It’s good that you’re being conscientious in whom you give business to. I think it might be hard to find a bank that doesn’t give to some questionable organization, at least a large bank. I think the degree of proximite evil here is very small - indeed, you could put your savings in your credit union and then hear the credit union announce it’s donating $1,000 to Planned Parenthood for this that or the other thing, and you’re back to square one.
At the same time, where you have no control over donations, and where your actions will have no impact, you have no culpability. So if you DO pull your deposits out, make sure someone there knows about it.
One of the concerns I have had more locally is with our company’s support of the United Way, though since we can direct what causes receive our paycheck contributions, that’s less of an issue for me.
A more plausible, though still distant, concern for me is a group called the H.R.C. - the Human Rights Campaign. It’s a gay rights group that’s very invasive, to the point that they publish a scathing report against large companies, push for certain measures so they become “partners” with the HRC, and one of those measures is to push HRC partnership for their vendors and clients. We’ve had rumblings here about the need to embrace it because our clients (including large banks) do, and while I don’t think it’s likely given we’re in the Bible Belt and we have a lot of very conservative evangelicals at my company who would throw a fit if they had to go to sensitivity training for gay rights, it’s a possibility.
Back to your question. I’m personally a fan of credit unions, though, partly because my wife works at one, but also because the rates for loans and savings tend to be better. That’s not always the case, but it’s a good reason to start there.
At the same time, many of my clients are large banks, and given what I know of their inner workings, there’s zero conversation about donations - often it’s an afterthought for a mid-level marketing manager or public relations or community relations person who is given a budget of $2 million annually and told to spread it wide and far so press releases can be sent out frequently saying what a good job they’re doing.
I actually was in charge of receiving requests for donations in a previous role. That company focused on helping locally, so we’d reject a donation to a statewide cause but would be happy to give to the local food pantry, homeless shelter or a struggling school. And, man, it was constant. There was one organization - a general social services cause run by a very vocal AME church - to whom we donated 100 turkey dinners for Thanksgiving. Two weeks later they came at us with “look, we all know you make a lot more money and you take so much out of the community, you really need to be putting more back in”. Talk about ingratitude!
Okay, that’s my Friday tangent. Good luck finding a responsible financial services provider.