Beneficial State Bancorp, Inc.
Oakland, CA
- UEI
- W442XKDA1BL3
- CAGE
- 4KBX2
- Primary NAICS
- Not on record
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- Corporate family
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- TSAFWDZMX9M1
- Beneficial State Bank · Oakland, CA YNPNN8V1W9B5
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- SAM.gov registration date
- Physical address
- 1438 Webster St #100, Oakland, CA 94612, USA
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
Latest 5 listed here. See the rest on GovTribe.
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About the company
Beneficial State Bancorp, Inc. is a for-profit corporate entity and certified Community Development Financial Institution (CDFI) that provides financial products and services to underserved markets and low-income populations. Its mission is to promote economic revitalization and community development in areas that lack access to affordable financial services.
Beneficial State Bancorp has received numerous grants from the Department of the Treasury's Community Development Financial Institutions (CDFI) Fund to support its lending and investment activities. Many awards come through the Capital Magnet Fund program to attract private capital for creating and preserving affordable housing for low-income families. Beneficial State Bancorp acts as an intermediary, providing financing to certified CDFIs, nonprofit housing organizations, and community development initiatives. Other major grants are from the core CDFI Program, enabling Beneficial State Bancorp to expand lending, investing, and services in underserved communities. This includes loans, equity investments, financial counseling, and organizational capacity building. Several recent grants aimed to help Beneficial State Bancorp respond to economic impacts of the COVID-19 pandemic through increased lending and support to disproportionately affected low-income areas. Overall, the federal funding allows Beneficial State Bancorp to drive affordable housing projects, small business growth, community revitalization efforts, and expanded financial inclusion benefiting low-income individuals nationwide.
Quick answers
Is Beneficial State Bancorp, Inc. registered in SAM.gov?
Yes. Beneficial State Bancorp, Inc.'s SAM.gov registration is active through January 6, 2027.
What is Beneficial State Bancorp, Inc.'s most recent federal award?
Beneficial State Bancorp, Inc.'s most recent federal grant award is To attract financing for and increase investment in affordable housing for primarily low income, very low income, and… (231CM062373G), from Community Development Financial Institutions Fund, on October 4, 2023.
On GovTribe
See Beneficial State Bancorp, Inc.'s full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors