Chief Executive Officer at Beneficial State Bank. Banking with Purpose: People, Planet, & Prosperity.
Thanks to American Banker for giving me the opportunity to respond more fully to the recent op-ed calling unions “a threat to the banking industry.” Our experience at Beneficial State Bank shows the opposite: worker empowerment is an opportunity not just to improve our business, but to rebuild trust, integrity, and responsibility within a banking sector that sorely needs it. As I wrote in this op-ed: I believe that the banking sector has the potential to be a powerful agent of positive change, despite a checkered history of redlining, poor risk management, and climate complicity. That change starts at home, by recognizing that our greatest asset is our people, and their empowerment is key to our success. What kind of industry do we want to be? One that leaves its own workers behind or one that prioritizes people just as much as profit? To me, the answer is clear — and I hope my peers in the banking sector will agree that this trend of worker organizing is not a threat, but an opportunity for change that can benefit all of us. https://lnkd.in/g_kcj9BY
