Institute for Local Self Reliance

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Institute for Local Self-Reliance

The Institute’s mission is to provide innovative strategies, working models and timely information to support environmentally sound and equitable community development. To this end, ILSR works with citizens, activists, policymakers and entrepreneurs to design systems, policies and enterprises that meet local or regional needs; to maximize human, material, natural and financial resources; and to ensure that the benefits of these systems and resources accrue to all local citizens.

SUGGESTIONS

The Institute for Local Self-Reliance suggests on its website that you should seek out banks that are focused on financing small businesses in your local community.

Browse banks on MIghty that are focused on financing small business and narrow the search to see banks working in your community.

Browse small business banks

https://ilsr.org/top-5-reasons-choose-community-bank-or-credit-union/

Featured Recommendations from The Institute for Local Self-Reliance

Banks

Learn more about Southern Bancorp ∙ Top Impactful Bank Account for Rural America · 50% of Bank Holding Co. Board is Black · Certified B-Corp · Online Checking + Savings Nationally

SOUTHERN BANCORP · 50% of the bank holding company’s governing board is Black · 72% of your money is invested in communities · funds Communities of Color + 6 other causes · money is based in Arkansas + Mississippi · Apply For A MY IMPACT Saving Account Online

Learn more about Providence · Top Community Bank in Chicago · Great for Chicagoland Nonprofits · 30% of Bank Board is Black · Donates 10% of all Profit to Local Orgs Each Year · Bank Local

PROVIDENCE BANK & TRUST · 77% of your money is invested in communities · funds Small Business + 3 other causes · money is based in Chicago + Northwest Indiana · Apply for An Account or Mortgage Online

Learn more about National Cooperative Bank · Fossil Fuel Free · Top Sustainability Choice for High Yield Accounts · Apply Online · Deposit + Borrow From Across US

NATIONAL COOPERATIVE BANK · 77% of your money is invested in communities · funds Sustainability + 2 other causes · one of the nation’s few cooperatively-owned banks · high yield accounts · bank 100% online · Apply Online: Bank Accounts, Retirement Accounts, Loans

Learn more about Burling · Top Community Bank in Chicago · Small Business Focused · Fintech Friendly · Based in Loop

BURLING BANK · 90% of your money is invested in communities · funds Small Business + 3 other causes · money is based 100% in Chicago · #fintechfriendly