Living : Money :

Are you banking on a greener future?

05.16.2006

Submitted by idealbite on Tue, 05/16/2006 - 5:00pm.
The Bite:
Business is anything but usual at some major investment and commercial banks these days. A growing number of money houses have finally made the connection between long-term environmental sustainability and profitability.
The Benefits: 
  • Make investments in a sustainable future. Bank at institutions with an eye on the future - those committed to reducing waste and pollution, conserving natural resources, and addressing global climate change.
  • Qualify for lower rates. Some banks give borrowers a break for loans that will improve the energy efficiency of one’s home or auto transportation.
  • Seek out banks that offer free online checking and bill pay. You reduce your eco-footprint and will never have to buy another book of checks. And, if you sign up for automatic bill pay, you’ll never pay a bill late again.
Personally Speaking: 
For years, Jen struggled with bills… trying to stay on top of what to send out, buying stamps, and hunting down ex-boyfriends to get their half kept her busier than a 3-legged cat in a sandbox.  But now she is a kool kitten with online bill pay.
Wanna Try: 

Cocktail Fact

Americans are projected to pay $4.2 billion in ATM charges in 2006.

Bang For The Bite

If 10,000 Biters switched to online banking and statements, the trees conserved would produce enough oxygen to meet the needs of 39 people for one year.

3 comments
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Susan   on March 06, 2009 at 01:59 PM 1
When I get some cash at the drive-through window, I always tell them that I'll return their envelope right away. I quickly count my cash, then put the empty bank envelope back in the carrier for them to reuse. Who needs those envelopes except the bank anyway?
Susan   on March 06, 2009 at 02:02 PM 2
When waiting at the bank drive through window, I turn off my engine. It saves fuel, and the teller and I breathe fewer fumes. This works at any sort of drive through, including McDonalds.
Anna  on April 01, 2009 at 07:45 AM 3
What's the best way to get the skinny on all these banks? I know there are a few websites and books that rate banks on humanitarian and environmental ethics, but I'm wondering how to get primary source information. Where do those books and websites get their information? Any ideas for the best place to start? Thanks, Anna

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