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

October 24, 2020, 3:16 pm

Each of us has the power to create a better, more equitable society. Let's use every tool to fight against systemic racism and the destruction of our planet and fight for economic equality for all people. #NewEconomy #BeneficialBanking

@BeneficialStFdn

October 24, 2020, 3:01 pm

After the coronavirus pandemic, let public banks lead the rebuilding. "Public banks can provide a financial bulwark in our federal system by supporting local banking systems." #PublicBanking

@BeneficialStFdn

October 23, 2020, 8:10 pm

A bold plan for a just recovery: With a public bank, California can provide bridge loans to local governments and to POC-owned small businesses overlooked by federal programs. #CAStatePublicBank #ReinvestRebuildRecover