Beneficial State Bank

Beneficial State Bank
Company typePrivate
IndustryBanking
Founded2007
HeadquartersOakland, California, U.S.
Number of locations
7 (2022)[1]
Area served
California, Oregon, Washington
Key people
Tom Steyer
Kat Taylor (co-chair, co-founder)
Randell Leach (CEO)
ProductsFinancial services
Total assetsIncrease US$1.25billion (2020)[1]
Number of employees
197 (2021)[1]
Websitebeneficialstatebank.com

Beneficial State Bank (formerly One PacificCoast Bank, FSB; and OneCalifornia Bank) is an Oakland, California-based community development bank. The bank was founded in 2007 by billionaire philanthropist and former presidential candidate Tom Steyer and his wife Kat Taylor, to provide loans and banking services to individuals in low wealth communities, including entrepreneurs and existing businesses.[2]

  1. ^ a b c "FDIC: Institution Directory - Beneficial State Bank".
  2. ^ Burt, Cecily (October 29, 2008). "Organization ready to help small businesses". East Bay Times. Retrieved June 5, 2022.