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What Is A Common Good Bankâ„¢? (with video)
Common good banks will be different from ordinary banks in two ways: who benefits (everyone) and who gets a say in how the money is used (everyone). This is not just another bank with a social mission. This is
a social mission with a bank!
- All profits go to schools and other nonprofits.
- Depositors decide what the bank should invest in.
- Free local credit card processing for local businesses.
- Micro-loans for new businesses and community projects.
- A full range of secure, FDIC-insured banking services.
- Committed to sustainability and economic justice.
Once the first common good bank opens, any community ANYWHERE can start one in just a few days, with no need for a bank building. (How?)
Wherever you are, SIGN UP. (It's free!) Together common good bank communities can make a better world for everyone.
What do you find compelling about the common good bank plan? Share your comments below.
VIEW VIDEO
http://commongoodbank.com/home/?showvid=1
March 25, 2010