At a glance
From its website, read 2 Nov 2026Beneficial State Bank is a bank or thrift based in Oakland, California. Its website describes auto loans, commercial real estate loans, energy-efficiency loans and 4 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) | 2100 Franklin Street, Suite 390, Oakland, CA 94612 |
What their website says about applying
Reach out to one of our auto lending experts and learn what Beneficial State Bank can do for you.
sourceReach out to be put in touch with one of our experienced, dedicated bankers.
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
Perfect for those building, repairing, or new to credit.
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Bank or thrift |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 25 Oct 2013 |
| RSSD ID | 3608751 |
| Address | 2100 Franklin Street, Suite 390, 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 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. 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 | — | Purchasing a new or used vehicle? Looking to lower your payment on a current auto loan? | source |
| Commercial real estate loans | — | Through Beneficial State Bank’s Green Lending Program, you can finance both existing and new apartment buildings, affordable housing, and commercial real estate. | source |
| Energy / solar / efficiency loans | — | Construction and term loans for renewable energy (primarily solar photovoltaic: ground mount and rooftop) | source |
| Equipment loans | — | Equipment and other capital expenditures | source |
| Affordable housing development loans | — | Banking and lending solutions from our affordable housing banking experts. | source |
| SBA-backed loans (7(a)/504/Community Advantage) | — | SBA 7(a) loans for equipment, tenant improvements, owner-occupied real estate, and business acquisition | source |
| Small-business loans | $10,000 – $150,000 | This loan type is for clients looking to borrow $10,000 to $150,000. | source |
Loan sizes
This loan type is for clients looking to borrow $10,000 to $150,000.
source
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
Our lending solutions to both for-profit and nonprofit entities
source
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Apply for an Auto Loan
source
Pages read (7)
- https://www.beneficialstatebank.com/
- https://www.beneficialstatebank.com/personal-banking/auto-loans
- 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/credit-cards
- https://www.beneficialstatebank.com/business-banking/credit-cards
- https://www.beneficialstatebank.com/personal-banking/financial-wellness
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 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 equipment 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$4.8 million in 14 awards from the U.S. Treasury's CDFI Fund, 2009–2024 (Bank Enterprise Award Program).
| Round year | Program | Amount |
|---|---|---|
| 2024 | Bank Enterprise Award Program | $280,369 |
| 2021 | Bank Enterprise Award Program | $170,699 |
| 2020 | Bank Enterprise Award Program | $202,898 |
| 2019 | Bank Enterprise Award Program | $245,547 |
| 2018 | Bank Enterprise Award Program | $233,244 |
| 2017 | Bank Enterprise Award Program | $233,389 |
| 2016 | Bank Enterprise Award Program | $227,282 |
| 2015 | Bank Enterprise Award Program | $265,496 |
| 2014 | Bank Enterprise Award Program | $355,000 |
| 2013 | Bank Enterprise Award Program | $323,000 |
| 2012 | Bank Enterprise Award Program | $415,000 |
| 2011 | Bank Enterprise Award Program | $500,000 |
| 2010 | Bank Enterprise Award Program | $600,000 |
| 2009 | Bank Enterprise Award Program | $700,000 |
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. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
FDIC, 30 Jun 2026On file with the FDIC as Beneficial State Bank (FDIC cert 58490). 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 2026Figures from the Call Report filed by Beneficial State Bank (RSSD 3608751, FDIC cert 58490). 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 |
|---|---|---|
| Median SBA 7(a) loan it approved, FY2020–FY2026 | $576,900 (50 loans) | All 7(a) lenders in California: $270,000. Larger than the median loan of 91% of the 97 other certified CDFIs with 10 or more 7(a) loans. |
| SBA approvals, FY2023–24 → FY2025–26 | 23 → 18 | Rank among the 21 certified CDFIs in California with SBA approvals in either period: 4 → 5. |
| 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 |
|---|---|---|---|
| Median SBA 7(a) loan | certified CDFIs with 10+ 7(a) loans, nationwide | 97 | larger than 91% |
| SBA approvals then vs now | certified CDFIs in California with SBA approvals FY2023–2026 | 20 | rank 4 → 5 of 21 |
| 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; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section).
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 91 SBA-backed approvals for Beneficial State Bank in fiscal years 2020–2026 (October 2019 to September 2026):
- 50 7(a) loans as the lender: $40.3M in total (gross amount approved), median $576,900
- 41 504 projects as the third-party (first-lien) lender: $75.4M in total (its own third-party loan amount), median $1.1M
By fiscal year: FY2020 11 · FY2021 19 · FY2022 20 · FY2023 13 · FY2024 10 · FY2025 11 · FY2026 7.
What actually happened
- Size of its 7(a) loans: half were between $332,900 and $1.1M, median $576,900 (50 loans)
- Size of its 504 first-lien loans (third-party lender): half were between $537,500 and $2M, median $1.1M (41 loans)
- Term of its 7(a) loans: median 300 months (25 years) (50 loans)
- Term of its 504 first-lien loans (third-party lender): median 300 months (25 years) (41 loans)
- Interest rate at approval on its 7(a) loans in FY2025–26: median 7.58%, half between 7.04% and 7.83% (12 loans; SBA's initial rate, before any change on a variable loan)
- Fixed or variable: 24% of its 7(a) loans had a fixed rate (50 loans)
- Young businesses: 17% of its 7(a) loans went to a startup or a business two years old or less (48 loans with an answer)
Descriptive only: what the SBA file records for loans this lender approved in fiscal years 2020–2026. Each figure covers at least 10 loans; with fewer we show nothing. It is not an offer, not the rate or term you would get, and says nothing about your chance of approval.
By program
- 7(a) standard (50, 55%)
- 504 projects (as the third-party lender) (41, 45%)
Borrower industries
NAICS sector, 3 or more loans.
- Real estate and rental and leasing (13)
- Health care and social assistance (12)
- Accommodation and food services (11)
- Retail trade (11)
- Manufacturing (11)
Where borrowers are
County of the borrower's ZIP code, 3 or more loans.
How this lender was matched in the SBA files: FDIC cert 58490, found through the RSSD ID on the CDFI Fund list (SBA lists “Beneficial State Bank”); 504 third-party lender name: same name, state and city (SBA lists “Beneficial State Bank”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Beneficial State Bank may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files. For 504 projects, the CDC amount is the SBA-backed portion and the third-party lender amount is that lender's own first-lien loan.
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 Bancorp, Inc.Bank holding company · Oakland, CAAuto / vehicle loans, Commercial real estate loans, Energy / solar / efficiency loans, Affordable housing development 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
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