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New Resource news
January 14, 2014
We’re looking forward to kicking off the New Year in style with our upcoming client reception and showcase, Jan. 30 from 6 to 8 p.m. New this year: we’re expanding to one big space, the inviting lobby of the Orrick Building next door.
This annual event is always a great opportunity to enjoy organic and sustainable food and wine, sample a variety of planet-smart client products and network with leaders in the sustainable business community.
December 19, 2013
New Resource Bank is sponsoring the cocktail reception at the North American edition of the Sustainable Foods Summit, happening January 22–23, 2014, in San Francisco.
December 10, 2013
Representatives of 25 nonprofit organizations attended a Dec. 3 finance workshop hosted by New Resource Bank and Nonprofit Finance Fund—and board members, executive directors and CFOs alike came away with valuable insights into how to ensure that their organizations remain sustainable while they pursue their missions.
November 7, 2013
Sustainable banks continue to significantly outperformed their “too big to fail” competitors in such key measures as return on investment, proportion of equity loaned out and strength of capital, according to an update of the Global Alliance for Banking on Values’ (GABV) groundbreaking March 2012 study.
October 11, 2013
New Resource Bank has created a new credit card program to meet the growing needs of both business and personal banking customers. Through a partnership with Elan, the bank now offers a wider variety of credit card options, including one exclusively for nonprofits.
Small businesses can choose from three cards: the Visa Business Bonus Rewards, the Business Bonus Rewards Plus, and the Visa Business Card with a 0 percent introductory rate for the first 12 billing cycles.
Other enterprise options are:
August 1, 2013
BauerFinancial, an independent bank and credit union analyst, gave New Resource Bank a five-star rating—the highest available—in its most recent reporting period.
August 1, 2013
Marsela Pecanac joined the bank in January as vice president in charge of deposits. She also manages the bank’s relationship with nonprofits, foundations and other enterprises with a social mission.
July 15, 2013
The New Resource Bank Impact CD gives customers a choice of three sustainability-related sectors to support with their deposits. Solar and alternative energy lending is still the most popular choice, followed by nonprofit and organics lending.
July 1, 2013
New Resource Bank has released an Android app version of our mobile banking system, available from the Google Play Store. Clients can also access their accounts via the bank’s iPhone and mobile browser apps.
The mobile banking application allows users to check balances, view their transaction history, and transfer funds between accounts. Business users can also approve wires and ACH transactions, as well as originate wires and ACH transactions using existing templates.
June 18, 2013
The Global Impact Investing Rating System (GIIRS) has awarded New Resource Bank an overall five-star rating, the highest possible.
GIIRS is a comprehensive and transparent system for assessing the social and environmental impact of companies and funds. Its approach is analogous to Morningstar investment rankings and Capital IQ financial analytics.
The GIIRS team rates New Resource twice yearly. The bank’s current overall score is 150, compared with an average score of 88 for other GIIRS-rated institutions in our market category (developed; 218 companies).