In November 2021, VisionBank was classified as a Women Designated Institution (WDI). This designation prompted discussions among VisionBank leaders who decided they no longer wanted to just do work - they wanted to do good - they wanted to contribute to their greater purpose. And thus, the notion of PurposeBank was born.
With PurposeBank, we aim to provide financial education, promote banking services, and be a stable source of funding to entrepreneurs, women owned businesses, low- to moderate-income individuals, and majority minority groups throughout Central Iowa.
We show commitment to our communities by supporting small businesses, hiring locally, engaging in local politics, donating to non-profits, volunteering our time, and doing all the critical things that make our neighborhoods more enjoyable. In addition to these efforts, PurposeBank also donates 10% of its profits back to local organizations working to promote, educate, and increase economic vitality in local individuals and women.
Company Details
- Founded
- 2022
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- http://www.purpose-bank.com
- Keywords
- PurposeBank.
Purposebank Questions
Purposebank's website is http://www.purpose-bank.com
Purposebank's LinkedIn profile is https://www.linkedin.com/company/purposebank
Purposebank's industry is
Financial Services
Purposebank's top competitors are
Tds®,
Federal Home Loan Bank Of Des Moines,
Visionbank,
Women Lead Change,
Freedom Financial Bank,
Strong Towns,
Ncmic,
Ames Regional Economic Alliance,
Federal Home Loan Bank Of Indianapolis (Fhlbi),
Fareway Stores, Inc..
Purposebank's categories are Financial Services
Purposebank's founding year is 2022
