Archived copies of the article: archive.today ghostarchive.org web.archive.org
By switching to a climate-conscious bank, you could reduce those emissions by about 75 percent, the study found. In fact, if you moved $8,000 dollars—the median balance for US customers—the reduction in your indirect emissions would be twice that of the direct emissions you’d avoid if you switched to a vegetarian diet.
The big one in the US is Amalgamated Bank
This is covered by 31 C.F.R. § 103.121, which requires:
That’s it. They don’t need your IP address and they do not need to track your realtime whereabouts. That may sound baffling because banks often demand much more info than that. The Patriot Act tells banks they can collect more information for KYC purposes. This ensures that customers cannot sue their banks for data over-collection. So when the bank says “we need to know where you work, how much you earn, what your profession is, etc, because ‘Patriot Act’…”. They’re being sneaky and misleading. They do not have to collect all that info, but they can, if they want. And they often want excessive amounts of info because it’s profitable. Since there is no GDPR in the US, banks can misrepresent the purpose of data collection. They can say “we collect that info for KYC/Patriot Act” when they actually just want to feed their market research.
Some banks allow Tor logins thus demonstrating that it’s legally compliant.
In practice, the banks are a lot more picky than that, and reject customers without that additional data or with a lot of cash transactions.