Beneficial State Bank Becomes Fresno’s 10th Certified CA Green Business

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Fresno Green Team committed to reaching 100 certified CA Green Businesses

Beneficial State Bank

Beneficial State Bank (Beneficial State), whose mission is to build prosperity in their communities through beneficial banking services delivered in an economically and environmentally sustainable manner, is paving the way as the first community development financial institution in the Central Valley to become a certified California Green Business.

Under the program operations of the Fresno Metro Black Chamber of Commerce, the Fresno Green Team is excited to reach another milestone. “In just one year, we’ve now certified 10 local businesses as California Green Businesses,” says T’Shaka Touré, Board Chair and Interim CEO of the Fresno Metro Black Chamber, “it simply shows that the Fresno region is ready and committed towards making Fresno and the Central Valley a more sustainable place to live.” Beneficial State Co-CEO and President, Dan Skaff added, “We are thrilled to be one of the leaders in Fresno’s Green Certification movement. The Fresno Green Team continues to be an exceptional partner and very important pillar in our community. We look forward to helping them build this movement throughout the region.”

The Fresno Green Team is a collective coalition of businesses, community leaders and partners formed to educate the business community on the benefits of going Green and becoming a Green Certified Business.

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About Beneficial State Bank

Beneficial State Bank is a social enterprise bank founded in 2007 with a triple-bottom-line focus of social justice, environmental resilience, and economic sustainability. Beneficial State is a state-chartered, federally regulated, for-profit banking organization whose economic interest is owned entirely by a non-profit foundation of the same name. Beneficial State is mandated to produce meaningful social justice and environmental benefits in an economically sustainable manner. In December 2010, it acquired ShoreBank Pacific. The merger greatly expanded the Bank’s reach on the West Coast and enhanced its capacity to serve its mission. ShoreBank Pacific, a pioneer of environmentally sustainable banking, served both Washington and Oregon. The joint forces produced an enlarged footprint covering a bio-regional territory some call the Salmon Nation and united the synergies of social justice and ecological banking. A few years later in October 2013, Beneficial State Bancorp completed a stock purchase transaction of 90% of Albina Community Bank, bringing a Portland-based community bank that has been investing in individuals, families, businesses, and local neighborhoods for over 20 years, into their family. In June of 2016, Beneficial State Bank acquired Pan American Bank. The combined 12-branch network now serves the California communities of Oakland, Santa Rosa, Sacramento, Los Angeles, Bakersfield, Fresno, Porterville, Visalia, Modesto and additionally Portland, Oregon, and Seattle, Washington.

Beneficial State, a community development financial institution, has been a certified B Corporation since 2013 and has been honored as “Best for the World,” a designation reserved for the top 10% of all B Corps based on environmental, community and worker impact. Overall, Beneficial State is the #3 B Corp worldwide on the B Corp impact assessment. For additional information, visit http://www.beneficialstate.com.

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Andrea Walker
@BeneficialStFdn
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