Beneficial State Bank
@BeneficialState
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Values-based bank & certified B Corporation committed to #BeneficialBanking Equal Housing, Member FDIC
California, Oregon, Washington
Joined February 2011
Our hearts are heavy as we witness the devastating wind and fires sweeping through Los Angeles and surrounding communities. Our East LA branch and local offices will remain closed until it is safe to return. We wish for continued safety for everyone during this difficult time.
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How Banks Can Bridge The Financial Literacy Gap, Empower Communities https://t.co/voVxrrGWKv Written by Monique Johnson of @beneficialstate
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This knowledge gap isn’t just a personal challenge; it’s a societal issue that perpetuates economic inequality and widens the wealth divide. Read more: https://t.co/3gJ0i5TfEU Written by Monique Johnson of @beneficialstate
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"We're not just focused on profit. Yes, that matters. But we're really trying to optimize the triple bottom line: true community prosperity, social impact, and environmental well-being." Aligning Growth and Purpose with @BeneficialState Randell Leach https://t.co/4bjevhg6gV
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Happy #NationalNonprofitDay! We are honored to be recognized by Beneficial State Bank today for our work to expedite positive change for a just and livable future. 🌍
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How Banks Can Drive Economic Resilience By Supporting Small Businesses https://t.co/GFEMCLLzaw Written by Monique Johnson of @beneficialstate
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Join our team! We're currently hiring multiple positions, including an Affordable Housing and Construction Loan Processing Manager. Learn more: https://t.co/sdhRno3QND Beneficial State Bank Member FDIC | Equal Housing Lender
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In response to a recent American Banker op-ed calling unions "a threat to the banking industry", our CEO, Randell Leach, authored a response that highlights the importance of worker empowerment and our experience as a unionized bank: https://t.co/5lqWxJfxLE
#MemberFDIC
americanbanker.com
Instead of painting unionization as a barrier to business success, we should consider it an opportunity to rebuild trust, integrity and responsibility within the banking sector.
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We're proud of our commitment to support environmental organizations and projects while avoiding sectors that harm our planet such as fossil fuels and fracking. Thank you to everyone who believes in our mission, and happy Earth Month! 🌎 #EarthMonth #EthicalBanking #MemberFDIC
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Yesterday, our MLK center hosted "Art as Resistance," a celebration of Black art presented by @ulpdx. Many thanks to @beneficialstate for lunch, too! There was plenty of music, art, and inspiring stories of Black innovation. Thank you to everyone who joined us to celebrate!
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Check out the video below to see how @BeneficialState assisted their community member, @GreenPlateSEA. #BankingForGood: https://t.co/I1bsm6cexG
#BeneficialStateBank #CovidCrisis #InvestInCDFIs #CommunityDevelopment #CDBA #BankingForGood
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Our branches and Customer Care Center are closed on Monday, February 19 for Presidents' Day. We will be open again on Tuesday, February 20 for our normal hours and look forward to serving you then. Beneficial State Bank is Member FDIC | Equal Housing Lender
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Communities of color have been hurt the first, worst, and longest by racism and an oppressive economic system. Thank you @BeneficialState for this reflection on the massacre of Black Wall Street. #BlackHistoryMonth2024
https://t.co/H5THCDBogo
beneficialstatebank.com
In honor of Black History Month, we are reflecting on the massacre of Black Wall Street in 1921.
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Our friends at @LIFTEconomy recently interviewed our Co-Founder and Board Chair, Kat Taylor, on their #NextEconomyNow podcast. Check out the episode anywhere you listen to podcasts to hear Kat talk about systemic change within the financial industry and beyond 🎧 #MemberFDIC
Tune into our newest episode of #NextEconomyNow with @kattaylor 🎧 We chat about how beneficial banking models can transform our economy and environment, as well as the business and scientific case for regenerative agriculture — don't miss it! Listen ➡️ https://t.co/yxbB3j4H1g
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🎶 Listen back to @KatTaylor performing a song during our latest fireside chat with @BeneficialState🎤✨ Tune in to the full chat here https://t.co/YF6e4wzJwB 🔗 #Environment #sustainability #climatechange #investment #ClimateFirstBank #GreenBanking #SustainableFinance
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Please note our branches and Customer Care Center will be closed today in observance of Martin Luther King Jr. Day Beneficial State Bank is Member FDIC | Equal Housing Lender
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The world's 60 biggest banks poured over $668 billion into fossil fuel lending in 2022 ( https://t.co/ENZxvdgrmF). Our planet deserves better in 2024. Start your new year by joining our 18k+ depositors so your money can start doing good 🌎 https://t.co/b89APHZN4i
#MemberFDIC
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Our friends at @BeneficialStFdn penned this great article on the importance of equitable underwriting and how their Underwriting for Racial Justice (URJ) Lender Pilot Program is working to redesign lending to advance racial justice. #MemberFDIC
nonprofitquarterly.org
Underwriting—or how financial institutions evaluate loan applicants—has embedded structural racism. A group of 20 financial institutions has come together to change that.
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In observance of the festive season, please note that our branches and Customer Care center will be closed on the following dates: 🎅 Christmas Day: Monday, December 25, 2023 🎉 New Year's Day: Monday, January 1, 2024 Beneficial State Bank is Member FDIC | Equal Housing Lender
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Check out our 2022 Impact Report to read about our environmental impact from 2022. Thank you to everyone who helps make this environmental impact possible each year! https://t.co/gz489frSp8
#MemberFDIC
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