A bank with a community first "green" agenda.

So it has been several weeks since I was willing much less able to post a green investment blog entry. The market in general has been so decidedly bad that unless you have been sitting on the sidelines in all cash you have most certainly been hurt by this downward movement.

I feel like I have finally found a company, a bank no less, worth keeping an eye on. Not only for it's stance on green but also as a potential future investment.

ShoreBank is the name, "Let's Change the World" is the motto.

If you click on the motto above it links you to the page on how ShoreBank is helping its customers become more enviromentally sound. This is done mainly through education of customers and providing loans aimed at renovating existing buildings to bring them up to "green speed."

ShoreBank is currently a privately head company operating mainly in the midwest and parts of the northwest. The company shows revenue of 97.1 million for 2007. It will be interesting to keep an eye on them to see if the business model is viable going forward.

(*as a side note I have been telling anyone who asks to move their 401k or other investment dollars into a money market and wait until we see some relief before jumping back into stocks. This bear market is not done with the punishment as we could very easily dip down to the 6000 level on the Dow.)