The Best Banks for Startups – Especially If They Care About the Environment

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A non-biased list of banks that provide the best experiences for startups that want to be environmentally responsible.

If you’re concerned about the environment as well as your business needs, it can be difficult to know where to begin when deciding which option is best. The good news is that we’ve already done the legwork for you. 

In this guide, we have compiled a list of banks that will give you both excellent customer service and an eco-friendly experience. 

Each bank has been rated on their environmental policies as well as any special features they offer startups in terms of financial services. So, have a look at our list of suggestions below and choose wisely!

What makes a bank good for a new startup? 

There are a few key factors that come to mind when considering the best banks for startups. 

The first thing you should examine is how important environmental sustainability is in your financial decisions. 

Every aspect of running a business consumes energy and contributes to climate change to some extent. This means that businesses should ideally strive to continually reduce waste and be more ecologically friendly.

It is also important to take into account the services provided by banks to startups, as these can make or break your experience with them. Banks should ideally make it simple for new businesses to obtain loans and other financial tools at reasonable rates in order to get their businesses off to a successful start. 

There are numerous types of financial institutions, so it is essential to shop around to see what possibilities are available in your area.

Finally, banks should be well-known throughout their communities for providing exceptional customer service. This implies that when you walk through the door the staff working at the bank will acknowledge you, they will work with your schedule, and they will go above and beyond to assist you with anything that comes up. 

When selecting a bank for your startup, keep these three criteria in mind. 

Environmentally-friendly ways that banks give back 

Banks contribute to environmental sustainability efforts in a variety of ways. Banks can either have a direct impact on these initiatives or help in other beneficial ways.

Some corporations choose to give their resources to groups and projects dedicated to environmental preservation. This is ideal for companies that want to be environmentally conscious but don’t have a lot of extra cash to spend.

Other banks choose to host events that are meant to raise awareness for environmental issues. This is another excellent option for businesses who wish to be environmentally responsible but lack the necessary resources or time. Banks can help spread these messages by taking part in these types of initiatives, which contributes to the success of the event.

In addition, some banks choose to provide financing for startup companies that have a positive impact on environmental conditions. This means that many startups can get lower interest rates or easier access to loans if they are working towards helping improve their local community and environment. 

Finally, there are even financial institutions that give out awards to companies who are doing amazing work helping save the environment. This type of recognition is a beautiful way for banks to show their support and it can be very beneficial for startups.

Overall, environmental sustainability has become an integral part of running any business, particularly startups. If you want your business to flourish while also helping to conserve the environment, choosing a bank that cares about both concerns can be a great step in the right direction. 

How is the World Bank Group Supporting Environmental Sustainability? | Independent Evaluation Group

The top five best banks for environmentally responsible startups

If you’re looking for an environmentally-conscious bank, then the following five institutions might be worth checking out. 

Each one of the banks in this list has proven itself to be an excellent choice for startups that wish to help conserve the environment and contribute positively to environmental sustainability efforts

That being said, there are tons of great banks, credit unions, and other financial institutions that are concerned with environmental sustainability and the growth of new businesses

If you want your startup to be environmentally friendly, aim to select an eco-friendly bank that will supply you with all of the tools you need to thrive.

BOK Financial Corporation

BOK Financial Corporation is an excellent bank for startups that wish to be environmentally conscious. 

BOK Financial Corporation operates several branches across eight states under the titles Bank of Oklahoma, Bank of Texas, Bank of Albuquerque, and BOK Financial, making it quite easy to locate one near you. They also have competitive loan interest rates, which is great news for startups in need of funding.

BOK Financial Corporation makes a difference by donating to environmental initiatives. According to their website:

  • As a result of promoting service in their employees’ development plans, more than 315 of their employees serve in leadership positions with more than 420 charity organizations.
  • In 2020, their staff will have spent over 33,000 hours volunteering within their communities.
  • Over the last two decades, the BOKF Foundation has contributed about $95 million to economic growth, education, the United Way, and basic services for their communities’ most vulnerable members.

UMB Bank

UMB Bank is another fantastic bank for green startups! This is another excellent choice if you want your business to be environmentally responsible. Forbes named UMB one of America’s Best Banks for the sixth year in a row in 2015. 

UMB has branches in Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona, and North Texas, and is noted for offering low-interest rates on loans, which can help new businesses get off to a faster start.

In addition to being a great place for business loans, their website states that they have: 

  • A dedication to the community; For more than a century, UMB has been dedicated to the development of the communities it serves. They combine associate volunteerism and corporate charity to develop strong community ties, in addition to delivering financial products tailored to the requirements of their consumers.
  • Provide meaningful purpose: UMB is constantly seeking new ways to improve and support communities, and in order to harness that energy, they focus on four philanthropic pillars: arts, agriculture, financial education, and self-sufficiency.


Rabobank is an excellent alternative for startups that wish to help protect and preserve the environment. 

They have offices in California, Nevada, and Arizona, as well as New York, Massachusetts, and Rhode Island. However, they don’t currently offer small business loans and instead concentrate on commercial financing.

Furthermore, through their sustainability branch, which provides integrated services for the full agricultural value chain, this bank focuses on sustainable farming techniques. 

In 2014, more than 32,000 workers donated over €150 million in volunteer time to various charities around the world, and they were named one of CR Magazine’s “100 Best Corporate Citizens.”

According to Bas Rüter, Global Head of Sustainability: “We believe that achieving a more sustainable world requires an inclusive approach. Not every client arrives at the bank as a perfect model of sustainability. We meet our clients where they currently are, offering them the knowledge, networks, and finance to attain an ever more sustainable business.” 

Banco Popular North America

Banco Popular North America is another bank that focuses on environmentally beneficial activities. This bank operates in the United States, Puerto Rico, and the Virgin Islands, primarily specializing in commercial lending to small businesses and real estate lending. 

According to their website:

“Environmental sustainability is a major business value at Banco Popular North America (BPNA), and it is shared by our employees and the communities we serve. BPNA’s environmental program supports three strategic goals: the protection of water resources, the reduction of waste creation, and the preservation of natural habitats within its working footprint.”

BPNA contributes to the development of a sustainable society by providing financial services and making direct investments in environmental projects; and increasing shareholder value by lowering risk, enhancing our own operations, and boosting business performance.

“We believe that investing in the places we serve is a key part of how we achieve the goal of improving our employees, customers, and community’s well-being.”

PNC Bank 

PNC Bank is a bank that provides loans to small businesses while also attempting to lessen their environmental effect. They have locations in Pennsylvania, New York, Ohio, Virginia, West Virginia, and Florida, with plans to expand to other states in the coming years.

Their website also has a section regarding environmental stewardship, and they are committed to designing sustainable, high-performing buildings and are always looking for methods to improve operating efficiency. 

They contribute to the transition to a low-carbon economy by assisting clients in financing energy-efficient and renewable energy projects.

Travel more, plant a tree and save the environment with Aspiration Zero 

At Aspiration, we think that money can be a positive force in the world. 

That is why we strive to make the world a more sustainable place by giving back with every purchase. Each time you use our Aspiration Zero credit card we will plant a tree to help combat climate change and reduce emissions from deforestation. 

We aim to let individuals live their lives without feeling guilty because they know it is contributing to a brighter future for themselves and those around them. Every dollar counts, whether you’re buying groceries or booking an international ticket. 

Interested in the Aspiration Zero? Apply now to get started today!

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