Banks

The Best Green Banks in 2023

What's your money up to when it's not in your pocket? Learn about climate-friendly banks and compare the best banks of 2023: fees, minimums, climate impact, and more.

Savings Accounts

✅ Savings account that earns 1.2% monthly savings rate

✅ Increase to 2.4% savings rate per month by making monthly recurring donations to at least one listed climate nonprofit organization

✅ Deposits fund climate-positive initiatives like renewable energy, regenerative agriculture, and electric transportation

✅ Deposits will never support fossil fuel extraction, fast fashion, clean energy projects that displace marginalized communities, and other related industries

Last updated: 02/03/23

Checking Accounts

✅ Earn up to 5% cash back when using your debit card on purchases at climate-positive companies

✅ Deposits fund climate-positive initiatives, like renewable energy, regenerative agriculture, and electric transportation

✅ Deposits will never support fossil fuel extraction, fast fashion, clean energy projects that displace marginalized communities, and other related industries

Last updated: 02/03/23

✅ Earn up to 3.56% interest when you put cash in one of these accounts (see conditions on site)

✅ Your funds are used to provide loans to other credit union members installing renewable energy projects or purchasing electric vehicles

✅ This account is online only, but has no monthly maintenance fees. Access to ATM withdrawals at over 32,000 locations.

Last updated: 02/03/23

✅ For around every $100 dollars deposited, Beneficial State Bank will loan around $12 to environmentally sustainable projects.

✅ None of your deposits will be used to fund fossil fuels or coal. Your deposits may be used to fund affordable housing or other mission-based projects that are unrelated to environmental causes.

✅ This online account has no monthly service charges but requires a $50 deposit to open.

Last updated: 02/03/23

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Disclaimer:  GreenPortfolio aims to keep all information on the site current and accurate. However, you may find differences between information listed here and information listed on a financial product provider’s website. Opinions expressed here are not those of any bank, credit card issuer or financial institution, and have not been reviewed, approved, or otherwise endorsed by any of these entities. Please complete your own due diligence before making any financial decisions.

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