Take action with your deposits.

Banking is the original and most powerful form of crowdfunding. When pooled together, our deposits can finance affordable housing, renewable energy, business cooperatives – a new, inclusive economy. Whether you are an individual or an institution, where you put your money matters. Take action to build the world you want to see by placing your deposits in a bank that values people and planet before profit.

Move Your Money Toolkit

Download the Complete Toolkit with Shareable Graphics

Switch your account in four steps:

  1. Choose a community bank that shares your values! Need help finding a bank?
    1. Are you interested in opening an account at Beneficial State? Start here.

  2. Order your new checks and debit card.
  3. Make changes to your direct deposit with your employer, your direct debits if you have automatic payments, and any online bill payments.
  4. Close your former bank account – and make it public! Share why you made the switch on social media and tell your old bank, too.

Find a bank that builds something beautiful with your deposits.

Beneficial State Bank participates in several certification and membership groups comprised of ethical and socially-responsible banks.

Global Alliance for Banking on Values (GABV)

Focus: Social and environmental impact

A network of values-based banks using finance to deliver sustainable economic, social and environmental development. These are independent banks with a focus on retail customers that are committed to delivering a triple-bottom-line.

Community Development Bankers Association (CDBA)

Focus: Local economy, low-income community development

CDBA is the national trade association of the community development bankers. As a voice and champion of the industry, they educate policy makers, regulators, and legislators on the importance of community development banks.

B Corporation

Focus: Social and environmental impact, triple-bottom-line

Certified B Corps are for-profit companies using business as a force for good. They are certified by a nonprofit, B Lab, to meet rigorous standards of social and environmental performance, accountability, and transparency. There are several financial institutions with B Corp certification, including Beneficial State Bank, which ensures they are accountable to their triple-bottom-line of delivering social and environmental impact while being financially sustainable.

National Community Investment Fund (NCIF)

Focus: Local economy, low-income community development, minority-owned banks

NCIF is the largest investor in the mission-oriented banking industry, helping to build opportunity for Community Development Financial Institution banks (CDFI) and Minority Depository Institutions (MDI). Use the BankIMPACT map tool to find the highest-performing mission-oriented financial institutions focused on underserved communities.

Community Development Financial Institutions (CDFI)

Focus: Local economy, low-income community development

CDFIs, like Beneficial State Bank, are financial institutions dedicated to delivering responsible, affordable lending to help low-income people and communities join the economic mainstream. The CDFI Fund, a program of the US Treasury Department, promotes access to capital and local economic growth in under-served communities by administering grant and tax credit programs to certified CDFIs. *Note: The CDFI Fund does not have an easy locator tool at this time, but it’s a good designation to look for when evaluating a financial institution. CDFIs can be loan funds, credit unions, or community banks.

Still can’t find a bank in your area?

Check out Green America’s directory of community development banking institutions.

Contact your local AMIBA Independent Business Alliance for suggestions of engaged local banks.

See a list of CDFIs belonging to advocacy groups: CDFI Coalition and Opportunity Finance Network.

Try Inclusiv. They have a mission of helping low- and moderate- income people and communities achieve financial independence.

Download the Complete Toolkit with Shareable Graphics