Technology Upgrade Coming September 30

A New Dawn in Your Beneficial Banking™ Experience

In 2007, our co-founders Kat Taylor and Tom Steyer set out to design a new kind of community bank – one that is inclusive, equitable, environmentally regenerative, and balances positive impact and profit. Seventeen years later, we’ve grown to $1.8 billion in assets and over $1.56 billion in deposits, operating in twelve West Coast locations with 270 colleagues. And now, we are thrilled to share that we are rolling out investments in technology to deliver an elevated Beneficial Banking™ experience.

On September 30, we’re upgrading our core technology and digital banking platforms to ensure that our tech is as leading-edge as our mission. This means that your digital and mobile banking experience will soon be more robust and efficient, with many features you have been asking for.

To help you feel as prepared and informed as possible, we've put together information about what is (and isn’t) changing to our products and services, key dates, and actions you’ll soon need to take. I invite you to read through our information page to familiarize yourself with what’s to come. If any questions pop up regarding these changes, you can always reach out to our team. Our top priority is making sure you feel supported.

While change is never easy, we hope this information supports you through this transition and ignites excitement for all the long-awaited enhanced banking features!

The Beneficial Banking™ model works because of you, our customers. Every account you’ve opened, dollar you’ve deposited, and loan you’ve opened has been a vote for a better banking system. We simply cannot thank you enough for banking with us and believing in our mission of supporting people and the planet. I can’t wait to see what we achieve together in the coming years.