Which banks fund the massive global fossil fuel industry? Most of the largest banks in America are absolutely the worst in this regard: Chase Bank is the worst, followed by Wells Fargo, CITI, Bank of America, Morgan Stanley, and Goldman Sachs. The top 35 banks have funneled $2.9 trillion into fossil fuels in the past 5 years. But  your money does not have to used to finance fossil fuels. You can prevent ANY of your money from funding fossil fuels and make all of your banking activities help in the fight for the climate by shifting your money to the following innovative financial institutions [click on the blue type to access the websites]:

*    CLEAN ENERGY CREDIT UNION: This national credit union was developed by the Green America organization and

– Provides excellent loan terms for solar electric systems, electric vehicles [including E-bikes], home energy efficiency improvements, and other clean energy products and services;

– Offers federally insured opportunities to invest in clean energy that are less risky than other clean energy investment products available on the market today; and

– Provides these services as a not-for-profit, cooperative financial institution that will remain dedicated to its mission over the long term.

*    MIGHTYDEPOSITS.COM: This organization maintains a list of banks that do not fund any fossil fuel businesses. These banks are also community-oriented and tend to invest their funds locally. Most are either minority-owned or are sustainable B-corporations [corporations that have an express purpose of social and environmental awareness beyond profit-making]. Many are also members of the Global Alliance for Banking on Values [see below]: a global network of banks using finance to further sustainability, social, and environmental efforts.

*    AMALGAMATEDBANK.COM This bank has been one of America’s most progressive financial institutions for nearly a century. It supports renewable energy 100%, provides personal banking accounts, has developed a 100% fossil-free investment portfolio, etc. It is also a certified B-corporation and a member of the the Global Alliance for Banking on Values [see below].

*    GLOBAL ALLIANCE FOR BANKING ON VALUES.ORG  The Global Alliance for Banking on Values is a network of independent banks using finance to deliver sustainable economic, social and environmental development.  They represent 67 financial institutions operating in 40 countries across Asia, Africa, Australia, Latin America, North America, and Europe, serving more than 60 million customers, and holding more than $200 billion in assets under management. Please see their website for a complete list of member financial institutions.

*    ASPIRATION.COM This company is a certified B corporation [businesses that meet the highest standards of verified social and environmental performance] and offers many standard financial services [credit cards, bank accounts, investment opportunities, etc.], but with a focus on climate change. Every time you swipe their credit card, they commit to plant a tree; their funds are never used to fund fossil fuel; they provide carbon offsets, and many other methods to encourage responsible banking that standard financial institutions do not.

*    BENEFICIAL STATE BANK.COM  This financial institution opened in 2007 under a unique foundation ownership model and has 7 branches throughout California, Oregon, and Washington. It offers checking, savings, loans, credit cards, online and mobile banking, and everything else you’d expect from a bank–but one that strives to strengthens local communities and improve the quality of life.