Company intelligence
Beneficial State Bank
Values-based bank and certified B Corporation committed to #BeneficialBanking. Privacy policy: http://bit.ly/1sd12Vr
About Beneficial State Bank
Beneficial State Bank is an FDIC-insured Community Development Financial Institution (CDFI) that serves businesses, nonprofit organizations, and individuals. Founded in 2007, Beneficial State Bank focuses on economic and environmental sustainability and takes a triple-bottom-line approach to community and environmental banking. We believe that a healthy environment is necessary for economic prosperity. We also believe that we can be a catalyst for positive change in our communities by providing fair, transparent, and sustainable banking products and services. Our vision is of a banking industry that is fair to the person with the least bargaining power; provides access to financial services for all our communities, particularly the traditionally underserved; results in the long-term prosperity of responsible consumers; promotes financial system stability; and contributes to the sustainability of the environmental commons. We call this vision Beneficial Banking.
Verified activity
Signals from Beneficial State Bank
6 published signals
Presence & Recognition
Beneficial State Bank volunteers helped Community Energy Project, Inc. in Portland to repair a roof and restore a property for two retirees living on a fixed income.
Reported by Beneficial State Bank
Capital & Finance
Beneficial State Bank expanded access to fair auto lending in 2025 with $191.5 million in auto loans to low-income borrowers or in low-income communities.
Reported by Beneficial State Bank
Capital & Finance
Beneficial State Bank achieved an estimated average refinance rate reduction of 3.45% in 2025.
Reported by Beneficial State Bank