 socially responsible investing cranc has developed a set of investment metrics for the community investment index fund a project of the fb heron foundation in conjunction with innovest strategic value advisors the community investment index is a positively screened socially responsible investment fund cranc provides an evaluation of financial institutions based on public data and secondary sources to measure the extent of mortgage small business and community development funding to lowincome rural and minority communities in the united states cranc owns stock in 53 financial institutions our shareholder advocacy includes dialogue and resolutions to address the negative business and social impacts of subprime lending payday lending and refund anticipation loans socially responsible investing sri seeks to link social values with equity investment in publicly traded companies   construction of sri indices cranc works with the fb heron foundation and innovest strategic value advisors to create a section of the community investing index the effort serves as a longterm real world demonstration of the performance of a quantitatively designed sri instrument a copy of our latest analysis is available here pdf    advocacy through ownership cranc owns a portfolio of more than fifty financial stocks we have utilized those positions to support our advocacy we have filed shareholder resolutions with wells fargo cease the funding of payday lending and h r block against refund anticipation loans in january 2008 we used our shares to speak at a first charter shareholder s meeting against the pending merger with fifth third bank we have developed some financial analysis tools for sri investors please contact us for more details   sri groups calvert group kld research and analytics trillium asset management citizens advisers inc christian brothers investment services domini social investments defaultcranclogopng  advocacyresearch  