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Keith Mestrich Discusses Values-Based Banking with Cheddar News
June 6, 2019

Keith Mestrich Discusses Values-Based Banking with Cheddar News

In an interview with Cheddar News, Amalgamated’s President & CEO explains that a recent study shows “Many consumers are not aware that the money they deposit with their bank does not just sit in their accounts, but is used by the bank to lend and invest, and sometimes in ways that consumers might not agree with – for example funding gun manufacturers or companies that pollute the planet. We think it is important that people know and trust where their money sleeps at night, because they might be unhappy with the way their bank is putting their deposits to work. Our customers never have to wonder if their money is working in line with their values because we make sure everything we do, from our lending practices to our investments, is focused on furthering social, economic, and environmental justice.”

Watch the full interview below: