Beneficial State Bank

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Beneficial State Bank Sustainability Actions

Published annual impact reporting

We track, report, and share key indicators and real stories that show how our ambitions lead to real, measurable benefits for communities and the environment. Our annual impact report is one way we demonstrate the impact your money makes through Beneficial Banking.

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Hired first Chief Impact Officer

On Jan. 29, 2024, Beneficial State Bank hired Terra Neilson as its new Chief Impact Officer. In this role, Neilson will help advance the bank's commitments to local communities, environmental sustainability, and inclusive, equitable practices, and will focus on developing, evaluating, and reporting on the bank’s social and environmental outcomes.

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Became a B Corp in 2012

In 2012, we became a B Corp, formalizing our commitment to serving our communities and the planet.

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Avoids harmful lending

We avoid lending to harmful industries and aim for at least 75% of our lending portfolio to go towards having a positive impact on people and the planet.

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Lends over $1 billion

We lend over $1 billion to support a brighter tomorrow, including affordable housing and the environment.

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Received a Satisfactory CRA rating

Received a CRA rating of “Satisfactory” in 2024.

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What do our labels mean?

Certified B Corporation Logo

Certified B Corporation

About Beneficial State Bank

  • Status
  • Unverified
  • Employees
  • 25 - 100
  • Country
  • United States

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