubert H. Humphrey (1911–1978)
“In the planning and designing of new communities, housing projects, and urban renewal, the planners both public and private, need to give explicit consideration to the kind of world that is being created for the children who will be growing up in these settings. Particular attention should be given to the opportunities which the environment presents or precludes for involvement of children with persons both older and younger than themselves.”
—Urie Bronfenbrenner (b. 1917)