Albina Community Bank, now a division of Beneficial State Bank, continues its legacy as a cornerstone of Portland's financial landscape. Originally founded as an independent bank in 1995, Albina maintains its commitment to community development and is part of a certified B Corporation and Community Development Financial Institution (CDFI). The Albina brand focuses on fostering economic growth and opportunity in Portland by providing accessible banking services, loans, and financial guidance to individuals, families, and businesses, particularly in historically underserved communities. It prides itself on building lasting relationships and contributing to a vibrant, equitable Portland under the broader mission of Beneficial State Bank, following its acquisition in 2018.
Serves as the main Portland hub for the Albina Community Bank division, housing key branch operations, community development activities, and local market leadership for Beneficial State Bank.
Strategically located on NE Martin Luther King Jr Blvd, a significant thoroughfare, maintaining its historical connection and accessibility to the Northeast Portland community. The facility supports both banking services and community engagement efforts.
A community-focused, collaborative, and customer-centric environment, emphasizing personalized service and ethical banking practices, reflecting its B Corp and CDFI status as part of Beneficial State Bank.
The NE MLK Jr Blvd office remains central to Albina's mission within Beneficial State Bank, acting as a key point for community development, financial services, and engagement, particularly in historically underserved Portland neighborhoods.
As a division of Beneficial State Bank, Albina Community Bank's operations are focused on the Portland, Oregon metropolitan area. Beneficial State Bank itself operates along the West Coast of the United States (California, Oregon, Washington) and does not have an international global presence. Its mission is rooted in local and regional impact within these states.
2002 NE Martin Luther King Jr Blvd
Portland
OR
USA
Address: 4020B NE Fremont St, Portland, OR 97212
To offer accessible banking solutions and support local economic activity in the vibrant Beaumont district, known for its local businesses and residential character.
Address: 804 NW 12th Avenue, Portland, OR 97209
To cater to the financial needs of the commercially active Pearl District, supporting its continued growth and urban lifestyle.
Address: 10545 SE Stark St, Portland, OR 97216
To enhance financial access and support community development in East Portland, serving a diverse residential and commercial population.
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As of April 2025, Albina Community Bank' leadership includes:
Albina Community Bank has been backed by several prominent investors over the years, including:
No major executive changes specific to the Albina Community Bank brand or Beneficial State Bank's Portland market leadership have been publicly announced in the last 12 months. Key leadership roles within Beneficial State Bank are stable.
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As Albina Community Bank is a division of Beneficial State Bank, emails for its staff, including those associated with the Albina brand, typically use the '@beneficialstate.com' domain. Common formats include first initial followed by last name, or first name separated by a period from the last name.
[first_initial][last]@beneficialstate.com (e.g., jdoe@beneficialstate.com) or [first].[last]@beneficialstate.com (e.g., jane.doe@beneficialstate.com)
Format
ccebula@beneficialstate.com
Example
85%
Success rate
Beneficial State Bank Official Website • May 1, 2024
Beneficial State Bank, parent of Albina Community Bank, released its 2023 Impact Report detailing investments in renewable energy, affordable housing, and support for underserved communities, reflecting activities in areas served by Albina....more
Beneficial State Bank Official Website • September 20, 2023
Beneficial State Bank, including its Albina Community Bank division, secured a $25 million CDFI grant to boost lending in low- and moderate-income communities, including those historically served by Albina in Portland....more
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