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Updated Oct. 23, 2017

Today, the world’s largest banks meet in São Paolo, Brazil, to discuss policies on the climate and Indigenous People’s rights. In conjunction, borne out of the indigenous-led divestment campaign related to Standing Rock—is calling on everyone to break up with these megabanks to make it clear that enabling the abuse of the rights of Indigenous Peoples and financing climate change is not only bad for people and planet, but bad for business as well.

But closing your megabank account raises the question: Where should I move my money?

Luckily, an entire industry of ethically minded banks and financial institutions are out there to choose from. While they aren’t always guaranteed to have a clean environmental record, they do invest locally and in underserved areas. And they are also almost certainly not funding DAPL and trampling on indigenous sovereignty.

Closing your megabank account raises the question: Where should I move my money?

The easiest way to identify banks in your area is by looking for institutions that are locally rooted and mission-based. , for example, are member-owned, nonprofit financial institutions that provide an array of financial services and generally invest in local communities;  are private financial institutions that are primarily dedicated to providing loans to local, low-income, and underserved communities. (One word of caution is that these banks may have megabanks as investors, so be sure to read the fine print.)

A few years ago, I started helping fellow New Yorkers find businesses that matched their values in sustainability, diversity, and living wages. We wondered how we could collectively use our power as consumers to help create an economy where we don’t have to compromise our values. My organization, , built a database of businesses across the United States—more than 30,000 total—that rates businesses on these social responsibility values. We use five criteria related to the business’ impact on health, the environment, workers and local economies, and communities.

When considering banks, we first figure out whether they are independent or have outside investors or owners. Then, we check whether they are credit unions, CDFIs, and/or have received stamps of approval by trusted third parties, such as B Lab, a nonprofit that measures whether for-profit companies meet rigorous standards of social and environmental performance, accountability, and transparency, and certifies them as B Corps.

We also ask:

Health: Does the bank offer financial literacy, debt reduction, and other such services?

Environment: What percentage of loans are made to companies involved in or related to fossil fuel projects?

Local: What percentage of loans are made to local small businesses in the community?

Workers: Does the bank pay a living wage and hire within the community?

Citizenship: What percentage of members are from the immediately surrounding community? What percentage of the bank’s profits go to charitable endeavors?

So take a look at their websites, email or call contacts at the banks you’re considering, talk to friends and get recommendations, and check out resources like or .

Here are 10 examples of banks that meet most of these criteria, with branches and operations throughout the country to help you get started.

San Francisco 

Bank

New Resource Bank is certified as a and is a member of the . At New Resource Bank, in San Francisco, almost all of your deposits are used to fund sustainable businesses, organic products, clean energy, green real estate and nonprofits.

California and the Pacific Northwest

Community development bank

Beneficial State Bank (formerly One PacificCoast Bank) is a CDFI, a , and a member of the . The bank is devoted to the philosophy of “harm to none” and operates under a unique ownership structure where all profits are given to the . BSB is headquartered in Oakland, California, but has branches in other cities in California and the Pacific Northwest, including Los Angeles, Sacramento, Portland, and Seattle.

Portland, Oregon

Community development bank

Also owned by Beneficial State Foundation, Albina Community Bank is also a CDFI focused on creating jobs within the local Portland community. The bank offers simple personal and business banking services, free online and mobile banking, and even offers a credit card that donates a percentage of your purchases to local nonprofit organizations. To top it off, Albina is also a . (Sensing a trend yet?)

New York City 

Bank

The bank, also a , is especially focused on helping unbanked and underbanked members of the community, hiring locally, and paying living wages. Case in point: Its credit builder loans are specifically targeted to help those with low or no credit scores build credit while saving money at the same time.

Bank

Amalgamated Bank is the nation’s largest union-owned bank and is known for its socially responsible efforts—from last year to. The latter was enough to get a shoutout from Bill McKibben. And for more street cred, the bank was , as well.

Minneapolis-St. Paul 

Community development bank

Sunrise is the last on the list. It is also the only CDFI consumer bank in Minnesota. With six locations in the Minneapolis-St. Paul area, Sunrise is family-owned and provides a full suite of personal and business banking services. And with your deposits, the bank makes more than 70 percent of its loans in local, low-income communities.

Orlando and Fort Lauderdale

Bank

Located in Florida, First Green Bank is a member of the . As you can probably tell by its name, First Green Bank has an environmental and social mission. It also pays all its employees a living wage and makes 75 percent of its loans to small- or medium-sized businesses.

The South

Community development bank

Southern Bancorp is a CDFI with a mission to create economic opportunity in rural and underserved communities. Headquartered in Little Rock, Arkansas, Southern Bancorp has 80,000 customers and 43 branches, primarily in southern Arkansas and the Mississippi Delta. The bank, which is also a member of , provides personal and business banking services, including agricultural loans.

Everywhere

Community development bank

Black-owned and operated with branches in L.A. and Boston, OneUnited is a CDFI with a tremendous reach. As an online bank, it lets you open an account anywhere in the country and use ATMs near you that are in their network.

North Carolina, California, Florida, and Chicago

Credit union

Headquartered in North Carolina, Self-Help serves more than 130,000 members and has branches in several cities in Northern and Southern California, as well as Chicago and other select locations in Florida. Self-Help focuses its membership and lending activities on reaching people of color, women, rural residents, and low-income communities via its two credit unions, a venture fund, and a nonprofit research and advocacy organization dedicated to eliminating abusive financial practices like payday loans.