Chosen by SustainLINK for Launch of New Online Service
BOSTON, Sept. 15 /PRNewswire-FirstCall/ --
Wainwright Bank & Trust Company (NASDAQ:WAIN) has been selected as one of the first eco-intelligent banks by SustainLINK, a free online service profiling only the most environmentally conscious and socially responsible financial institutions in the country.
SustainLINK yesterday launched the site, http://www.sustainlink.net/, which initially includes profiles of a select group of financial institutions including Green Bank of Houston and Devon Bank of Chicago.
"By knowing which banks are most responsive to our priorities regarding issues like climate change and societal stewardship, we anticipate bank depositors -- whether consumers, businesses or nonprofits -- will seek out eco-intelligent banks to align their money with their values," said Dan Parker, SustainLINK's Chief Strategy Officer. He added, "Never before has this type of analysis been available. We thought it was important to offer a service to differentiate banks that are genuine leaders in this area."
"As a pioneer in corporate social responsibility and environmental sustainability we are honored to be chosen by SustainLINK as one of the first eco-intelligent banks in the country," said Steven F. Young, Senior Vice President, Wainwright Bank.
About
Founded in 1987 and headquartered in Boston, Wainwright Bank is a leading socially progressive bank with assets of over $1 billion and 12 branches throughout Greater Boston. Over 50% of the bank's commercial lending portfolio is dedicated to community development initiatives including affordable housing, homeless shelters, HIV/AIDS services, community health centers, and environmental issues to name a few. Wainwright's commitment to social justice has been widely recognized including being named one of the Top 20 Sustainable Stocks in the world by SustainableBusiness.com and one of the Top 10 Best "Green" Banking Firms by the Social Investment Forum.
SustainLINK is an independent service provider of sustainability scorecards that measures organizational efficiency. SustainLINK helps businesses improve performance, enhance value and increase profitability in the areas of policy, energy efficiency, technology, strategic initiatives, and stewardship. The free SustainLINK profiles inform depositors about which banks are eco-intelligent and why.
Steven F. Young Telephone (617) 478-4000
Senior Vice President Fax (617) 439-4854
Wainwright Bank & Trust Company E-mail
(NASDAQ symbol "WAIN") Website http://www.wainwrightbank.com/
DATASOURCE: Wainwright Bank & Trust Company
CONTACT: Steven F. Young, Senior Vice President of Wainwright Bank &
Trust Company, +1-617-478-4000, fax, +1-617-439-4854,
Web Site: http://www.wainwrightbank.com/