Community Sector Banking Social Investment Deposit Account

Product Name

Community Sector Banking Social Investment Deposit Account

Issuer

Community Sector Banking

Category

Banking

Type

Banking

Target

Retail

Certified Since

2013

Certification Symbol

SRI

Asset Classes

Cash

Markets

Australia

Investment Approaches

Impact investing, Other (please detail)

It Includes:

  • Riaa icons 11 Impact investments
  • Riaa icons 15 Social and sustainable infrastructure

It has some level of screening for:

  • Default selected exclusion No exclusions

Overview

The Social Investment Deposit Account is a product giving back to communities and empowering customers to create social change. Community Sector Banking donates a percentage of its net profits from these accounts, and account holders are invited to also donate the interest that they earn, towards social projects and community organisations through our Social Investment Grants Program.


Description


The Social Investment Deposit Account is aimed at community-minded individuals and organisations looking for an account that contributes to social change.  

Community Sector Banking donates a percentage of net profits from these accounts, and account holders can choose to donate up to 100% of the interest they earn, towards social projects and community organisations through our Social Investment Grants Program.

This account is not only convenient and safe - it's also making a difference to social projects and community organisations every year. The grants program has been running since 2014 with not-for-profits working in disability, financial inclusion, homelessness and domestic abuse sectors receiving support.