Capitalism with a Conscience
In this edition of The Slant Podcast, Julieann Thurlow, CEO of the $691 million Reading Cooperative Bank in Massachusetts and vice chair of the American Bankers Association, discusses the bank’s new retail banking apprenticeship. Like many of its peers in the cooperative banking movement, Reading Cooperative is owned by its customers and was founded in 1886 primarily to help working families buy homes. And there are some interesting parallels between that mission and the work it’s doing today in the city of Lawrence. The bank has been on a years-long journey to establish a branch in Lawrence, where it will offer check cashing services as part of a broader appeal to the city’s unbanked.
This episode, and all past episodes of The Slant Podcast, are available on Bank Director, Spotify and Apple Music.