Five Star Bank
Last Rated in May 2025
Your bank falls short in climate responsibility.
Five Star Bank has not been transparent about its lending activities, so we cannot rule out that it finances the fossil fuel industry. It has no exclusion policies in place and it has not measured greenhouse emissions or set targets.
Page 17 of the Sustainability Report suggested that the bank's emission reduction efforts are focused on waste reduction, recycling, and responsible disposal program. These are very low leverage interventions as compared to reducing the impact of the bank's financed emissions (emissions enabled by its lending).
If they engage in energy financing, they are likely to lend far more to fossil fuels than renewable sources. They may have limited or no effective policies to improve their climate impact and may lack meaningful targets for reducing the emissions they are responsible for.
While they might show some engagement in sustainable practices or offer certain green lending products, these efforts are insufficiently developed or prominently displayed to make a significant impact.
Your bank may be ignoring the Paris Agreement.
The Paris Agreement set the goal to stay under 1.5°C of warming for very good reasons. According to the Intergovernmental Panel on Climate Change, an increase of just a couple of degrees more could lead to "substantial species extinction, large risks to global and regional food security", and an inability to work outside — or even live — in some areas of the world. Our world will become unrecognizable as ocean dead zones, floods, and extreme weather fuel social and economic disruption.
Start to Bank Green Today
Banks live and die on their reputations. Mass movements of money to fossil-free competitors puts those reputations at grave risk. By moving your money to a sustainable financial institution, you will:
Send a message to your bank that it must defund fossil fuels
Join a fast-growing movement of consumers standing up for their future
Take a critical climate action with profound effects