Beneficial State Bank
Oakland, CA Doing business as Onecalifornia Bank Part of Beneficial State Bancorp, Inc.
- UEI
- YNPNN8V1W9B5
- CAGE
- 6F9N3
- 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
-
-
Parent
Oakland, CA
W442XKDA1BL3
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Parent
Oakland, CA
W442XKDA1BL3
- SAM.gov registration date
- Physical address
- 1438 Webster St, Oakland, CA 94612, USA
- Website
- beneficialstatebank.com
- Founded
- 2007
- Employees
- 51-250
- Estimated annual revenue
- $10M-$50M
- Industry
-
- Financials
- Banks
- Banking & Mortgages
- SIC code
- 60 Depository Institutions
- Profiles
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 Bank, doing business as Onecalifornia Bank, is a for-profit corporate entity based in Oakland, California, registered in the System for Award Management (SAM) since 2011. The bank specializes in community development financial services, with a focus on supporting economically distressed communities through targeted financial products and assistance. Its primary engagement with the federal government has been through the Community Development Financial Institutions (CDFI) Fund's Bank Enterprise Award (BEA) Program, which supports financial institutions that demonstrate commitment to community development and support of certified Community Development Financial Institutions.
Through its federal grant awards, Beneficial State Bank has received multiple BEA Program grants totaling at least $280,369, specifically focused on increasing investments and support for certified CDFIs and expanding community development financing in economically challenged areas. The bank's grant-supported activities include providing technical assistance, affordable housing financing, small business support, and developing tailored financial products for low- and moderate-income populations in underserved communities. These grants, awarded by the U.S. Department of the Treasury's CDFI Fund, are designed to incentivize banks to increase lending, investments, and service activities in the most economically distressed regions. The bank's grants have specifically supported equity investments, equity-like loans, grants, stock purchases, loans, deposits, and other forms of financial assistance to certified CDFIs, with the ultimate goal of improving economic opportunities in disadvantaged communities.
Quick answers
Is Beneficial State Bank registered in SAM.gov?
Yes. Beneficial State Bank's SAM.gov registration is active through January 6, 2027.
What is Beneficial State Bank's most recent federal award?
Beneficial State Bank's most recent federal grant award is The bank enterprise award program (BEA program) provides monetary awards to fdic insured depository institutions (i.e… (241BE066416G), from Community Development Financial Institutions Fund, on September 19, 2024.
On GovTribe
See Beneficial State Bank's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors