The Domini Money Market Account (DMMA) helps provide struggling communities with the access to capital that is crucial to expanding economic opportunity.

 

By depositing your money with ShoreBank and ShoreBank Pacific, the DMMA turns your federally insured bank deposits into community development capital. We are proud of the fact that the DMMA is ShoreBank's largest single source of deposits.

 

The architect and model for community development banking here and abroad, ShoreBank has dedicated itself to community-centered economic development for more than a quarter century. It has lent about $600 million to 13,000 families and businesses throughout Chicago, many of whom have never had a bank loan before.

 

ShoreBank uses your DMMA deposits to help:

 

• "Ma and Pa Rehabbers" convert hundreds of buildings into thousands of units of affordable housing
• Small businesses create equity, self-sufficiency, and jobs
• Nonprofits assist lower-income people to complete school, secure decent homes, and find work

 

A portion of DMMA deposits goes to one other bank in the ShoreBank family – ShoreBank Pacific.

 

ShoreBank Pacific is the first regulated financial institution in North America dedicated to both economic revitalization and ecosystem restoration. ShoreBank Pacific works to fulfill its mission of creating a conservation economy in the rainforest of the Pacific Northwest by targeting its lending to local companies that use energy efficiently, work to reduce waste and pollution, and conserve natural resources.

 

About Shorebank Corporation
Shorebank Corporation, which began in 1973 as the $41 million South Shore Bank in Chicago, is now a $1.5 billion bank holding company that has invested over $1.7 billion into its priority communities and in minority-owned companies.

 

Today, Shorebank Corporation's affiliates are revitalizing urban minority neighborhoods in Chicago, Detroit, and Cleveland, assisting rural economic development institutions in Arkansas, Michigan's Upper Peninsula, and the Pacific Northwest, financing new entrepreneurs in Eastern Europe and Russia, and consulting with economic development organizations in Bangladesh, Pakistan, and South Africa.

 

 

The DMMA is subject to certain FDIC insurance limits of $200,000 per depositor. The Domini Social Equity Fund, the Domini Social Bond Fund and the Domini Institutional Social Equity Fund ("The Domini Funds") are not affiliated with any bank and are not insured.

 

DSIL Investment Services LLC, and ShoreBank are not affiliated.

 

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