MASHINIi

First Seacoast Bancorp, Inc..

FSEA.US | Other monetary intermediation

First Seacoast Bancorp, Inc. is a bank holding company. Through its subsidiary, First Seacoast Bank, the company provides various banking products and services to individuals, families, and businesses. Its deposit products include checking, savings, and money market accounts, as well as certificates...Show More

Ethical Profile

Mixed.

First Seacoast Bancorp receives a mixed ethical rating. The bank earned an 'Outstanding' CRA Exam Report rating for its community development lending and investments, including low-income housing. The company also maintains a detailed whistleblower policy and an anti-bribery code of conduct, consistently filing required reports. Environmentally, its direct impact is low, with a DitchCarbon score of 23, reportedly better than 80% of peers. However, First Seacoast Bancorp does not report carbon emissions data or specific reduction targets. Furthermore, reports suggest insufficient evidence to assess performance in areas like fair pay, economic opportunity, ethical sourcing, and data security, with no available data on regulatory fines or ESG controversies.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity20
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

The company's primary business as a bank holding company, offering deposit and loan products, does not have a direct significant positive or negative impact on health outcomes.

1
There is no evidence of revenue generated from products or activities with established negative health outcomes.
2
The company's products do not have direct safety implications for physical or mental health, nor do they involve health-related products or services requiring accessibility considerations, health innovation investment, or health data management. The company's operations are not directly relevant to health crisis response, mental health outcomes, or preventative health measures. As a bank, it does not hold healthcare-related patents, produce food or nutritional products, engage in health education, or conduct clinical trials.
3
While the company is involved in community development lending and investments in low-income housing,
4
and made $10.5 million in community development loans and $127,000 in donations during the 2021-2023 evaluation period,
5
these activities are not directly tied to health equity programs or serving vulnerable populations with health needs as defined by the rubric.

Fair Money & Economic Opportunity

20

The 2023 Annual Report for First Seacoast Bank explicitly lists an empty array for 'regulatory_actions', indicating no reported regulatory findings, violations, fines, or compliance issues within the document.

1
This suggests a spotless compliance record as per the company's own reporting.

Fair Pay & Worker Respect

0

No specific data points related to fair pay or worker respect KPIs were found in the provided article.

1

Fair Trade & Ethical Sourcing

0

First Seacoast Bancorp, Inc. is a bank holding company and does not procure or trade physical commodities.

1
Therefore, the KPIs related to fair-trade certification and high-risk materials are not applicable.
2
No specific, concrete data points were found in the provided articles for the remaining KPIs related to Fair Trade & Ethical Sourcing, such as audit frequency for suppliers, number of forced or child labor incidents, traceability coverage, remediation speed for ethical violations, ethical clause coverage in supplier contracts, or supplier diversity spend as a percentage of procurement budget.

Honest & Fair Business

-20

The company has a detailed whistleblower policy, updated effective January 1, 2025, which prohibits retaliation against associates who report in good faith.

1
It provides multiple anonymous reporting channels, including a website, toll-free phone numbers for various languages, email, and fax.
2
Reports are investigated, and a confidential log is maintained by the Human Resources Director, with periodic summary reports for the Audit Committee.
3
The company has a Compensation Recoupment Policy, approved in March 2013, which requires reimbursement of incentive compensation from executives if an accounting restatement is prepared due to material noncompliance with financial reporting requirements.
4
No financial restatements have been mentioned in the provided articles. The company's Code of Ethics, updated effective January 1, 2025, explicitly prohibits bribery and kickbacks, referencing the Federal Bank Bribery Law (18 U.S.C. §215), and requires fair dealing.
5
The company engages internal cybersecurity experts and third-party specialists for regular assessments of its infrastructure, software systems, and network architecture.
6
It also maintains a third-party risk management program for external service providers and its supply chain.
7
However, the extent of independent verification of ethical claims is not specified beyond these operational aspects.

Kind to Animals

0

The provided articles contain no data relevant to First Seacoast Bancorp, Inc.'s performance regarding animal welfare. All articles explicitly state that no information is available for cruelty-free certifications, animal testing policies, or any other animal welfare-related topics.

1
As a bank, the company's core business model does not involve activities typically associated with animal welfare KPIs, such as product manufacturing, animal testing, or animal agriculture. Therefore, no specific data points could be extracted to score any of the KPIs against the rubric's quantitative thresholds.

No War, No Weapons

0

No evidence available to assess First Seacoast Bancorp, Inc. on No War, No Weapons.

Planet-Friendly Business

0

The company does not report carbon emissions data for the most recent year, nor specific reduction targets or initiatives.

1
It is not participating in any tracked reduction initiatives.
2
All key environmental metrics are unavailable due to a lack of reported data from the company.
3
No information is provided on regulatory actions, violations, fines, or compliance issues.
4

Respect for Cultures & Communities

0

No evidence available to assess First Seacoast Bancorp, Inc. on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess First Seacoast Bancorp, Inc. on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

The provided articles do not contain any specific, concrete data points or initiatives related to First Seacoast Bancorp, Inc.'s waste management, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, hazardous waste management, product durability, repairability, waste audits, zero waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.

1
The articles primarily focus on carbon footprint or financial performance, explicitly stating a lack of data for zero waste and sustainable product metrics.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.