Rising Bank

Rising Bank is a financial institution specializing in high-yield savings accounts and certificates of deposit (CDs). It offers competitive interest rates and a digital-first banking experience aimed at helping customers maximize their savings.

CCI Score

27.04

-0.02% April 18

Latest Event

Unionization Movement in Banking and Finance

The article highlights a growing trend towards unionization in the banking and finance sector, noting multiple unionization efforts among major institutions like Wells Fargo and credit unions. This shift represents increased labor empowerment in an industry that has long been resistant to union influence, thereby challenging practices that support authoritarian and top-down management styles.

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DISSENTER

Rising Bank is currently rated as a Dissenter.

+25 to +44 CCI Score

These companies are vocal in their opposition to authoritarian regimes. They publicly criticize oppressive policies and engage in advocacy efforts to promote accountability and transparency, even if their actions aren’t as extensive as those of Moral Leaders.

Latest Events

MAR

11

2024

Unionization Movement in Banking and Finance
71.64

The article highlights a growing trend towards unionization in the banking and finance sector, noting multiple unionization efforts among major institutions like Wells Fargo and credit unions. This shift represents increased labor empowerment in an industry that has long been resistant to union influence, thereby challenging practices that support authoritarian and top-down management styles.
+80

Labor Relations and Human Rights Practices

March 24

The article discusses significant unionization efforts within the banking sector, which signals a positive shift in labor relations. Increased union presence typically correlates with stronger worker rights and reduced potential for exploitative practices, thereby mitigating complicity in authoritarian business behaviors. Although Rising Bank is not explicitly mentioned, as part of the industry, it is subject to the same trends and expectations for improved labor practices.

The Rise of Unions in Banking and Finance
JAN

01

2024

Allegations on Bank's Human Rights Practices in EU Due Diligence Framework
-17.57

A review of discussions in 'Banks and human rights: impacts, allegations and actions' highlights the shortcomings in the banking sector's approach to human rights and inclusive due diligence measures, raising concerns about Rising Bank's ethical responsibilities.
-20

Labor Relations and Human Rights Practices

March 24

The article from We Are Human underscores perceived deficiencies in how banks address human rights challenges, particularly in the context of the EU’s Corporate Sustainability Due Diligence Directive. Although Rising Bank is not explicitly named in the criticisms, its role as a banking institution subject to these obligations implies potential lapses in ethical labor and human rights practices. This rating reflects a concern that Rising Bank may be complicit in broader systemic shortcomings within the financial sector.

Banks and human rights: impacts, allegations and actions