According to Cnote, it has never been easier to align your investments with your values, whether you’re investing $5.00 or $50 million.
CNote is an organization that works with federally-certified Community Development Financial Institutions (CDFIs) and Low-Income Designated (LID) Credit Unions. I first learned about them through a Values-Centered Investing class that I've been taking this year.
These community-focused enterprises meet strict federal program guidelines, have robust financial performance histories, and have consistently delivered financial resources and increased lending activity in traditionally under-served communities.
As they announce on their website, "We're on a mission to help close the wealth gap in America. We do this by creating competitive and impactful financial products for investors who want to earn more while investing in causes and communities they care about."
With CNote you can earn up to 2.50% on your extra cash with no minimums or fees. See their website at https://www.mycnote.com/products to learn more about their programs and investment options, which range from short term to longer term.
They explain that not only do you get a better return, but you can feel good about your money knowing every dollar you invest helps fund female and minority-led small businesses, affordable housing development, and financially underserved communities across America.
Please note this disclaimer: CNote is not a bank, and investments in CNote are not bank deposits and are not insured by the FDIC. Past performance is not indicative of future results. For more information, please see their latest filing with the SEC, Offering Circular.
If you'd like to learn more about CNote, here are some links that may be helpful:
- Catalog of CNote's impact stories
- CNote's most recent Annual Impact Report
- An overview of CNote's core products and customization capabilities
- Mastercard announcing its expanded partnership with CNote and $20 million commitment to the CNote's Promise Account
- A recent Forbes interview with Catherine Berman, CNote's CEO