| Resolution Number: | 1985-D059 | |
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| Title: | Recommend That Church Institutions Deposit Funds in Minority Owned Banks | |
| Legislative Action Taken: | Concurred As Amended | |
| Final Text: | ||
Resolved, That the Treasurer of the Church be commended for his efforts to maintain deposits in minority banks, Federally insured savings and loan associations, and credit unions and that this practice be, and it hereby is, commended to all of the Church's dioceses, parishes, missions, and Episcopal institutions and agencies; and be it further
Resolved, That the Episcopal Church Pension Fund be requested to consider seriously, within the limits of its fiduciary duties, the continuation of the practice of depositing funds in minority banks, Federally insured savings and loan associations, and credit unions; and be it further
Resolved, That the Executive Council's Committee on Social Responsibility in Investments be requested to develop a clearing house of information pertaining to socially responsible investing.
| Citation: | General Convention, Journal of the General Convention of...The Episcopal Church, Anaheim, 1985 (New York: General Convention, 1986), p. 161. |
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