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 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.

02

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.

03

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

November 19, 2019, 7:01 pm

We join 300+ organizations in urging banks who've signed the Equator Principles to STOP financing ecological destruction and STOP financing the violation of Indigenous rights. #EquatorBanksAct #DivestNow @EP_ActCampaign @BankTrack

@BeneficialStFdn

November 18, 2019, 10:20 pm

Earlier this year, we shared this blog post which asks "what role can banks play in stopping gun violence?" #beneficialbanking #divestment

@BeneficialStFdn

November 18, 2019, 9:30 pm

How many of us are ready for a *NEW* economy??🤔 @NewEconomics is a network of 200+ orgs who are building cooperative, ethical, and community-rooted enterprises, reclaiming the commons, and democratizing and reorienting finance: #neweconomy #cooperatives