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
March 29, 2023, 4:56 pm
"Banks have an opportunity to advance impact goals and benefit communities by bringing community members into the investment and governance process." Thanks, @ImpactAlpha, for including our latest report on #ParticipatoryInvestment in your brief today.
@BeneficialStFdn
March 28, 2023, 7:15 pm
Our financial system has normalized extracting economic power instead of working together to meet community goals. With @TransformFin we made a "Participatory Investment in Banking" guide to show how #banks can shift power to the #communities they serve.
@BeneficialStFdn
March 27, 2023, 3:20 pm
Our co-founder on why moving money to the big banks is a “flight to subsidy.” Consider how keeping deposits at values-aligned ones helps to keep both your money and our society safe at the same time. #ResponsibleBanking