this post was submitted on 15 Jul 2025
54 points (93.5% liked)

Asklemmy

49449 readers
401 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 6 years ago
MODERATORS
 

cross-posted from: https://lemmy.ml/post/33213155

I don't own much: My savings are around 50K$, money that now sits in the bank doing nothing.

I've been reading about what ETFs to invest into, but even those classified as climate friendly and social responsible include firms such as tesla, facebook, coca cola... not even close to being ethical.

Is there something akin to Michael Burry levels of ethical investment?

you are viewing a single comment's thread
view the rest of the comments
[–] muusemuuse@sh.itjust.works 3 points 1 day ago (1 children)

Credit unions don’t have shareholders. They face totally different pressures.

[–] CanadaPlus@lemmy.sdf.org 1 points 10 hours ago* (last edited 10 hours ago) (1 children)

Their members are their shareholders, and largely demand the same shit. I've been part of one, it's different but still kind of the same.

I do always go credit union or my local state-owned bank, though, because otherwise I'm paranoid they're scamming me somehow.

[–] muusemuuse@sh.itjust.works 1 points 8 hours ago

I finally made the switch to a credit union. I had them for years for my car loans, but never really bothered using them for my primary checking account. After some recent terrible calls to Huntington bank, I decided to just move everything over to my credit union and close the bank account.

So far it’s much better. The rates are better. The customer service is better trained and understands what I’m trying to say (as well as english.) The website and app are far better. There’s also a recession coming and I felt it was better to use a credit union than a bank anyway.

I have been wanting to do this for a while and just never made a priority of it until after my last few calls I had to Huntington and that just signaled it was time to leave.