You answered “yes,” you have a checking or savings account. You could become a community investor today! It is easy to shift some or all of your checking and savings accounts to a community development bank or credit union. These institutions offer several insured products with competitive returns - plus, you’ll know that your money is being used to build communities. Checking and savings accounts at many community development banks and credit unions can accept direct deposits from your employer and often charge no fees for transactions at ATMs outside their own network. Check with the bank or credit union you are considering. The Social Investment Forum Foundation and Co-op America encourage you to invest at least 1% of your assets in communities. Checking and savings accounts are an easy way to reach that goal. Take a look at our resources section for a listing of community development credit unions and banks, plus contact information. Also, you can get our community investing guide, which can provide you with more information.

2. Do you have, or were you thinking of opening, a CD, money market account or IRA? Yes | No