Beneficial State Bank
Is this your brand? Claim it — free, and takes a minute with your work email.
See how your company appears in the Brand Index.
Overview
Tagline Brand's website · 2026-11-07
Beneficial State Bank is a mission-driven, FDIC-insured community bank that finances positive social and environmental outcomes.
Description Brand's website · 2026-11-07
Beneficial State Bank is a state-chartered, federally insured bank founded to demonstrate an equitable and sustainable model for banking. It provides personal, business, nonprofit, affordable housing, green lending, and B Corp banking services, with branches in California, Oregon, and Washington and B Corp services available nationwide.
Identity
Mission Brand's website · 2026-11-07
To prioritize people, the planet, and long-term financial sustainability through Beneficial Banking™, advancing social justice, environmental sustainability, and prosperity for all. The bank aims to finance beneficial activities while avoiding predatory lending and lending to fossil fuels, private prisons, and weapons manufacturing.
Founders & leadership Brand's website · 2026-11-07
Bank leadership includes Shamara van der Voort, Interim Chief Executive Officer and Chief Operating Officer; Mike Fratarcangeli, Executive Vice President and Chief Financial Officer; Richard Harvey, Executive Vice President, General Counsel and Director of Compliance Risk; Mary Lee Sharp, Executive Vice President of Human Capital; and Grant Word, Executive Vice President and Director of Commercial & Business Banking. Kat Taylor is Co-Founder and Board Chair.
Website Brand's website · 2026-11-07
https://beneficialstatebank.com
Voice & tone Brand's website · 2026-11-07
Mission-driven, inclusive, values-led, community-focused, transparent, and optimistic.
Founded Brand's website · 2026-11-07
2007
Parent ownership Brand's website · 2026-11-07
Beneficial State Foundation, a 501(c)(3) nonprofit, is the founding investor and majority owner/shareholder of Beneficial State Bank. The ownership structure is intended to keep the bank governed in the public interest.
Offerings
Problem solved Brand's website · 2026-11-07
Beneficial State Bank addresses the social and environmental harms associated with conventional banking by providing equitable banking services and directing deposits and lending toward communities, affordable housing, clean energy, small businesses, nonprofits, and other beneficial activities.
Core capabilities Brand's website · 2026-11-07
- Personal banking accounts and services
- Business banking and treasury services
- Nonprofit and foundation banking
- Affordable housing banking and lending
- Green lending for renewable energy and green buildings
- B Corp banking
- Commercial, small business, and SBA lending
- Online and mobile banking
Products / SKUs Brand's website · 2026-11-07
- Personal checking accounts
- Personal savings accounts, money market accounts, CDs, and IRAs
- Personal credit cards
- Auto loans and refinances
- Business checking accounts
- Business savings accounts, CDs, money markets, and IOLTAs
- Business lending, including affordable housing, nonprofit, commercial, small business, and SBA financing
- Business credit cards
Audience
Target industry Brand's website · 2026-11-07
Banking and financial services, with specialized support for affordable housing, renewable energy and green buildings, nonprofits, foundations, B Corps, small businesses, and community-focused organizations.
Customer base Brand's website · 2026-11-07
Individuals and organizations across California, Oregon, and Washington, plus B Corps nationwide. Customers include individuals, nonprofits, foundations, affordable housing developers, B Corps, small businesses, and other businesses.
Ideal customer profile Brand's website · 2026-11-07
Individuals and organizations seeking fair, accessible, mission-aligned banking; especially nonprofits, foundations, certified B Corps, affordable housing developers, green project developers, small businesses, and West Coast businesses.
Use cases Brand's website · 2026-11-07
- Everyday personal banking and savings
- Building or repairing personal credit
- Personal auto financing and refinancing
- Managing business checking, savings, and treasury needs
- Financing affordable housing projects
- Financing renewable energy and green building projects
- Banking for nonprofits and foundations
- Banking for certified B Corps
Customer outcomes Brand's website · 2026-11-07
- Deposits help fund affordable housing, clean energy, and local businesses
- Access to fair and inclusive banking services
- Financing for projects that benefit people and the planet
- Banking support aligned with social and environmental values
- Access to specialized banking expertise for nonprofits, B Corps, affordable housing, and green lending
- Avoidance of funding for fossil fuels, fracking, private prisons, and weapons manufacturing
Is this your business?
The information above is publicly sourced — assembled by Optimly from Beneficial State Bank's website and public pages.
Claim this profile to publish your own owner-approved BrandVault and speak for Beneficial State Bank across the index.
Claim Beneficial State Bank — free →Page last updated 2026-11-07.