Better Banking Blog
Press Release

Beneficial State Bank executive leader Richard Harvey recognized among '2024 Most Influential Lawyers' by Savoy Magazine

Jul 31, 2024

Richard Harvey

Harvey’s inclusion in this year’s list honors his decades of experience and visionary leadership in the financial sector.

OAKLAND, Calif., July 26, 2024–Beneficial State Bank is pleased to announce that Executive Vice President, General Counsel & Director of Compliance Risk, Richard H. Harvey, Jr., has been named one of Savoy Magazine’s "2024 Most Influential Lawyers." This list celebrates the "best of the best" among lawyers, including partners at leading national law firms and top legal professionals at Fortune 1000 corporations.

"We are thrilled to see Richard receive this recognition," said Randell Leach, CEO of Beneficial State Bank. "We are thankful for his contributions to the Bank and the industry.”

Richard H. Harvey, Jr. has built a distinguished career in legal and compliance roles across various financial institutions, contributing to the development and implementation of risk-based compliance programs. Since joining Beneficial State Bank, he has been part of vital compliance initiatives and maintaining strong legal oversight. Richard also shares his wealth of knowledge as a faculty member for the American Bankers Association School of Compliance Risk Management and through frequent speaking engagements on critical compliance topics.

"It’s an honor to be recognized among distinguished colleagues and peers, and to see in this list the collective power of diverse representation in the legal sector," said Harvey. "I am grateful for the support from my team at Beneficial State Bank that enables me to contribute to our collective success and uphold our commitment to ethical and inclusive banking practices."

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About Beneficial State Bank

Beneficial State Bank (Beneficial State) is a state-chartered, federally insured bank with branches in California, Oregon, and Washington. Beneficial State serves the triple bottom line of people, planet, and prosperity for all, which involves serving its communities, supporting positive environmental outcomes, and achieving long-term financial sustainability. A unique ownership structure supports these strategic priorities: the bank’s capital is majority-owned by the nonprofit Beneficial State Foundation. This means its economic rights are fully aligned with, and permanently governed in, the public interest.

Beneficial State Bank is a founding signatory of the UN’s Principles for Responsible Banking, a member of the Global Alliance for Banking on Values, a Community Development Financial Institution (CDFI), Fossil Free Certified, and one of the world’s top-rated Certified B Corporations.


Media Contact:
EMC Communications
BSBPress@EMCCommunications.com
(650) 455-9928

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