Social Entrepreneur: Conscious Companies | Benefit Corporations | Impact Investing

Can a bank be beneficial to all and harmful to none? Does your bank do only good and no harm? Do you know? Beneficial State Bank aims to bank in a way that is beneficial to all and harmful to none. It’s more than a platitude. They proactively measure themselves against goals such as how many affordable housing units they have financed, how many kilowatt hours of clean energy their loans have produced and how many millions of dollars they have loaned non-profits. Kat Taylor and her husband set out to create a business that would do social good with a sustainable business model. So far, they seem to be doing quite well. Beneficial Quotes from Kat Taylor “The way we think about social justice…is that we run our economy and our society in a way that distributes power, creates broad prosperity and gives individuals a hefty dose of self-determination. “ “I think that the banking sector is rife with opportunity for change by individuals.” “We’ve been trained over decades as depositors to believe all we deserve