Beneficial State Bank is a social enterprise bank and certified B Corporation with a mission to build prosperity in our communities through beneficial banking services. They focus on financing activities that promote social justice and environmental well-being, serving individuals, businesses, non-profits, and foundations. Their model aims to prove that banking can be a force for good, reinvesting profits into the communities they serve and avoiding industries that extract from or harm society and the planet. They offer a full range of banking services, including checking and savings accounts, loans, and credit cards, all aligned with their values.
The Oakland headquarters serves as the central administrative and strategic hub for the bank's operations, overseeing its network of branches and its mission-driven initiatives.
The headquarters likely features sustainable design elements and collaborative workspaces, reflecting the bank's B Corp values and commitment to environmental responsibility.
The work culture at Beneficial State Bank's HQ is mission-driven, emphasizing collaboration, inclusivity, and a commitment to social and environmental impact. Employees are passionate about making a positive difference through their work.
The Oakland headquarters is significant as it anchors the bank in a community known for its activism and social innovation, aligning with the bank's core mission. It's the nerve center for their unique banking model.
Beneficial State Bank primarily operates within the United States, with a strong presence on the West Coast (California, Oregon, and Washington). While it does not have physical international branches, its 'global' impact is demonstrated through its commitment to financing projects and organizations that may have international reach or contribute to global sustainability goals. It is also a member of the Global Alliance for Banking on Values (GABV), connecting it with like-minded banks worldwide.
1438 Webster Street, Suite 100
Oakland
CA
USA
Address: Multiple branches, e.g., 1000 NE Multnomah St, Portland, OR 97232 (Administrative office)
To expand beneficial banking practices in Oregon, supporting local economies and environmental initiatives specific to the region.
Address: Example: 220 2nd Ave S, Seattle, WA 98104
To foster economic justice and environmental sustainability in Washington state by providing accessible and ethical financial services.
Address: Example: 360 E 2nd St, Ste 200, Los Angeles, CA 90012
To empower communities and promote sustainable development across Southern California through values-based banking.
Address: Example: 170 W Shaw Ave, Fresno, CA 93704
To support sustainable agriculture, small business growth, and community well-being in California's Central Valley.
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As of April 2025, Beneficial State Bank' leadership includes:
Beneficial State Bank has been backed by several prominent investors over the years, including:
No major publicly announced executive hires or exits specifically within Beneficial State Bank's top C-suite were prominently found in the general news search for the last 12 months. The executive team appears relatively stable. Some senior roles below C-suite may have seen changes, but these are not always widely publicized.
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Beneficial State Bank likely uses common corporate email formats. The most probable format is the first initial followed by the last name.
[first_initial][last]@beneficialstate.com
Format
rleach@beneficialstate.com
Example
85%
Success rate
Beneficial State Bank News • May 21, 2024
Beneficial State Bank highlights its commitment to digital equity in its latest Impact Report, discussing efforts to provide accessible digital banking services to all community members, particularly those in underserved areas. This includes investing in user-friendly online platforms and financial literacy programs focused on digital tools....more
B The Change (B Corp) • February 13, 2024
Beneficial State Bank is featured in an article discussing how values-aligned banking partnerships can help businesses contribute to a more inclusive and regenerative economy. The piece highlights Beneficial State Bank's model of investing in communities and supporting sustainable enterprises....more
Beneficial State Bank News • October 26, 2023
Beneficial State Bank reaffirms its dedication to combating climate change by detailing its ongoing investments in renewable energy projects. The bank actively finances solar, wind, and other clean energy initiatives, helping to transition communities to a more sustainable future....more
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