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

March 31, 2020, 7:53 pm

In response to COVID-19, we're working alongside other advocates and calling on policymakers to organize immediate federal relief efforts around the following people first principles:

@BeneficialStFdn

March 31, 2020, 6:39 pm

Some states like NY are acting swiftly to protect consumers from harm #COVID19 is likely to cause. As opportunistic bad actors look to take advantage of this pandemic, federal agencies like @CFPB need to up their game. #DontTakeTheBait #ProtectConsumers

@BeneficialStFdn

March 31, 2020, 6:33 pm

If predatory lenders and abusive debt collectors attempt to scam consumers during the #COVID19 crisis, @CFPB must be active, vigilant, and forceful against opportunistic, bad actors looking to make a quick buck in uncertain times. #ProtectConsumers