Wells Fargo to Donate $1 Billion to Affordable Housing and Homelessness Across America

Wells Fargo's new philanthropic strategy includes a $1 billion commitment to help solve affordable housing and homelessness issues across America.

By Jeanne Goddard

23 October 81 Views

In 'Massive Boost' to Climate Goals, Banks Responsible for $47 Trillion in Assets Are Committing to Saving the Earth

More than one-third of the world's banks are committing to the sustainability goals that were set by the Paris Agreement.

By Jeanne Goddard

24 September 86 Views

Bank With A Conscience: The Aspiration Debit Card Helped Customers Finance 1Mil Trees Planted, and Get Cash Back

Aspiration, a ‘B Corporation' with social good as its top priority—helps customers plant trees and pays cash back for doing business with green companies.

By Blake Isbell

25 July 74 Views

Bank of America Pledges $1 Billion to Fight Racial Inequality; Apple, Facebook, Verizon Give $10M Each

Bank of America is committing $1 billion over 4 years to Fight Racial Inequality, while Apple, Facebook, Verizon are pledging $10M Each.

By Jeanne Goddard

03 June 79 Views

Canadian Credit Card Holders Are 'Over the Moon' With Chase Bank's Decision to Forgive Outstanding Debt

As a means of finalizing their exit form the Canadian credit card market, Chase Bank has decided to forgive all outstanding Canadian credit card debt.

By Tiffani Spengler

08 August 105 Views

Americans Living in These States Are the Best at Saving Money - And They're Saving For Different Things in 2020

New Yorkers are the most savings-conscious people compared to any other state, according to a new poll of 5,000 Americans from all 50 states.

By Jeanne Goddard

12 December 79 Views

This Bank Has Been Doing 170 Good Deeds to Celebrate Their 170th Anniversary

Ulster Savings Bank is gifting 170 good deeds to others as a way of celebrating its 170th anniversary.

By Roger Harper

18 May 79 Views

Banks Start to Make More Loans

Guess what's been happening in the financial industry over the last few months? The banks have quietly turned on the lending spigot. After several quarters of having their loan balances plunge or flatten out, several of the nation's biggest banks are reporting increases of 8%.

By Jeanne Goddard

18 October 77 Views

More Than Half of Americans Have a New Definition for Financial Well-Being After the Pandemic, Poll Finds

A OnePoll survey of 2,000 Americans, commissioned by Capital One, found that the pandemic has helped people view financial well-being differently.

By Jeanne Goddard

28 July 78 Views

Mobile Money Has Lifted 200,000 Kenyan Families Out of Poverty

2% of Kenyan households have been lifted out of poverty thanks to a payment and money transfer system that works on old phones, with SMS text messaging.

By Jeanne Goddard

11 December 75 Views

Bank Wants to Help Customers Affected by Hurricane, Waives 3 Big Fees in Florida

Hurricane Irma has disrupted so many lives in Florida, but the hassle of not having a bank branch nearby has just become less of a worry for thousands.

By Jeanne Goddard

14 September 64 Views

Tim McGraw Gives Mortgage-Free Homes to 36 More Veterans

Home may be where the heart is, but for 36 lucky veterans, it's on a street where Tim McGraw is buying each of them a house this year.

By Jeanne Goddard

08 July 71 Views

US Senate Defeats Big Banks; Limits Debit Card 'Swipe Fees'

The US Senate defeated an attempt by big banks to derail financial reform scheduled to take effect next month that will bring some overdue common sense to the debit card fees banks are allowed to charge merchants.

By Jeanne Goddard

09 June 55 Views

Family Empowers 16,000 Women With Microfinance

Very poor women in Peru are improving the lives of their families, thanks to business smarts, determination and a small business micro loan from Finca Peru, the family-run social enterprise that helps educate its 16,000 local micro-borrowers in savvy business growth.

By Jeanne Goddard

15 April 66 Views

World Bank Raises $165 Million in Bonds for Women-Owned Businesses in Africa

The World Bank on Wednesday said its private sector arm issued about $165 million in 'women's bonds' in the first such sale by the development lender specifically aimed at raising money for businesses owned or run by women in emerging markets. Bonds tied to social or environmental targets are part of a new trend in social finance and follows a green sale of bonds to help cut greenhouse gases in developing countries.

By Jeanne Goddard

09 November 68 Views