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:
“Stories of law violations are weighed on a different set of scales in the Black mind than in the white. Petty crimes embarrass the community and many people wistfully wonder why Negroes don’t rob more banks, embezzle more funds and employ graft in the unions.... This ... appeals particularly to one who is unable to compete legally with his fellow citizens.”
—Maya Angelou (b. 1928)
“The mother whose self-image is dependent on her children places on those children the responsibility for her own identity, and her involvement in the details of their lives can put great pressure on the children. A child suffers when everything he or she does is extremely important to a parent; this kind of over-involvement can turn even a small problem into a crisis.”
—Grace Baruch (20th century)