“…where you put your hard-earned paycheck deserves a touch more consideration. Most major banks invest heavily in fossil fuel extraction and infrastructure — which means that if you put your cash in them, you’re enabling climate change and probably wreaking havoc on someone’s land or water.”
Credit unions are usually better options than major banks, at least in terms of energy investments.
- Profits are member-distributed across the board.
- Their investments tend to be more local and stimulate business within communities.
- By virtue of being member owned, there’s more opportunity for members to dictate the bank’s activity.
Read on to find out if your current bank is a big fossil fuel backer and what you can do to get your cash out of coal, oil, and gas – here.
