New Resource Bank is the bank for people who are leading the way to a more sustainable world. We match an entrepreneurial spirit with a dedication to achieving environmental and social as well as financial returns. Our mission is to advance sustainability with everything we do—the loans we make, the way we operate and our commitment to putting deposits to work for good.
A group of successful entrepreneurs, bankers and business leaders founded the bank in 2006 with a vision of bringing new resources to sustainable businesses and ultimately creating more sustainable communities. It was clearly an idea whose time had come: New Resource’s initial stock offering was 60 percent oversubscribed, and the bank opened with 240 founding shareholders, including Triodos Bank and RSF Social Finance. A secondary offering in September 2008 brought in Generation Investment Management, a sustainability-focused firm co-founded by Al Gore and David Blood.
In 2010, New Resource underscored its commitment to serving people, planet and profit by becoming a Certified B Corporation. B Corporations meet comprehensive social and environmental performance standards; New Resource was the first publicly traded (on the Over-the-Counter Bulletin Board) company to sign on.
The B Corp motto, “the change we seek,” resonates at New Resource. To us, banking isn’t just a service: it’s a way to create a better world. We’re building a universe of businesses, nonprofits and individuals seeking more sustainable ways to live. These leaders and learners aren’t just thinking about solutions—they’re making them happen, and we’re here to help.
Find out more about New Resource's vision in this article by CEO Vince Siciliano.
New Resource Bank is a founding member of the Global Alliance for Banking on Values, a member of the Green Chamber of Commerce and Western Independent Bankers, and a San Francisco–certified Green Business.