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1792 Exchange

Posted on 2/27/23 at 2:22 pm
Posted by bizeagle
Member since May 2020
1274 posts
Posted on 2/27/23 at 2:22 pm
Does anyone else pay attention to the 1792 Exchange when choosing a place to do business, bank, etc.?
LINK 1792 Exchange
This spotlight report rates business by their level of commitment to ESG and Woke-ism. So, I find I should dump Wells Fargo, PNC, and Goldman Sachs. I was trying to find the banks I should switch from/to in Georgia. I was looking at Truist but the Truist woke rating stinks too. Fortunately, 2 of the banks I currently work with do not have the evil red rating.

Green is good, red is bad, yellow is in the middle.
Posted by rhar61
Member since Nov 2022
5109 posts
Posted on 2/27/23 at 2:24 pm to
My first thought was "What event happened in 1792 that current black racialists are whining about now?"
Posted by Y.A. Tittle
Member since Sep 2003
110537 posts
Posted on 2/27/23 at 2:28 pm to
Never heard of it, but appreciate the heads up and link.
Posted by Bulldogblitz
In my house
Member since Dec 2018
28160 posts
Posted on 2/27/23 at 2:31 pm to
Folks in Texas better get HEB back in the green.
Posted by Rebel
Graceland
Member since Jan 2005
143045 posts
Posted on 2/27/23 at 2:33 pm to
i've never understood why national banks would refuse to do business over politics.

Posted by cwill
Member since Jan 2005
54755 posts
Posted on 2/27/23 at 2:43 pm to
I just look for where I can make the most money.
Posted by bizeagle
Member since May 2020
1274 posts
Posted on 2/27/23 at 2:49 pm to
quote:

I just look for where I can make the most money.
That's what I was thinking until I found I could do business with partners who have similar values as me and make just as much money. That is a big win, IMO
Posted by Y.A. Tittle
Member since Sep 2003
110537 posts
Posted on 2/27/23 at 2:54 pm to
quote:

That's what I was thinking until I found I could do business with partners who have similar values as me and make just as much money. That is a big win, IMO


There's that and there's the idea that if a business is directing greater focus to things like their "level of commitment to ESG and Woke-ism" they likely aren't focused on providing me the best value for whatever product they are offering me.
Posted by LSU4Life2021
Member since Dec 2021
967 posts
Posted on 2/27/23 at 3:00 pm to
There are some banks and financial services which are no way possible low to middle risk.
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