By Charles Eisenstein In George Orwell’s 1984, there is a moment when the Party announces an “increase” in the chocolate ration – from thirty grams to twenty. No one except for the protagonist, Winston, seems to notice that the ration has gone down not up. ‘Comrades!’ cried an eager youthful voice. ‘Attention, comrades! We have glorious […]
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The Case for Impact Investing by Small and Mid-Size Family Foundations
By Stacey Faella & Margaret Gifford Impact investing, or the idea of making money and doing good, is going mainstream and investors of all types are jumping into the marketplace—including foundations. But while some of the largest foundations have led the charge on impact investing, the movement is leaving many behind. Earlier this year, the Ford Foundation committed one billion dollars from its endowment to mission-related investments, opening […]
Impact Investing: The Change we all Seek
By Liz Sessler. If this past year has shown us anything, it’s that the world is seeking change–and is looking for it in places they’ve never looked before. Although the current political, economic, and social climate brings with it tremendous uncertainty, it also presents an incredible opportunity for the impact investing community as people actively […]
CNote To Reinvent Savings with Community Investing
High Yield Savings with CNote CNote’s High-Yield Savings Product Offers a 13x Better Yield with 100% Impact San Francisco, CA – December 6, 2016 – Alternative investment company CNote launched its automated savings product to reinvent the savings account and provide savers – many of who are making 0% interest – with better options. Founded […]
What I wish I knew of Impact Investors when I started
“What do impact investors want? Sustainable social impact with financial return” “What are board meetings for? To take policy decisions and ensure organization is on track” How can one disagree with the above answers? Yet, that is what I did! Because, practically there is something more every new entrepreneur should know beyond these text-bookish answers. […]
The Community Bank Story
Minnesota Vikings Cornerback Captain Munnerlyn banks with a locally owned and operated financial institution. So does NFL Hall of Famer and former Washington Redskins player Darrell Green, who sits on the board for MainStreet Bank in Fairfax, Va. These cornerback brethren share more than a love for America’s most watched sport. They’ve also found a […]
Millennials: Forward-Looking Lessons
Noah Wilcox, a fourth generation community banker from Minnesota, shares his take on the newest, largest customer base: the Millennial generation. Wilcox is the president and CEO at Grand Rapids State Bank and CEO at Minnesota Lakes Bank. You can reach him on Twitter at @NWWilcox. — Forget to pay the cable bill? TV’s overrated. […]
Go Local for the Holidays
It’s that time of year again where jingle bells are ringing, holiday decorations are lining the streets and children are making their lists and checking them twice. That’s right – it’s time to Go Local for the Holidays! ICBA is encouraging consumers to Go Local for the Holidays this year by shopping, dining and banking […]
Community Bank Spotlight: Farmers & Merchants Bank
During the 2014-2015 school year, Farmers & Merchants Bank (F&M Bank) has provided nearly 1,000 area high school students with critical money management skills via its My Money, My Future financial literacy program. Funded by the bank at no cost to local schools or taxpayers, My Money, My Future is an interactive web-based financial management […]
American consumers mostly bank on profits, not the ethics of saving
But growing values-based sector hopes to woo customers with environmentally and socially sound business practices June 27, 2014 5:00AM ET by Natasja Sheriff Vince Siciliano, head of California-based New Resource Bank, has what he thinks is an abrupt question for people asking about his business and where they might put their hard-earned savings. “Do you know where […]
New Resource Bank: Do you know where your money spends the night?
The chief executive of the New Resource Bank explains why values-led banking can lead to growth, profitability and social good Vince Siciliano, chief executive at the New Resource Bank, says personal and business banking is all about “joining up the dots”. “Do you know where your money spends the night?” It’s not a typical question […]