Fellowships & Leadership Development

Summer Fellowship Program

Together, we can create a new banking system.

To build the pipeline for the next generation of leaders, Beneficial State Bank and Foundation are proud to offer an intensive summer fellowship (formerly the internship program) which provides valuable work and learning experience to high-caliber students interested in beneficial banking, community economic development and responsible financial services. Through this 9-week program – with tracks for both collegiate and MBA students – fellows work on challenging projects and complete deliverables designed to advance key initiatives and programs at Beneficial State.

Under the direction and mentorship of bank staff, each fellow will complete a capstone project and present their findings to the executive leadership team at the end of the program. We design our fellowship projects to be challenging, meaningful and in alignment with our strategic objectives and industry trends. In the past, students have spearheaded research projects on a variety of topics, developed marketing materials and strategies, evaluated loan and credit pipelines, assessed data to help Beneficial State demonstrate our triple-bottom-line mission, assisted in the conceptualization, execution and strategy of new bank products, and helped strengthen community partnerships, among other projects.

To supplement the learning experience, fellows gain additional exposure to community and socially-responsible banking through the “Beneficial Banking” Curriculum & Speaker Series. Led by experts in the fields of community banking, investing, and responsible finance, these workshops provide exposure to the challenges confronted by professionals in the industry and include site visits for interns to see the work in action.

As valued members of the team, fellows are integrated immediately as part of the Beneficial State family.  We begin the program with a formal on-boarding and immersion experience, exposing our fellows to our “Beneficial Banking” philosophy.  We also promote a healthy work-life balance and ensure interns have the opportunity to connect and bond. Cohorts have attended baseball games, completed an indoor rock climbing class, navigated Oakland’s Lake Merritt by kayak, and ended the work day with a relaxing happy hour.

Former interns have both joined the Beneficial State team after graduation and leveraged their rich experience into careers in financial services and a variety of socially-responsible sectors.

Get a sense of the program through our internship cohorts:

2017 Program Details (Applications are now closed)

Every week, through the “Beneficial Banking” Curriculum and Speaker Series, interns are exposed to the innovative work of partner organizations and allies. Here’s a sneak preview of the topics we’ll explore in 2017:

  • Banking and Lending 101: Think like a Credit Analyst
  • Addressing Inequality
  • Measuring Social and Environmental Impacts
  • Financial Regulation and Policy
  • Capital Needs of Small Businesses
  • Supplying Credit to the Traditionally Underserved
  • Impact Investment 101
  • Careers in Beneficial Banking & the Future of “Good Money”

For more information, contact Maritessa Bravo Ares, Community Engagement Officer at (510) 463-6563 or email mares@beneficialstate.org.