Urgent Evoke

A crash course in changing the world.

A new type of bank built on sustainability: Unified Field Bank


I am going to cut and paste directly from their website as they are exceptionally thoughtful about thrivable issues in development:

As the fundamental recalibration of our global economy continues, there is an urgent need to develop, example and mainstream an utterly new structure for the essential relationship between banks and their communities.

The Unified Field Bank, through an innovative application of financial capabilities developed within the banking industry over the last hundred years, is being created to partner with communities in solving the most crucial financial, social and environmental issues of our time.

We work with communities and businesses to build the 9 Components of Sustainability for a healthy and prosperous local infrastructure:

• Organic Local Food Systems
• Renewable Energy
• Affordable, Green Built Housing
• Water Quality and Availability
• Resource Recovery (Zero Waste)
• Transportation
• Communication
• Education and the Arts
• Wellness


We have added exciting innovations integral and unique
to our Community Partnership Banking model:

• Transparent Operations
• Sharing Investment Returns With Depositors

• Sharing Loan Risk with Borrowers
• Capitalizing Projects in the 9 Areas of Sustainability
• Friendly to Sustainable Agricultural Businesses
• Providing Community Education and Business Support
• Engaging Communities through our Accelerated Media Platform


This is a groundshifting paradigm for banking to be thinking about all bottom lines at once. What do you think of this model?

Views: 33

Comment by Julio Cesar Corona Ortega on April 11, 2010 at 11:03am
Wow... never thought any banking institution would even consider this, much less actively work to achieve it. Does go a bit against the grain, doesn't it?

Personally, I think it sounds too Utopian to hold in a time where the status quo is is waging a media war against anything that even remotely opposes it. That said, I do want see them not only succeed, but become an example for all the big names that recently lost much of their credibility and public support.

I am seriously considering stealing this for my LEARN5 mission.
Comment by Turil Cronburg on April 21, 2010 at 12:27pm
Nice! These elements they include do a pretty good job at covering the basic needs that humans have for healthy growth and development. I'm hoping over the long term communities themselves will do something like this directly, without any third party involvement. With tax money and other voluntarily pooled resources going to the projects that are seen as adding to the health of the community (and world), given freely (rather than as a loan) as a more open, democratic, version of government spending.


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