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

October 18, 2019, 7:59 pm

Fighting back against financial deregulation--or the practice of bailing out big banks at the expense of working class communities--must be a priority for our government. #DoddFrank #TakeBackWallStreet

@BeneficialStFdn

October 18, 2019, 6:15 pm

The latest on how regulators and banks are preparing our financial system for a possible crisis? Last week, the Federal Reserve LOOSENED requirements for most banks. If that sounds counter-intuitive to you, you’re not alone. #banking #finance

@BeneficialStFdn

October 16, 2019, 11:05 pm

Empathy Collaboration and connection Accountability and transparency Check out our new website to learn more about our organizational values: #valuesbasedbanking #neweconomy #bankingonvalues