The Work Index by Flexa

Walden Mutual

Walden Mutual is a sustainable online bank that focuses on lending to food businesses and other organizations that are working to create a healthier and more sustainable food system.

https://www.waldenmutual.com/
5.5

/10

Transparency ranking

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Description

Walden Mutual is a sustainable online bank with a mission to enable positive and lasting change in the local food ecosystem. They specialize in providing financial services for individuals and businesses in New England and New York, with a focus on supporting farmers, food producers, and other sustainable businesses. They offer a range of banking products and services, including Grow Local high-yield cash accounts, Local Impact CDs, and loans specifically designed for the food industry.

Walden Mutual stands apart from traditional banks with their cooperative structure, known as a mutual. This means they are governed by their community and focused on long-term impact rather than Wall Street profits. Their commitment to sustainability is evident in their lending practices, which prioritize environmentally and socially responsible businesses, and in their transparent fee structure.

Flexibility

Walden Mutual offers a variety of work arrangements including remote, hybrid, and in-person options for many of its job postings. While most of the advertised roles are located in Concord, NH, Walden Mutual emphasizes the option for remote work and hybrid schedules. This flexibility allows employees to choose a work environment that best suits their needs and preferences.

Hybrid

Benefits

Walden Mutual offers a comprehensive benefits package designed to support employee well-being. This includes a competitive salary, health insurance with dental and vision coverage, a 401(k) plan with an employer match, generous paid time off, and a variety of other perks. They also provide opportunities for professional development and growth within the company.

Mission

Walden Mutual is a sustainable online bank that seeks to drive positive change in the local food ecosystem. As a certified B Corp and cooperatively governed mutual bank, Walden Mutual prioritizes transparency and community engagement. Their mission is to enable individuals and businesses to align their finances with their values by offering competitive interest rates, transparent fees, and unique partner perks while supporting the growth of farms, food businesses, and other sustainable organizations.

Disruptor
Environmental impact driven
Improving quality of life/health
Social impact led
Sustainability

Culture

Walden Mutual cultivates a culture focused on sustainability and community. The company prioritizes environmental and social responsibility, evident in its mission to support local food systems and its commitment to ethical banking practices. They actively encourage their employees to align their personal values with the company's mission, fostering a sense of purpose and shared commitment to making a positive impact.

Collaborative
Engaging
People-first
Progressive
Supportive
Transparent

DE&I

Walden Mutual is committed to building a diverse and inclusive team that reflects the communities they serve. They believe that a diverse workforce leads to better decision-making, innovation, and customer service. They are actively working to attract and retain a diverse workforce and create a welcoming and equitable work environment for all employees. They are also actively engaging with diverse communities and supporting organizations that promote diversity, equity, and inclusion.

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