Truths and Myths of Online Banking
Online banking can offer convenience and lower fees, but not all online banks use your deposits in ways that strengthen communities. Here’s what you should know before choosing where to bank online.
What to Ask When Researching a Better Banking Option
Not all banks that market themselves as community-focused are equally effective at supporting local economies and underserved communities. This guide explains the key questions to ask when researching a bank or credit union, including how much they lend to small businesses and affordable housing, how transparent they are about their practices, and whether their leadership reflects the communities they serve.
Understanding the Different Types of Financial Institutions
Financial institutions do far more than hold checking accounts. From traditional banks and credit unions to community development loan funds and investment firms, each type of institution plays a unique role in lending, investing, and supporting local economies. Understanding how these organizations operate can help consumers make more informed and socially responsible financial decisions.
Updates & Announcements for Better Banking Options
Better Banking Options reflects on a year of researching community banks, credit unions, and ethical banking institutions across the country while outlining plans for the future. From developing a community banking search engine to expanding research into mission-driven financial institutions, the project continues working to make socially responsible banking more accessible and transparent.
Why You Should Be Banking With Alternatives Federal Credit Union
Alternatives Federal Credit Union is a mission-driven CDFI and Community Development Credit Union serving Ithaca and surrounding communities through financial education, accessible lending, and community-focused banking services. Known for its commitment to economic opportunity and financial freedom, Alternatives FCU helps underserved individuals build long-term financial stability.
How to Maintain a Long-Distance Relationship (With Your Bank)
You don’t have to live near a branch to bank with a mission-driven community bank or credit union. This guide explains how to manage long-distance banking using online and mobile banking tools, fee-free ATM networks, electronic transfers, and local backup accounts so you can support the communities and causes you care about from anywhere.