A bank that does not pay executive bonuses
The Charity Bank is a bank that does not pay bonuses to its executives or other staff. It exists to lend money to small and medium-sized social purpose organisations, such as charities, community associations, voluntary organisations and social enterprises, to help them increase their positive socia
The Charity Bank is a bank that does not pay bonuses to its executives or other staff.
It exists to lend money to small and medium-sized social purpose organisations, such as charities, community associations, voluntary organisations and social enterprises, to help them increase their positive social impact.
Charity Bank funds the loans it makes through share capital from social investors and deposits, in the form of savings accounts and ISAs, from ordinary savers – socially-conscious individuals who wish to see their money do good in society.
Since 2002, when it was established, Charity Bank’s innovative approach to lending and its mission to benefit society have enabled it to make loan commitments of over £185 million to more than 1,000 charities and social enterprises.
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