what does neighborhood focus mean?
loans and investments in small business, public works, local construction, housing, farms, and consumers. this is neighborhood investing, directly benefiting neighborhood value, or as the financial times defines it, the real economy.
banks also invest in the financial economy, which indirectly touches neighborhoods (through stocks, derivatives and other financial instruments).
how does mighty determine neighborhood focus?
we use publicly reported data that every bank in the country must report to regulators.
by using this data, mighty helps you see data that can be compared across banks.
how do i choose?
questions? talk to us.