VCC Bank

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VCC Bank Sustainability Actions

Financed community-led projects

As a community development financial institution, we advance high-impact, community-led projects that support small business growth, housing affordability, clean energy innovation, and healthy food access.

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Made solar tax equity investments

In 2022 through 2024, we made commitments for a $7 million investment in SOLCAP 2022-1, LLC, a $7 million investment in SOLCAP 2023-1, LLC, and a $9.1 million investment in SOLCAP 2024-1, LLC. Each of these funds were formed to make solar tax equity investments in renewable solar energy projects and provided us with tax credits and other tax benefits. These projects will produce approximately 31,778,716 kw hours of clean power each year.

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Reviewed environmental lending risk

We work to ensure lending activities do not encourage business activities that could cause irreparable damage to our reputation or the environment. In general, we evaluate each credit or transaction on its individual merits, with larger deals receiving more attention and deeper analysis, including a review of environmental matters related to certain real estate loans, which is overseen by our Credit Risk Oversight Committee.

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Offered sustainable investing

Capital City Wealth offers sustainable investing (SI) strategies that seek to grow capital by employing a globally focused and sustainable investment approach. The SI investing portfolios take a broader approach to evaluating risk and do so over a long-term horizon by evaluating a company’s environmental, social, and governance risks, in addition to traditional financial risks.

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Supported disaster assistance

To prepare for any climate-related occurrences, our business continuity plan addresses how to maintain business operations in response to a disastrous event. We offer disaster assistance to our associates, including accommodation and shelter reimbursement in case of evacuations or sustained power outages.

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What do our labels mean?

Certified B Corporation Logo

Certified B Corporation

About VCC Bank

  • Status
  • Unverified
  • Employees
  • 100 - 500
  • Country
  • United States