Beneficial State Foundation

We need to change the banking system in order to build a just economy. We are committed to approaching our work with a systems change mindset that is inspired and guided by on the ground progress from our stakeholders. Check out our 2019 Impact Report to learn more about our work: https://bit.ly/BeneficialStateImpact #BeneficialBanking #BankingOnValues

Recent data shows that voters across all political parties are broadly and intensely supportive of strong consumer financial protections and tough regulation of the financial services industry. This support has proven remarkably durable and stretches across party, race and ethnicity, age, and region. #EconomicJustice #ConsumerProtections https://bit.ly/38ai3OD

If you haven't already cast your ballot, and you can...today is the day to #vote. https://bit.ly/3mOwFaK

Last week Friday, the Public Banking Act was introduced to congress a new bill would pave the way for public ownership of our financial system at the national... level! Shoutout to all the NEC members who helped make this happen! Beneficial State Foundation #financeourfuture https://www.vox.com///rashida-tlaib-aoc-public-banking-act

What makes a secure future? How about a bank you can trust. Find a bank that protects our planet, and our communities, not just your money. Your future and the future of our planet depend on it. Join the movement. #ForABetterPlanet #ForAllofUs... http://bit.ly/3j1Wvqc

We think Uptima Entrepreneur Cooperative has a nice ring to it as well! Congratulations on the new identity, and thank you for all that you are doing to show that entrepreneurship and collective prosperity are not mutually exclusive. #Cooperatives #SmallBusiness #Entrepreneurship

Make sure your mail-in-ballot gets counted! Read the instructions carefully, sign your ballot, cast your vote early, and please share this post to help spread the word! https://bit.ly/3kfx70C #TogetherWeVote #GOTV #VoteEarlyDay

Mark your calendars for #VoteEarlyDay this Saturday! It's a great time to vote together, virtually. Invite your friends and family to a virtual #BYOBallot party where you can discuss the issues that matter to you, help each other fill out ballots, and support each other in making plans to cast your votes safely and early. Tag your friends in a comment below and start planning your party today: https://bit.ly/3kfx70C... #TogetherWeVote #WeVoteWeCount #GOTV

What if banks worked to bolster racial equity initiatives instead of exploiting communities of color? Join our webinar this Wednesday to learn about the potential of public banks to address the racial wealth gap. Register at https://bit.ly/3iYrnah

Together we can achieve real financial change. That means taking on the big banks and demanding they answer for the destruction of our environment and their lack of investment in our communities. When we come together, we can't be ignored. Join the movement. #ForABetterPlanet #ForAllOfUs... http://bit.ly/33VVR7k

How can you be an ally? Go to a Black-owned bank. Move your money to the community and minority-owned banks that are anchoring your city or town and bolstering the local economy. "Because of their structure, small banks have become the most reliable source of financial services for minority-owned, female-owned and rural businesses. Relative to large banks, they place more emphasis on personal relationships."... #BankingOnValues #LocalEconomy https://nyti.ms/31djozR

Research reveals that race has become an even greater determinant of home appraisals in Black and Latinx neighborhoods, despite housing reform efforts. "It's long past time we close these gaps, and to do this, we need to reexamine how we value and finance homes in different neighborhoods." What will it take to end discriminatory and predatory lending and guarantee #HousingForAll?... https://bloom.bg/3dJWjdv

How can public banks advance racial equity and bring fairness to our financial system? Join our webinar to hear from a panel of leading experts on racial inequality and public banking to learn how public banks can address the root causes of the racial wealth gap. Public banking is a growing movement that seeks to reimagine our financial system. The widening racial wealth gap in this country results from corporate and public policy that dictates which communities banks are inv...esting in and where those loans are made. These decisions have a disparate impact on communities of color and are matters of public concern. Register today: https://bit.ly/3iYrnah #PublicBanking #EconomicJustice

While financial analysts warned that the fossil fuel industry is a dying industry, the Federal Reserve was buying fossil fuel companies' debt through a pandemic emergency program. Some of the bonds purchased belong to fossil fuel firms with a track record of environmental racism. "These bonds are effectively a public investment because the Fed is leveraging $25 billion from the CARES Act as a down payment for the SMCCF's bond purchases. Together with the Fed, the public now holds the corporate bonds of ExxonMobil, Chevron, BP, Phillips 66 and Noble Energy." https://bit.ly/3luWXOn

Investing with your values doesn't have to be a sacrifice. Banks that care about our planet, its people, and your money do exist. Get ready to join the movement #ForABetterPlanet #ForAllOfUs . Learn more at http://bit.ly/3kMDNDu #DivestNow #BankingOnValues