B Impact Report

Logo for Beneficial State Bank

Beneficial State Bank

Community Development Financial Institution
Certified Since: September, 2012
Location: Oakland, California, United States
Sector: Service with Minor Environmental Footprint

Overall B Impact Scoreinfo_outline

176.0

The B Impact Scores are being compared against all businesses that have completed the B Impact Assessment

Beneficial State Bank is an innovative, triple-bottom line, community development financial institution. Started in 2007, Beneficial State Bank came from a shared vision to start a bank that finances community-based businesses, builds the long-term prosperity of responsible consumers and supports companies that have a commitment to the environment. BSB has a one of a kind ownership structure-- its profits, when distributed, can only be distributed to Beneficial State Foundation to support our communities and environment. By design, the community is the shareholder that BSB serves, not special interests of any one group.

Note: This company or an affiliated individual or entity has made a philanthropic contribution to B Lab within the parameters of its conflict of interest policy. For more information visit the funders and finances section of this website.

Impact Area Scoresinfo_outline

Previous Overall B Impact Scores