The global economic crisis that started in 2008 has focused public scrutiny on the predatory practices, gross mismanagement, and outright greed of the biggest conventional banks and financial institutions. The housing crisis has clearly shown what happens when lenders treat borrowers as a means for leveraging greater corporate profits, providing deceptive and unsound terms. Add in unemployment, plus diminishing services from governments caught in budget crises, and it becomes clear: the work of community development banks and credit unions is more important now than ever before.
To learn more about community investing banking options, as well as many more ways you can be a community investor, download or order copies of our Community Investing Guide, or visit our Web site. To find credit cards that build community, check out this article from the Green American, and to see how you can move all your accounts check out "10 Steps to Break Up With Your Mega-Bank".