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Beneficial State Bank

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US community development bank (CDFI) majority-owned by the Beneficial State Foundation, a nonprofit. Permanently governed in the public interest with zero lending to fossil fuels, private prisons, or weapons manufacturing. Over 90% of total lending supports positive-impact sectors. Certified B Corp and signatory to UNEP Principles for Responsible Banking.

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Impact claims (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.
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