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Offering
Beneficial State Bank — Business & Nonprofit Banking
ServiceexactFinancial Services
Business checking, savings, loans, and nonprofit banking services. Majority-owned by a nonprofit foundation; zero fossil-fuel, private-prison, or weapons lending; over 90% of lending in positive-impact sectors (affordable housing, small business, health, environment).
bankingcheckingsavingsloansnonprofit-bankingcdfimission-driven
What does “exact” mean?
This specific offering has a direct, explicit impact commitment — the claim applies precisely to this product or service.
Claims for this offering (1)
Ownership structureLow riskCommunity Finance / Social Enterprise→ Low-to-moderate income communities, small businesses, environmental projects, social enterprises via CDFI-certified mission lending
Beneficial State Bank is majority-owned by Beneficial State Foundation, a nonprofit, ensuring permanent governance in the public interest — with over 90% of lending serving communities, environment, and social enterprises, and zero lending to fossil fuels, private prisons, or weapons.
Listing this offering is not an endorsement. Always verify claims independently before making purchasing or donation decisions.
Data provenance
Added: 2026-04-10Last updated: 2026-04-10Self-reported — not independently verified
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