| SUMMARY
Location: Ilwaco, WA
Industry: Banking, Investments, Services
Background: Spencer Beebe created the first commercial bank in the United States with a commitment to environmentally sustainable community development. ShoreBank Pacific profitably assists businesses, and through them, their communities, to be sustainable in economic, social and environmental practices.
Motivation: Kathlyeen Sayce, the bank’s Science Officer, needed a framework that could be used to measure projects to the firm’s mission.
Successes:
- Training of all loan officers to use the framework to judge potential loan projects and challenge customers to improve their score
- Improved relationships with loan customers, growing international reputation
Challenges: Devising innovative ways to assess the social and community component of loans
Contact Info: Eco-Bank
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