Mighty helps you bank for impact.
We all know that where we spend our money matters. What we don't always remember is that where we keep our money matters, too. Americans put $11 trillion into bank accounts with limited regard for the trajectory of funds. This money isn’t sitting in the bank, it’s in motion, powering investments in different communities and markets.
When you put your money in your bank account, you're not putting it under a mattress. You're putting it into an economic engine. Up to 90% of your money in your checking and savings accounts is used by your bank (while you're not using it) to invest in the economy.
Care about combating poverty in the US? +130 banks are certified as CDFIs - Community Development Financial Institutions - to do just that. Care about empowering minority business owners? +160 banks are certified minority controlled, and 15 -- just 15 -- of the nation’s 5,855 banks are women owned. Mighty makes clear how different banks power different markets and issues so that you can find the banking you need and the market impact you want. Read more...
The banking industry is impactful, and so are you.
From the City of Seattle’s decision to divest from the Dakota Access Pipeline and move $3 billion into a more socially-responsible bank to the Black Money Matters movement mobilizing to shift $500 million of individuals' deposit dollars into black-owned banks, public demand to understand the impact of banking is growing.
With just half of all Americans holding investments but over 90% holding a bank account, Mighty brings transparency of impact reporting to the bank account to scale the opportunity for greater participation from the public in the growing impact economy.
Mighty believes you deserve safe, competitive banking that's aligned with your values. Our mission is to bring you transparency into your choices to bank for impact, and to keep you connected to the impact of your money.
We're a Fast Company and American Banker featured company comprised of designers, technologists, data scientists, and storytellers who wake up every day excited to build technology that helps everyone experience greater transparency of impact in banking. We're next-gen leaders building next-gen banking experiences.
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