What to ask if you're looking for a socially conscious bank

Have you ever thought about who your bank does business with using your money in checking or savings as loans to those businesses? PennyWise Podcast host Teri Barr is talking with Chanelle Bessette, a banking expert with NerdWallet, to learn why more Americans want to deal with banks considered socially conscious. Bessette explains what it means, and how you can find out if your bank is using your money to make loans to businesses that matter to you. She'll also share details to find a socially conscious bank that matches what you care about as a customer and community member. Learn more about what to ask if you want a socially conscious bank at the brand new hub from NerdWallet here: https://www.nerdwallet.com/l/ethical-finance More from Chanelle Bessette on PennyWise: 4 things to consider before changing banks 4 rules for starting your own savings circle Four of five Americans are choosing to reallocate their savings The latest from Chanelle Bessette at NerdWallet: Andrews Federal Credit Union Review: Checking, Savings and CDs Overdraft Protection: What It Is and Different Types Ask a Nerd: Will Interest Rates Continue to Rise? Support the show: https://omny.fm/shows/pennywiseSee omnystudio.com/listener for privacy information.