Another slant on social lending.  David Reiling at University Bank of Minnesota has created an account option that permits depositors to designate their account balances toward funding of community and social housing locally.

Hat tip to David for this one. 

Here’s how it works: Open any depository account at University Bank and designate your account balances to the URF. It’s as simple as checking a box on our account agreement form. Your account balances in the URF will be used to support: * affordable housing * small businesses * non-profit organizations * community services

Source: Community Impact – Urban Revitalization Fund (URF) – University Bank