Living a life guided by conscientious decisions instead of inertia is empowering. It’s what makes us Mighty.
Themes discussed at SXSW tend to be discussed all year, and tech bringing transparency into the flows of community capital for the advancement of communities should be one of them.
Mighty named 1 of 48 impact startups in US accepted into the SOCAP 2017 scholarship cohort.
It takes a bit of thought. But once you commit and bring about that change: BAM! You, only better: refreshed, proactive, forward looking. Yes, finding a bank that matches your values is just like that. It looks good on you.
A look at the trend of Google searches for "DAPL banks" or "black banks" supports it: banking for impact is primed to go mainstream.
The first woman to charter a bank in the US 114 years ago gets her due with a statue. But with just 15 out of 5,800 banks in the US being women-owned, how far have we really come?
If you have money in the bank, your money is making an impact, touching lives, whether or not you realize it or not.
“There are lots of divestment conversations: fossil fuels, prisons, DAPL,” said Oscar Perry Abello, a New York City-based Fast Company + Next City journalist. "We’d like investment in bad things to stop, but we haven’t talked much about where to invest for good things. Where is our money going?"
CDFI (and other community investing) banks can partner with Mighty Deposits to appeal to impact investors by providing investment transparency and telling their impact story.
We asked people on University of Chicago's campus what celebrity their bank is most like. Here's what they had to say.
With just half of all Americans holding investments but over 90% holding a bank account, learn what banking for impact looks like, opportunities for its scaled adoption, and the different impact outcomes to be achieved.
2.7% of the banks in the US are certified minority-owned. Meanwhile, 39% of the population in the US is of Minority status. Let's break this down.
"In some ways, the election and its aftermath has breathed new life into so-called values based banking. It also represented an opportunity to be more aware as a nation," said Megan Hryndza, CEO of Mighty Deposits.
You don't need billions to be an impactful financier of American cities and marketplaces. You just need a bit of money and big visions, and the savvy to get started with your bank account. Mighty will show you your choices.
Students all said they were interested in entrepreneurship, building businesses, investing in companies. I then asked them how much money needed to start to be able to realize those dreams.
Remember when branch address was the leading identifier of a local bank? The bank down the street is no longer the local bank, necessarily.