St. Petersburg’s first FDIC-insured “green” community bank added $167 million in assets one year after openings its doors.
Climate First Bank President and CEO Ken LaRoe, who received a state charter for the bank in summer 2021, said consumer demand for environmentally-focused lending is red hot, but bankers are a different story.
“Banks almost universally have refused to address [anthropogenic climate change],” LaRoe told the Tampa Bay Business Journal.
