BranchWatch

Beneficial State Bank

Headquartered in Oakland, CA. Part of Beneficial State Foundation. FDIC certificate #58490 · Federal Reserve RSSD 3608751.

Total assets
$2.0B
Deposits
$1.7B
Q1 2026
Active branches
9
Closings since Jan 2020
8
1 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$-1703K
Return on assets
-0.34%
Return on equity
-3.67%
Noncurrent loan rate
2.79%

Deposits by year (Summary of Deposits)

1
2019
1
2020
1
2021
2
2022
2
2023
2
2024
2
2025

Values in $ billions, June 30 of each year.

Closings by year

8
2020

Openings by year

1
2020

Other network changes since 2020

  • 3 branch relocations

Branches by state

Recent closings

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.beneficialstatebank.com.