Questions? We have answers.
Every dollar you deposit helps build something – the question is what. Some banks are channeling customer deposits into renewable energy, small businesses, and stronger local economies. Others continue investing in industries that belong to the past. With the right information, you can choose the future your money builds. Here’s the full story.
Historic patterns in housing, credit, and infrastructure investment have shaped who benefits most — and who bears the greatest costs — from environmental and economic change. Many of the communities most affected are also leading new approaches that combine sustainability with equity and opportunity. Understanding these connections helps banks, policymakers, and citizens make smarter, fairer choices. Learn more here.
Good question. None of the institutions listed here came to us with a marketing plan. We found, vetted, and asked everyone listed on the site to participate. All those on our site have committed to being fossil fuel free. For the full details, read more here.
We want to connect institutions that do the right thing to people who want to do right by their communities and our planet. Our end goal: building a new banking system that respects and represents people and the planet.
Yes, this is just the beginning. We started by contacting a group of 100 institutions. We structured our outreach by starting with organizations that already met one of more of the following criteria:
Here are all the details.
Drop us a note. If the institution meets our criteria and wants to be included, we’ll add them to the list.
To make the full switch, you need to open a new account and close your old account(s). Set yourself a reminder to switch here.
Opening a new account can take fewer than 5 minutes. It might take a bit longer for institutions that require steps like a signature or if you need to gather some information. You’ll usually need:
If you’re not a citizen, you can still almost always still open an account. You can use other documents to open an account, such as a:
Closing your old account is easy if you just follow a few steps:
1. Check that all pending payments from your old account have cleared, like checks and debit charges.
2. Transfer money from your old account to your new one. Important: Some institutions charge fees for low account balances, so be sure to either close your account on the same day or leave enough money in your account until you close it to avoid any fees.
3. Move over all your recurring payments (music streaming service, rent, utilities, insurance, etc) to the new account. (You can look at your bank statement to check what needs to be switched). Important: Try to also move them all at once to ensure your payments aren’t interrupted. If you can’t remember all your recurring payments, you can leave your old account open for a month to monitor any activity and close it after that month.
4. Switch your direct deposits (ie. your paycheck), your automatic payments (like your gas and internet), and your linked accounts (music, streaming, and video subscriptions) to the new account.
5. Let your old institution know that you want to close the account. You can usually do this online or over the phone. Document the closing and ask for confirmation that the account is closed via email or a letter.
6. Get loud! Let your old bank know that you disagree with their financing practices and that fossil fuels don’t belong in our future. Post on social media that you’ve made the switch, and use the hashtag #bankforgood.
Important: If you are receiving or expect to receive government assistance due to the pandemic, we recommend keeping your old account until you have finished receiving payments. This ensures you do not miss a payment. Types of assistance include:
Sure thing. Set yourself a daily, weekly, or monthly reminder here.
Shout it out! The more who hear your message, the better. Here are some ideas to start:
Our work is funded by a U.S.-based philanthropic foundation.
We’re raising up financial institutions that lead with purpose, investing in communities, advancing inclusion, and financing solutions that benefit both people and the planet. Here are the details.
Yes! We got in touch with all the institutions listed here to explain the campaign, asked them to sign our fossil-fuel-free pledge, and then signed them up.
Switching accounts is just the beginning. Step it up here.
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