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. The bank’s unique ownership structure supports these strategic priorities. The bank’s capital is majority-owned by the U.S. Treasury and nonprofit Beneficial State Foundation, both of which are 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 member of Bank.Green’s Fossil Free Banking Alliance, a Community Development Financial Institution (CDFI), and one of the world’s top-rated Certified B Corporations, awarded B Corp "Best for the World" status every year since 2013. Member FDIC, Equal Housing Lender.