Your Mark On The World

#95: Renamed Bank Still Focused On Building Community

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August 25, 2014 - Read the full Forbes article and watch the interview here: http://onforb.es/1pwca1u. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. One PacificCoast Bank is rebranding itself to better reflect its social justice agenda as Beneficial State Bank. Beneficial State Bank takes its social mission seriously. The bank is a member of the Social Venture Network and is a registered B Corporation. In fact, B Lab recognizes the bank as qualifying for “Best for Community Impact.” Beneficial focuses on serving business customers that serve the community in an environmentally friendly way. The bank says: Typically, mainstream banks work with big businesses that offer conventional products with relatively low risk — but often in a way that bars new, more sustainable ways of meeting our needs, like sustainable agriculture or clean energy. If we want to build our local community economies, then the underserved s