At a glance
From its website, read 29 Oct 2026Beneficial State Bancorp, Inc. is a bank holding company based in Oakland, California. Its website describes auto loans, commercial real estate loans, energy-efficiency loans and 3 other loan types. Where it lends: California, Oregon and Washington; B Corps nationwide. It says it considers borrowers with low or no credit history. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Toll-free | (888) 326-2265 source |
|---|---|
| Apply online | Page with the application link |
| Website | www.beneficialstate.com |
| Office (official list) | 1438 Webster Street Suite 100, Oakland, CA 94612 |
What their website says about applying
Reach out to be put in touch with one of our experienced, dedicated bankers. Let us find a financing solution that fits your business goals.
sourceReach out to one of our auto lending experts and learn what Beneficial State Bank can do for you.
sourceSpeak to a banker at a branch near you to set up a security deposit.
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Who qualifies, in their words
- No or thin credit history considered
Perfect for those building, repairing, or new to credit.
source - Low or damaged credit considered
Repair and build credit or earn rewards to donate to your favorite nonprofit.
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Bank holding company |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 17 Sep 2013 |
| RSSD ID | 3842630 |
| Address | 1438 Webster Street Suite 100, Oakland, CA 94612 Directions (Google Maps) |
| Website | www.beneficialstate.com |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 29 Oct 2026Read from 6 pages of the lender's website on 29 Oct 2026. Quotes are verbatim. Reviewed by a person (Oct 2026). Items added later were extracted with AI help and checked automatically against the pages listed below. Confidence: high. Listed website redirects to beneficialstatebank.com (Beneficial State Bank, the subsidiary). Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Auto / vehicle loans | — | Dropdown Link Item Auto Loans | source |
| Commercial real estate loans | — | Green Lending Program for Commercial Real Estate | source |
| Energy / solar / efficiency loans | — | Construction and term loans for renewable energy (primarily solar photovoltaic: ground mount and rooftop) | source |
| Affordable housing development loans | — | Affordable Housing Loans | source |
| SBA-backed loans (7(a)/504/Community Advantage) | — | Small Business and SBA Loans | source |
| Small-business loans | — | Business Lending | source |
Loan sizes
Service area
California, Oregon and Washington; B Corps nationwide
For individuals and organizations across California, Oregon, and Washington, and B Corps nationwide.
source
Statewide: California, Oregon, Washington
Borrower focus
- Nonprofits
Commercial and Nonprofit Loans
source
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Find your next vehicle now! Apply Now
source
Pages read (6)
- https://www.beneficialstatebank.com/
- https://www.beneficialstatebank.com/business-banking/lending/green-lending-program-commercial-real-estate
- https://www.beneficialstatebank.com/business-banking/lending
- https://www.beneficialstatebank.com/personal-banking/auto-loans
- https://www.beneficialstatebank.com/personal-banking/credit-cards
- https://www.beneficialstatebank.com/business-banking/credit-cards
Questions to ask when you contact them
Based on what their website said when we read it on 29 Oct 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What is the APR, including fees, on your auto loans and energy-efficiency loans?
Their website does not state an APR. The APR includes fees, so it is the number to compare. - What interest rate and fees should I expect on your commercial real estate loans and affordable housing development loans?
Their website does not state a rate for this. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - How long can I take to repay?
No repayment terms are stated on their website. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$36.8 million in 17 awards from the U.S. Treasury's CDFI Fund, 2009–2023 (5 programs).
| Round year | Program | Amount |
|---|---|---|
| 2023 | Capital Magnet Fund | $6,000,000 |
| 2022 | CDFI Equitable Recovery Program | $4,957,678 |
| 2022 | CDFI Program, Financial Assistance | $640,000 |
| 2021 | CDFI Program, Financial Assistance | $525,000 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2021 | Capital Magnet Fund | $6,000,000 |
| 2020 | CDFI Program, Financial Assistance | $520,000 |
| 2020 | Capital Magnet Fund | $2,250,000 |
| 2019 | CDFI Program, Financial Assistance | $565,000 |
| 2019 | Capital Magnet Fund | $3,750,000 |
| 2017 | CDFI Program, Financial Assistance | $776,500 |
| 2017 | Capital Magnet Fund | $3,000,000 |
| 2015 | CDFI Program, Financial Assistance | $2,000,000 |
| 2014 | CDFI Program, Financial Assistance | $1,500,000 |
| 2013 | CDFI Program, Financial Assistance | $1,347,000 |
| 2009 | CDFI Program, Financial Assistance | $1,000,000 |
| 2009 | CDFI Program, Technical Assistance | $100,000 |
Emergency Capital Investment Program (ECIP)
Treasury invested $218.5 million in this institution under ECIP, by buying preferred stock or subordinated debt (an investment, not a grant; it is not counted in the award total). ECIP type on the list: CDFI. Source: U.S. Treasury ECIP participant list (last updated Mar 2025), downloaded 3 Nov 2026.
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Listed in the source as “Beneficial State Bancorp, PBC”. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
FDIC, 30 Jun 2026Subsidiary bank on file with the FDIC: Beneficial State Bank (FDIC cert 58490, total assets $2 billion). Source: FDIC BankFind Suite (public data): total assets from the Call Report as of 30 Jun 2026; office list as of 30 Oct 2026, downloaded 3 Nov 2026.
| Total assets | $2 billion (as of 30 Jun 2026) |
|---|---|
| Offices | 9 in 3 states (as of 30 Oct 2026) |
Offices by state and county (9)
California (5 offices)
- Alameda County (1): 2100 Franklin St, Oakland 94612 (main office)
- Fresno County (1): 170 W Shaw Ave, Fresno 93704
- Los Angeles County (1): 3626 E 1st St, Los Angeles 90063
- Sacramento County (1): 980 9th St, Sacramento 95814
- Tulare County (1): 268 N Main St, Porterville 93257
Oregon (3 offices)
- Multnomah County (3): 2002 Ne Martin Luther King Jr Blvd, Portland 97212; 430 Nw 10th Ave, Portland 97209; 5636 Ne Sandy Blvd, Portland 97213
Washington (1 office)
- King County (1): 1501 E Madison St, Seattle 98122
An office shows where the lender has a branch, not where it lends or whom it lends to.
What the regulator filing shows
Call Report, 30 Jun 2026A bank holding company files no Call Report of its own. These figures are from its subsidiary bank, Beneficial State Bank (RSSD 3608751, FDIC cert 58490), the only active bank the FDIC lists under this holding company. Source: FFIEC Central Data Repository, bulk Call Report data (public data), report date 30 Jun 2026; year-earlier figures from the 30 Jun 2025 report; downloaded 4 Nov 2026. Schedules RC-C Parts I and II, dollar amounts filed in thousands.
| Total loans and leases | $1.55 billion (as of 30 Jun 2026, net of unearned income) |
|---|---|
| Change over the year | Up 15.7% from $1.34 billion on 30 Jun 2025 |
| Total assets | $2.03 billion (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| Home mortgages (1-4 family, closed-end) | $33.9 million | 2.2% |
| Home equity lines of credit | $955,000 | 0.1% |
| Commercial real estate, construction and multifamily | $913.4 million | 59.1% |
| Commercial and industrial (business) loans | $88.4 million | 5.7% |
| Consumer loans (credit cards, auto, other) | $498.9 million | 32.3% |
| All other loans and leases | $9.6 million | 0.6% |
None reported on the 30 Jun 2026 report: farmland and farm production loans.
Within consumer loans: auto loans $424.7 million, credit cards $1.7 million.
Small business loans (original amount $1 million or less, balances on 30 Jun 2026)
| Original loan amount | Secured by business property | Commercial and industrial |
|---|---|---|
| Up to $100,000 | 7 loans $115,000 | 300 loans $4.6 million |
| $100,001 to $250,000 | 21 loans $2.7 million | 72 loans $6.6 million |
| $250,001 to $1 million | 122 loans $60.6 million | 66 loans $20.5 million |
| All small business loans | 150 loans $63.5 million | 438 loans $31.7 million |
Balances are loans outstanding on the report date, not loans made during the year, and they include loans the bank bought. Shares are of gross loans and leases. The change over the year includes loans gained through mergers or bought from others. A category with no balance does not mean the bank never makes that kind of loan; ask the bank.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets (Call Report, 30 Jun 2026) | $2.03 billion | Larger than 88% of the 8 other certified banks and bank holding companies in California (median $674 million). |
| Loans as a share of assets | 76% | Median of the same 8 banks and bank holding companies: 79%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $1.34 billion → $1.55 billion (+16%) | Median change of 8 other certified banks and bank holding companies in California: +6%. Rank by loans held among these 9: 1 → 1. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Call Report total assets | other certified banks and bank holding companies in California | 8 | larger than 88% |
| Loans held then vs now | certified banks and bank holding companies in California reporting both dates | 8 | rank 1 → 1 of 9 |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section).
SBA loans approved
SBA data as of 30 Sep 2026SBA loan data names this holding company's bank, not the holding company. Its subsidiary Beneficial State Bank is certified separately and shows its SBA 7(a) and 504 approvals for FY2020–FY2026 on its own page.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Oakland and California
- Beneficial State BankBank or thrift · Oakland, CAAuto / vehicle loans, Commercial real estate loans, Energy / solar / efficiency loans, Equipment loans…Verified
- Habitat Community CapitalLoan fund · Oakland, CAAffordable housing development loansVerified
- ICA FundVenture capital fund · Oakland, CAEquity / venture investment, Small-business loansVerified
- Main Street LaunchLoan fund · Oakland, CASmall-business loansVerified
- Pacific Community Ventures, Inc.Loan fund · Oakland, CAOfficial list only
- TMCCommunityCapitalLoan fund · Oakland, CAMicroloans, Small-business loansVerified
Work at Beneficial State Bancorp, Inc.? Link to this page
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