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Funding Update

Beneficial State Bank acorn with the words "Press Release"

Beneficial State Bank Receives $218M Equity Investment from U.S. Treasury to Scale Financial Access in Low-Income and Underserved Communities

Jun 09, 2022

This new capital will enable Beneficial State Bank to grow its lending and other financial services in marginalized communities.

CDFI Rapid Response Fund seal

Beneficial State Bank Receives CDFI Fund Grant to Increase Lending Capacity to Local Communities

Jun 17, 2021

The CDFI Fund’s Rapid Response Program provides $1.25 billion to almost 900 community development financial institutions (CDFIs).

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Affordable Housing

Affordable Housing

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Economic, Business, and Job Development

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