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Case study

SDG Engagement Equity Q1 2024 case study

Wintrust Financial

Insight
16 April 2024 |
Active ESG
Our Q1 case study looks at Chicago-headquartered bank Wintrust Financial and its efforts to support the credit needs of low- and moderate-income neighbourhoods in the Chicago area; in so doing helping to reduce the number of ‘unbanked’ households in the US.
SDG Engagement Equity case study Q1 2024

Fast reading

  • 5% of US households are ‘unbanked’ and approximately three times that figure are underbanked. The unbanked rate varies considerably across the population, with much higher rates among black and Hispanic communities.
  • In Chicago, 25% of black households are unbanked. As a community bank, Wintrust has the ability to meet the credit needs of the low- and moderate-income neighbourhoods in the city and help address long-term inequalities.
  • Wintrust aspires to be one of the best employers in the Chicago area, and it is important to ensure that its workforce is representative of the communities in which it operates as well as to ensure that its employees are provided with a decent income.

For further information on SDG Engagement Equity please click here.

SDG Engagement Equity case study Q1 2024

SDG Engagement Equity case study Q1 2024

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