At Purpose, we believe banking can be a vehicle for innovation and social change. We offer socially responsible banking with a focus on promoting a kinder future for all beings. Together with our customers, we are choosing to redirect our money towards a future we believe in, encourage other financial institutions to move towards kinder banking, and discover and share mission-aligned products with other changemakers.
Purpose is a certified Public Benefit Corporation striving to offer a diversity of financial services in a responsible and transparent way. Our goal is to help individuals improve the quality of their lives and at the same time have a positive impact on the world around them. Instead we work to make sure that as much of your money as possible goes towards driving positive change. That includes providing access to capital to those who traditionally lack it – underserved communities, women and minorities.
As a double bottom-line company, we are committed to distributing 10% of net income to mission-aligned advocacy organizations. In 2022 we directed our giving to standout organizations focused on ending the abuse of animals raised for food. As we grow, we plan to continuously look for ways to expand our impact and to share our process with our users.
Working with federal programs that promote access to capital and local economic growth