Regenerative Banking? Yes!

OFS is proud to welcome sponsorship support from Beneficial State Bank (BSB) for our Farm Friday Community Potlucks on July 19 and August 16. We have been BSB customers for more than ten years, and we chose them because of their strong values around social, economic, and environmental equity. It was also inspiring to us that the founders of the bank started an educational foundation, focused on regenerative farming and ranching, and soil development.

Historically, banks have enabled concentration of wealth and power, prioritizing profit over all else. The founders of BSB set out to design a new kind of community bank — one that placed equal priority on people, planet and long-term financial sustainability. For more than 35 years, BSB and its predecessor institutions have shown that a different type of bank — a beneficial bank — is possible. Through it’s unique model — BSB’s assets are held by a foundation and not by private shareholders — BSB produces meaningful social justice and environmental impacts while being financially sustainable. In other words, we think they are bringing regenerative concepts to the economic realm.

We hope you give them a warm welcome at the Farm this Friday, and that you ask them questions about their values and mission, and how their approach is supporting good work throughout the Puget Sound Region and beyond.

Please visit their website to learn more: https://beneficialstate.org/