Values-based banking might have seemed like a hard sell in the depths of the economic downturn, yet banks focusing on sustainability and other social impacts fared better than their traditional counterparts. New Resource Bank President and CEO Vince Siciliano explores this phenomenon March 28 in San Francisco as a speaker at “Beneficial Banking: Are YOUR Bank Deposits Changing the World?” .
At the event, sponsored by the Silicon Valley Microfinance Network, Siciliano and One PacificCoast Bank President Daniel Skaff will discuss why seeking social and environmental returns in addition to financial returns is a credible alternative to the current financial system. They’ll start with a primer on how sustainable banks differ from mainstream banks in philosophy and structure, and then explain how the success of their banks and others like them is changing the world of microfinance.
To learn more about the event and purchase tickets, visit the SVMN site. Want some data on how sustainable banks outperform mainstream financial institutions? See the highlights from a report by the Global Alliance for Banking on Values.