Beneficial State Bank

Beneficial State Bank, is an FDIC-insured Community Development Financial Institution (CDFI) that serves businesses, nonprofit organizations, and individuals.

Beneficial State Bank opened in 2007 under a unique ownership model and has 7 branches throughout California, Oregon, and Washington, including access to over 70,000 surcharge-free ATMs. We offer checking, savings, loans, credit cards, online and mobile banking, and everything else you’d expect from a bank—but we exist to serve your prosperity and goals, not to profit from them.

Beneficial State Bank is invested in transforming the banking industry from within. We lead by example, collaborate with and invest in, change-makers and build sustainable prosperity in our communities. Our goal is to allocate at least 75% of our lending to mission-aligned ventures. Many of our lending clients are nonprofits, B corporations, women and minority-owned small businesses. When you place your deposits at Beneficial State Bank, you are supporting social, economic, and environmental prosperity in your community. We offer personal and business banking solutions, including digital and video banking, to our communities in California, Oregon, and Washington.

Beneficial State is a B Corp and a triple-bottom-line bank. This means that rather than serving the single bottom line of profit, as do most traditional businesses, we equally prioritize the three goals of serving our communities, supporting positive environmental outcomes, and achieving long-term financial sustainability.

We design our products and services to optimize social and environmental impact, and our commitments include no predatory lending, no investments (meaning lending) to the fossil fuel, private prison, or weapons manufacturing industries. Instead of working to maximize shareholder profits, we work to further social justice and equity, invest in environmental sustainability and regeneration, and strive to extend prosperity to all members of our communities.

We focus on the holistic health of our team members and promote work-life balance.

We operate with purpose and strive toward a lofty goal: building an economy that restores our planet and extends prosperity to everyone.

Help us work toward a world where we bank with purpose.

We practice Beneficial Banking™, ​in harmony with nature, ​to help more people and help people more. ​

An economy that restores our planet ​and extends prosperity to all.​

You are welcome here at Beneficial State Bank. We are an equal opportunity employer and all qualified applicants will receive consideration for employment, regardless of race, color, religion, sex, sexual orientation, national origin, gender identity, disability, or veteran status.