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

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

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

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

August 6, 2020, 4:55 pm

The #COVID crisis is radically eclipsing the 2008 recession. California needs to create a state agency to protect consumers during this time of unprecedented need. #CALeg #ConsumerProtections

@BeneficialStFdn

August 6, 2020, 4:25 pm

Schools are closed. Businesses are laying off workers. Families are struggling. It's more important now than ever to give California DBO the authority and resources to protect consumers from schemes that can lock them in never-ending cycles of debt. #CALeg

@BeneficialStFdn

August 6, 2020, 4:00 pm

COVID-19 = economic turmoil for millions of Californians DFPI = A stalwart champion for consumers during times of economic turmoil Stronger Consumer Protections = paramount importance #CALeg