Have you ever wondered where your money goes when you put it in a bank account? A portion of your money is used to fund loans, but how do you know what kind of opportunities your money is going towards?
At Stearns Bank, we operate on a simple conviction: when you fulfill your greatest ambitions, your community benefits. And when our communities thrive, so do we. With the recent launch of our Impact Accounts, we’re taking that conviction one step further.
When you open an Impact Account, your money supports the greater good. Your funds will support projects across three high-impact sectors: sustainable energy, affordable housing, and nonprofits.
This is Business Unusual. This is Banking for Good.
Most deposits sit in a bank account and, if you’re lucky, earn a little interest. Impact Accounts at Stearns Bank do much more.
When you put your money into a Stearns Bank Impact Account, you’re directly fueling a lending pipeline dedicated to three of the most pressing social impact issues facing communities today:
- Sustainable Energy – your money will finance electric vehicle (EV) infrastructure, solar and battery storage, and other technologies that reduce emissions and the price you pay for the energy that powers your life.
- Affordable Housing – your money will finance projects that develop and preserve housing that keeps families rooted in the communities they call home.
- Nonprofits – your money will provide the capital access that mission-driven organizations need to do their most important work, from feeding families to educating the next generation of entrepreneurs.
It’s a Win/Win
Not only will your money be used to support the greater good, you’ll also be rewarded with competitive rates, helping you grow your cash and fuel your community. Plus, moving your money into a new Impact Account is easy. Simply visit https://apply.stearnsbank.com to get started. You can fund your account with up to $1,000 directly from your new account application or enroll in Online / Mobile Banking to unlock additional options such as mobile deposits, wires, or external transfers from another financial institution.
Ready to Bank for Good?
Apply today: https://apply.stearnsbank.com/
