Overview of Mission Lending

As a commercial bank, lending is the primary way we make the change we want to see. We strive to ensure that 75% or more of our loan dollars directly serve our mission supporting a more socially-just and environmentally – sustainable world, and that none of our loans are counter to this mission (what we call contra mission).

There are four primary ways in which a loan is considered mission:

  1. Supports Diverse and Distributed Ownership
  2. Has a Mission-Driven Structure
  3. Provides Mission-Driven Core Products and Services
  4. Engages in Mission Business Practices

For a more thorough look at our mission and contra mission definitions and methodology, visit our Mission Principles and Policies page.

The tabs above offer a deep dive into a few of our mission focus areas.

Beneficial State's Mission Loan Commitments. As of December 31, 2019, we have committed $584 million to 11 different mission sectors. Affordable housing is the biggest sector, followed by environmental sustainability, and health & wellbeing (nonfood).

* Note: Some loans serve multiple mission categories

Our Mission and the UN Sustainable Development Goals

Sustainable development goals - Beneficial State Impact

The Sustainable Development Goals (SDGs) consist of 17 interrelated goals that form the blueprint for a sustainable future. These goals work to improve health and education, reduce inequality, spur economic growth, and tackle climate change. Our values and lending practices align very closely with the SDGs and we are committed to contributing toward the achievement of these goals.