Putting Green In The Bank
Building sustainable enterprise. Protecting the environment. Investing in social equity.
Doesn’t sound like your bank? That’s because it probably isn’t. The soon-to-be-new e3bank in Philadelphia is positioned to be the first green triple bottom line bank in New England.
From infrastructure to product and service offerings, everything the organization is involved with will be built upon the triple bottom line values of people, planet and prosperity. The bank is mobilized around a green economy and a sustainable environment, as well as supporting growing consumer and business demands around these issues.
“A commitment to the future is embedded in the DNA of e3bank,” chairman Sandy Wiggins said. “The financial industry has a large role to play in the societal shift to a sustainable world. The emerging green economy needs to be fueled by financial products and services specifically designed to accelerate its growth, and serviced by financial experts who ‘get it’ and who understand the urgency of this shift.”
Wiggins knows what he is talking about. A director and immediate past chair of the U.S. Green Building Council, for him the environment is serious business.
e3bank will open for business in the first quarter of 2009 with retail locations in Philadelphia, Penn., and Malvern, Penn., and with a dynamic online banking web presence. The organization is currently seeking a new banking charter from the Pennsylvania Department of Banking and FDIC.
Jake, great article. With all the trouble the banks have had lately, I think moving towards sustainable practices and strong fundamentals will serve the banks and financial systems more fully than the speculative lending practices that have been going on the last couple years. Thanks for the update on e3bank!