Beneficial State Bank

We're so proud to share that our trailblazing Co-founder and Board Chair, Kat Taylor, is featured on the inaugural Forbes Sustainability Leaders list🌱 Kat’s commitment to a sustainable and just future, where restorative banking models are the norm, drives our mission at Beneficial State Bank. In addition to co-founding Beneficial State Bank, Kat is a Founding Director of TomKat Ranch Educational Foundation, which focuses on regenerative farming, along with several other impactful initiatives. Join us in celebrating Kat and the 49 other leaders on this prestigious list for their remarkable contributions to a brighter future for all. 🌿💚 https://lnkd.in/gNW7xsEr #ForbesSustainabilityLeaders Beneficial State Bank Member FDIC | Equal Housing Lender

We’re thrilled to share that our CEO, Randell Leach, was featured on an episode of the Agency for Change podcast. Dive into Randell’s journey and learn how Beneficial State Bank is pioneering sustainable banking practices and driving positive change in our communities. 🌍💚 “Lead with love. Start there, and then everything flows from that.” 🎧 Listen to the full podcast here or anywhere you listen to podcasts: https://lnkd.in/gJbQxBeC #AgencyForChange #Podcast KidGlov Beneficial State Bank Member FDIC | Equal Housing Lender

When we put our money in a responsible bank, we contribute to a more sustainable and equitable future. And when we cast our ballots in elections, we shape the future we envision for ourselves, our neighbors, and our planet. 🌎 Small individual actions = big collective impact. Be sure to make your voice heard this election season! Beneficial State Bank Member FDIC | Equal Housing Lender

Check out this episode of the Next City podcast featuring Jae Easterbrooks, who co-heads the green lending team at Beneficial State Bank.️ Jae and others dive into the crucial role that Community Development Financial Institutions (CDFIs) play when it comes to climate action and supporting low- to moderate-income communities. Listen to learn how CDFIs and the Greenhouse Gas Reduction Fund are making a difference: https://lnkd.in/gFYxt7VQ #SustainableBanking #CDFI #ClimateAction #BeneficialBanking Beneficial State Bank Member FDIC | Equal Housing Lender

As we observe Indigenous Peoples' Day, please note that our branches and customer care center will be closed today but our credit card customer service line will remain open. We express our deep gratitude to the Indigenous peoples who have long been the guardians of this land. Their enduring relationship with nature has taught us invaluable lessons about stewardship, sustainability, and respect for the Earth. Their strength, culture, and wisdom continue to inspire movements toward a more just, inclusive, and environmentally conscious world. Acknowledging and supporting Indigenous rights is not only a way to honor their legacy, but a crucial step in building a more connected, sustainable future for all of us. #IndigenousPeoplesDay #HonorIndigenousWisdom #LandStewards #EnvironmentalJustice Beneficial State Bank Member FDIC | Equal Housing Lender

We want to take a moment to express our sincere gratitude for your patience during the transition to our new technology platform. While our Online Banking system is now live, we acknowledge that the journey hasn’t been without its challenges. We apologize for the longer-than-usual wait times some of you may still be experiencing when reaching out to our customer service team. We’re committed to resolving every issue to ensure you have seamless access to your banking services moving forward. You can reach our call center Monday to Friday, 8 AM to 6 PM, at 888-326-2265. If you are waiting on hold, we recommend selecting the call-back option to keep your place in line and one of our team members will return your call. You all deserve the best, and we’re dedicated to providing just that. Thank you for sticking with us through this transition. 🫶 For all of the latest updates: https://lnkd.in/gSM_u8D5 Beneficial State Bank Member FDIC | Equal Housing Lender

Meet Lucy De Leon, food entrepreneur and owner of Salsas Locas, a Mexican eatery in Portland, Oregon. Lucy’s journey from her family’s kitchen to owning a thriving restaurant is truly inspiring. Her dedication to preserving her heritage and feeding her community shines through every dish. We are overjoyed to have played a part in helping Lucy secure a permanent location for Salsas Locas through an SBA loan. Lucy’s story is a testament to hard work, determination, and the power of community support. She continues to make authentic Mexican food accessible, from school cafeterias to local nonprofits. ❤️ Join us in celebrating Lucy’s incredible journey and the delicious food at Salsas Locas! 🍴🎉 Read the full story on our blog: https://lnkd.in/d6qVbHA8 #ClientSpotlight #SmallBusiness #PortlandEats #BeneficialBanking Beneficial State Bank Member FDIC | Equal Housing Lender

We had an amazing experience at Net Zero 2024 last week, including hearing our very own Manny Barragan deliver an inspiring talk on the pivotal role financial institutions play in accelerating climate action. As a B Corp bank and CDFI, we are passionate about promoting sustainable banking models where our planet is always a key stakeholder 🌎. A special shout-out to RAVI S MIKKELSEN of Atmos Financial for being part of this important conversation and championing climate-conscious financial practices alongside us! The annual Net Zero Conference, organized by Verdical Group, brings together climate leaders to reimagine the built environment and drive towards a net zero future. A big thank you to everyone who made this event possible! #NetZeroConference Beneficial State Bank Member FDIC | Equal Housing Lender

Did you know that nearly 90% of adults in the U.S. feel unprepared to call their own financial shots? For most Americans, financial literacy is a huge challenge; but for people impacted by the criminal legal system, the obstacles are even greater. More than half of system-impacted people had essentially no income in the years leading up to their incarceration, and roughly a third had no bank account - that’s three times higher than the national average. Every year, tens of thousands of people are leaving prison with far too few tools or skills to establish the financial security that is critical to successful reentry.     Good financial education can change the direction of someone’s reentry journey. That’s why Beneficial State Bank and Impact Justice are teaming up to provide financial education to people returning from prison.  We’re helping people learn how to establish a credit history, create and manage a budget, and build their savings - because we know that when banks fulfill their community investment promises, everyone benefits.      Read the full article on American Banker: https://lnkd.in/deRY5rbF Beneficial State Bank Member FDIC | Equal Housing Lender 

We had the privilege of touring our client Street Roots’ new building in downtown Portland, currently undergoing major renovations. Street Roots, a nonprofit, publishes a weekly social justice newspaper sold by individuals experiencing homelessness and poverty, providing them with an income source. In desperate need of a larger space, Street Roots’ new multi-story building exceeds expectations. It features thoughtful details like a wheelchair charging station, spacious showers, laundry facilities, and a serene rooftop patio. The entire space is designed to provide a safe, inclusive environment where the people they serve can experience dignity and a sense of belonging. The tour included Kaia Sand, Executive Director at Street Roots, Randell Leach, CEO at Beneficial State Bank, and Terra Neilson, CIO at Beneficial State Bank. Thank you, Street Roots, for your incredible work in our community. Your efforts are truly inspiring and serve as a model for the rest of the country. We are proud to be your banking partner and ally as we work together towards a fair and just economic future for all 🧡 Learn more about Street Roots: https://lnkd.in/g9t7nvFq Beneficial State Bank Member FDIC | Equal Housing Lender