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
May 23, 2023, 7:00 pm
We proudly honor Asian American, Native Hawaiian, and Pacific Islander (AANHPI) heritage and contributions to our society. Let's recognize the resilience and achievements of #AANHPI communities as we work to create a financial landscape that fosters equity and inclusion for all.
@BeneficialStFdn
May 23, 2023, 4:44 pm
CORRECTED: @BNPParibas to end new oil and gas financing, pressuring other banks to follow suit. US financial institutions are urged to end fossil fuel financing to meet net-zero goals outlined in the @IEA report #climatecrisis #sustainablefinance #banks
@BeneficialStFdn
May 16, 2023, 4:08 pm
Attention US-based lenders! You can join the no-cost Underwriting for Racial Justice Lender Pilot Program. Come together with other lenders to increase lending to people of color and make meaningful impact. Apply by May 30: #RacialEquity #CRA #SPCP