Smart  Soulful Money® Podcast

Ep. 12: Sara Loving - Banking for Change: How Better Banking Options Help Us Create Positive Impact


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HIGHLIGHTS

  • Why does it matter where we bank?
  • What are 'big banks' and what's wrong with them?
  • Sarah describes how 'better banking options' make sure that our money, while it's in the bank, is doing as much good as possible.
  • What is the issue with transparency in the banking industry? What can we do about it?
  • What is the difference between a bank and a credit union?
  • What is the mission of Better Banking Options?
  • Sara talks about the four criteria Better Banking Options uses to evaluate banks and credit unions.
  • Better Banking Options offers a helpful search engine tool for finding a bank whose practices align with your values. Who should use it? What does it do?
  • What's the difference between choosing a bank with a local or regional presence versus some of the online bank options that are marketing themselves as more socially and environmentally focused?
  • Sara talks about how she has brought her commitment to social justice and her talent and passion for writing into her work and why it's important to her.
  • What is the next set of goals for the Better Banking Options project?
RESOURCES MENTIONED IN THIS EPISODE
  • Visit the Better Banking Options website, https://www.betterbankingoptions.com/
  • Learn more about the Hope Federal Credit Union: https://www.betterbankingoptions.com/post/hope-credit-union
  • Utilize the Better Banking Options search engine: https://map.betterbankingoptions.com/
  • Since the recording of this episode, Better Banking Options has developed resources for supporting racial economic equality with your deposits: https://www.betterbankingoptions.com/post/black-banks-list | https://map.betterbankingoptions.com/taglist?tags=bankblack
  • Get step-by-step instructions for how to move your money to a bank or credit union that aligns with your values: https://www.betterbankingoptions.com/post/How-to-Move-Your-Money

Connect with Sara and Better Banking Options: FACEBOOK | TWITTER

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Smart  Soulful Money® PodcastBy Carrie B. VanWinkle, CFP®

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