We believe

We believe in a future where banks and financial institutions nourish our communities—not extract from them. Let’s create this future together!

01

End fossil fuel finance for a brighter future

We are in a climate emergency. We call for the immediate end to fossil fuel finance and to redirect the flow of money toward a just, inclusive, regenerative economy. 

02

Public banks for the people

We’re all about banking for the common good. Public banks are a bold complement to triple-bottom-line and values-based banks.

03

End all bank financing of prisons

We support the movement to end bank financing of prisons, including private prisons and immigration detention centers. As a mission-driven bank owner, we firmly oppose practices and industries that profit from the punishment of people, and invite all financial institutions to join us in making the same commitment.

04

A stronger Community Reinvestment Act (CRA)

As regulators consider changes to CRA, we advocate for equitable reform that does not leave low income communities behind, and that explicitly includes racial and environmental equity criteria.

05

Financial justice for immigrants

As members of the California Reinvestment Coalition #HereToStay campaign, we advocate for immigrant financial inclusion, contributing research to inform public policy and better banking practices to increase immigrant economic opportunity.

Recent Updates

@BeneficialStFdn

January 15, 2021, 5:38 pm

Commitments from individual corporations are good, but not enough. We need industry associations to stop making donations that harm communities. If their members are serious about Corporate Social Responsibility, it’s time they and their peers act like it.

@BeneficialStFdn

January 14, 2021, 11:08 pm

Misusing #PPP funds, the largest banks have left behind businesses owned by people of color. What’s more, banks have made billions of dollars in program-related fees. All of this makes us ask: Who has really benefited from these programs?

@BeneficialStFdn

January 12, 2021, 9:15 pm

Wall Street, banks, and money all play a huge role in the struggle for racial justice. We need big banks – along with banking associations – to take a stand against racism & stop donating to candidates who have expressed violent and hateful views: #Divest