In a Period of Financial Disruption, Beneficial Banking™ Is Here to Help
Mar 10, 2023 by Randell Leach, CEO
At Beneficial State Bank, your money is purposeful, supporting our communities through our mission-driven lending practice.
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News And Announcements
Beneficial State Bank believes that a better banking system is possible. We tell our story to celebrate our success, share our learnings, and collaborate with others. We cannot do this work alone: our clients, partners, board members, funders, employees, and stakeholders are on this journey with us.
Press Release
New Loan Production Office at Blue Economy Tech Hub AltaSea at the Port of Los Angeles
Jan 12, 2023
Beneficial State Bank is now serving clients at AltaSea to support environmental changemakers and speed up the Blue Economy.
Press Release
Beneficial State Bank Recognized as a ‘Best for the World’ B Corp for its Sustainable Business Practices for the Ninth Year in a Row
Jul 25, 2022
Beneficial State was recognized for being among the top 5% of B Corps in its size group worldwide.
Choose a Bank that Invests in Tomorrow
Beneficial State Bank serves the triple-bottom-line of people, planet, and prosperity for all. That means prioritizing social justice and environmental sustainability. Our clients want to see their money put to good use – funding causes that defend our planet and build resiliency in our communities. Change your bank and help change the world.
Press Release
Beneficial State Bank Reports $762 Million in Mission-Aligned Loans in 2021
Jul 21, 2022
Beneficial State Bank supported people and planet with $762 million in mission-aligned loans in 2021.
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.
Our Impact
Why We’ve Pledged to Stay Fossil Fuel Free
Apr 05, 2022
When the opportunity arose to join the Fossil Free Banking Alliance from bank.green, we knew it was a no-brainer.
Press Release
Beneficial State Bank Appoints Surjit Chana to its Board of Directors
Jan 31, 2022
Surjit Chana brings strong technology, digital transformation, and marketing leadership.
Press Release
Real Leaders Ranks Beneficial State Bank No. 2 in Financial Services Category as a Top Impact Company
Jan 26, 2022
The Real Leaders Impact Awards recognizes mission-driven businesses, highlighting companies that help build a better world.
Press Release
The U.S. Treasury Has Allocated $180 Million to be Invested in Beneficial State Bancorp to Scale the Bank’s Services to Marginalized Communities
Dec 21, 2021
"This is the beginning of our next chapter of leveraging banking as a force for good."