“Beneficial State Bank’s mission is to practice beneficial banking in harmony with nature, to help more people and help people more,” said the bank’s CEO Randell Leach. “I am proud of our team for achieving amazing results in 2021 and demonstrating that socially responsible banking isn’t just possible, it’s essential to a sustainable and inclusive economy.”
In 2021, Beneficial State Bank provided $286 million in loans to mission-aligned affordable housing, supporting over 8,700 units. The bank also loaned $94 million to the environmental sustainability sector, plus $93 million to the Paycheck Protection Program, supporting 778 small businesses.
Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.