2021 Top community-investing banks in Philadelphia, PA, according to public data

 

Below are the top 5 banks for community investment in Philadelphia, PA, according to public data. As a share of total assets, these banks invest the most into the community (via loans for business, housing, farms, households, and construction, and public works loans and securities). This ranking, powered by federal regulatory data, considers any bank that has 50% or more of deposits based in Philadelphia, PA.*

Click through to bank profiles and bank websites to see where deposits are invested and learn if the bank offers free checking, high-yield accounts, mobile deposits, and more. 

Top community-investing banks in Philadelphia, 2021

 

  1. Port Richmond Savings

  2. Tioga-Franklin Savings Bank

  3. Hyperion Bank

  4. Asian Bank

    • 76% of assets are invested into the community

    • 100% of money is based in Philadelphia, PA

    • Asian American-owned or -led, Community Development Financial Institution (CDFI)

  5. Second Federal Savings & Loan Association of Philadelphia


See all banks in Philadelphia, PA focused on financing communities


To compare banks by different social or environmental impact factors, like whether the bank invests in low-income communities, is Black-owned, or is fossil fuel free, browse the database of all banks in the U.S.

*Community financing consists of: business loans; housing loans; farm loans; construction loans; household loans; public works loans and securities. Banks are ranked in descending order of community financing as a percentage of total assets. Community financing data source: FFIEC Call Report, Q4 2020. This analysis includes any bank that has more than 50% of deposits based in Philadelphia, PA, as of the 2020 FDIC Summary of Deposits Survey. To learn more about the data and methodology, see our FAQ.

 
BlogSophia Wagnerquicklists