Bank & Save: A Sustainable Banking Solution
Beyond Bank is not just a bank; it’s a community partner. They focus on helping people save money while also making a positive impact on the environment. This article will explore how Beyond Bank is committed to sustainability and how it aligns with the United Nations Sustainable Development Goals (SDGs).
Main Benefits of Beyond Bank
- Customer-owned, meaning profits go back to the community.
- Offers a range of sustainable banking products.
- Supports local charities and community organizations.
- Provides tools for financial wellbeing.
- Encourages responsible lending practices.
Understanding Customer Ownership
Beyond Bank is a customer-owned bank. This means that the customers are the owners. They get to share in the profits. This is different from big banks that are owned by shareholders. When you bank with Beyond Bank, your money helps the community. It helps local projects and charities. This is a big step towards making banking more sustainable.
Supporting Local Communities
Beyond Bank believes in giving back. They have a special account called the Community Reward Account. When customers save money in this account, Beyond Bank donates to local charities. In 2023, they gave over $680,000 to community groups. This helps support local causes and makes a real difference in people’s lives. It’s a win-win situation for everyone involved.
Tools for Financial Wellbeing
Beyond Bank provides tools to help customers manage their money better. They have calculators and guides to help people understand their finances. This is important for making smart decisions. When people are financially healthy, they can contribute more to their communities. Beyond Bank wants to ensure that everyone has the resources they need to succeed.
Responsible Lending Practices
Beyond Bank is committed to responsible lending. They want to make sure that people can afford their loans. This means they look at each person’s situation carefully. They don’t want to put anyone in a difficult position. By lending responsibly, they help people achieve their dreams without causing financial stress. This is a key part of their sustainable approach.
Linking to the United Nations Sustainable Development Goals
- Goal 1: No Poverty
- Goal 8: Decent Work and Economic Growth
- Goal 10: Reduced Inequalities
- Goal 11: Sustainable Cities and Communities
- Goal 17: Partnerships for the Goals
Conclusion
In conclusion, Beyond Bank is more than just a bank. They are a community partner that focuses on sustainability. Their customer-owned model, support for local charities, and commitment to responsible lending practices all contribute to a better future. For more information, visit Beyond Bank.
