Gay banking
We’ve compiled a list of 10 banks that support the LGBTQ+ community days a year—not just during Pride month. U.S. Bank, Bank of America, TD Bank, Climate First Bank and. Our mission is simple — eradicate systemic LGBTQ discrimination by offering you financial products & services free of discrimination and intolerance to accelerate your social & economic equality.
We're just coming out. Maybe you can relate? A strong, change-making financial leader to benefit LGBTQ individuals and our entire community. Research finds LGBTQ+ folks often experience bias or discrimination regarding financial services. To see if a bank is LGBTQ-friendly, check for LGBTQ-friendly policies and services. You can also. Here are 8 financial institutions best supporting the LGBTQ community.
Ready to shop for life insurance? 1. MassMutual.
trans friendly banks
Few companies have put themselves out there as supporters of the LGBTQ community and taken such interest in our financial security as MassMutual. MassMutual offers life insurance, retirement, and investment services. Element has a rainbow of banking options to help our 2SLGBTQIA+ community live better financial lives. We create custom 2SLGBTQIA+ Banking solutions just for you! If coming out was easier than dealing with your bank, it’s time to make the switch to Element.
Use your chosen name and your pronouns. A pivotal moment in my journey occurred at Microsoft in the early s when a colleague made a vile and shocking gay slur to someone else in the room, not realising that I was gay myself. This incident shocked me so much, it empowered me to embrace my true identity and come out, despite open hostility to LGBT people at the time. Yet openly LGBT executives like me are still a very rare sight in business.
Whilst diversity is often championed, visibility and representation of LGBT people in particular remains disproportionately low, pointing to a glaring gap in corporate inclusivity. It is a sobering statistic emphasising how much work still needs to be done. Today, I am proud to be the first and only openly gay person to found and run a bank in the UK or Europe.
Being gay has been one of the greatest blessings in my life, driving me to be transparent and vocal about issues that matter and are now an essential part of my identity. However, it is disheartening to see the continuous oversight of LGBT diversity. Whilst other strands of diversity are crucial, they should not overshadow or replace LGBT inclusion, especially with LGBT hate crime on the rise for the first time in a generation.
The challenges within and beyond the City are significant. Bias has been a persistent force throughout history, and its impact is being embedded into new technologies. We must strive for AI that fosters inclusivity, not marginalisation. The fight for LGBT rights remains critical, as these rights are being eroded in subtle and significant ways digitally and legislatively. Authentic inclusion means being true to oneself and having workplaces, and opportunities in those workplaces, that embrace our differences.
Boards, hiring managers and recruiters must prioritise potential over past limitations, embedding diversity at every organisational level. When employees can bring their authentic selves to work, they can fully focus on their work performance free from fear. Surely every employer wants per cent of their employee to be present and not just a token percentage of what that employee is comfortable bringing to their place of work?
Although some companies are making strides to improve AI and support LGBT rights and inclusive workplaces, real change will happen when these principles are woven into the daily operations of all businesses, not just highlighted during Pride Month. The emphasis on diversity should include all facets equally, recognising that each brings unique strengths and perspectives.
It is time for corporations to recognise that true diversity includes sexual orientation and gender identity. Authentic inclusion is not a zero-sum game; it enriches the entire organisational fabric and drives innovation and growth. Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.
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