The Climate Safe Lending Network in partnership with the Finance Innovation Lab are pleased to announce that applications for the Climate Safe Lending Fellowship are now open. The Climate Safe Lending Fellowship is a six-month leadership program for banking professionals who are advancing the climate agenda within their institutions. Right now, banks are faced with the enormous opportunity and urgent challenge of financing a just transition to a net-zero carbon future. This requires leadership from within to transform strategy, operations and culture in service of a climate safe world. The Climate Safe Lending Fellowship provides structured support for climate advocates inside banks to build their knowledge, confidence and skills to lead this transformation. The Fellowship program is for banking professionals committed to embedding climate action at the heart of their institutions - regardless of role, function or seniority - and whether working to accelerate climate action through their day job or side-of-desk. Selected Fellows will journey together in a pre-competitive, collaborative cohort between October 2021 - March 2022. They will leave the program more confident and grounded, and will have gained new insights and practical tools to accelerate organizational transformation. Fellows will also benefit from peer-coaching and tailored support, and will build a trusted network of stakeholders across and beyond banking.
Someday soon, if not today, you may be able to find a banking platform that's designed specifically for you and those like you. A growing number of banks and fintechs are using digital banking platforms to meet the unique challenges and needs of individual communities. There are banks and fintechs that offer banking platforms for Black Americans, the LGBTQ+ community, disabled Americans, doctors, freelancers—the list goes on. Some of these institutions are newcomers on the scene. Others have been around for decades but are now able to leverage digital technology to help their communities and drive real financial change. “That’s what’s important about digital banking,” says Kevin Cohee, chairman and chief executive officer of OneUnited Bank. “Yes, it offers all of these very important benefits to consumers to make their lives easier and to make them better stewards of their money—it certainly does that—but the big deal is this changing our overall society,” he says.
Sunrise Banks is proud to introduce the NextGen Banker podcast, which will launch its first episode on Monday, June 14. Hosted by Sunrise CEO David Reiling, NextGen Banker focuses on the future of finance in a world that's increasingly tech- and values-driven. Reiling will talk with the changemakers leading the way to a more equitable, environmentally conscious and transparent banking future. The show will be hosted by Provoke FM, which is also home to the Breaking Banks podcast, and will air twice a month. Find NextGen Banker on Spotify, Apple Podcasts and everywhere else you get your podcasts.
Darrin Williams, CEO of Southern Bancorp Inc. in Little Rock, Ark., has been appointed to the board of directors of the Little Rock Branch of the Federal Reserve Bank of St. Louis. Williams will fill the unexpired portion of a three-year term ending Dec. 31, 2023. Members of the St. Louis Fed's board of directors and those of its branch boards in Little Rock, Ark., Louisville, Ky., and Memphis, Tenn., are familiar with the economic and credit conditions of their respective regions. Their observations—along with the economic data and information gathered and analyzed by St. Louis Fed staff—help ensure that conditions of Main Street America are represented in Federal Open Market Committee deliberations in Washington, D.C.
OneUnited Bank, the largest Black-owned bank and first and only Black-owned digital bank in the country, is proud to announce its OneTransaction Conference. The free state-of the art virtual financial conference is focused on closing the racial wealth gap and will be held on June 19, 2021 or Juneteenth, a holiday celebrating the emancipation of those who had been enslaved in the United States. Over 20,000 have already registered for the conference. The #OneTransaction Campaign encourages Black families to select One Transaction to accomplish in 2021 and provides action steps to accomplish that transaction. “The reality is the racial wealth gap for each family can be closed by one strategic transaction,” says Kevin Cohee, Chairman & CEO of OneUnited Bank. “By encouraging our community to accomplish One Transaction in 2021, we can make financial literacy a core value of the Black community and create generational wealth.”