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| Additional information |
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| One Pacificcoast Bank, FSB |
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Mission statement:
The Mission of One PacificCoast Bank, FSB, is to build prosperity in our communities through beneficial banking services delivered in an economically and environmentally sustainable manner. |
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Overview:
One PacificCoast Bank, FSB, is an FDIC-insured Community Development Financial Institution (CDFI) that serves businesses, nonprofit organizations, and individuals. One PacificCoast Bank operates from a triple-bottom-line measuring its financial, social, and environmental impact to meet the needs of its communities. The bank is headquartered in Oakland, California with branches in Seattle, Washington, Ilwaco, Washington, and Portland, Oregon.
The One PacificCoast Foundation supports the goals of One PacificCoast Bank by creating initiatives and engaging in programs that increase access to financial services, help alleviate economic distress, strengthen community development, and improve financial literacy. The One PacificCoast Foundation holds the economic rights of the Bank, which means when dividends are declared the funds support the Foundation’s programs. |
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Vision:
Our vision is of a banking industry that is fair to the person with the least bargaining power; provides access to financial services for all our communities, particularly the traditionally underserved; results in the long-term prosperity of responsible consumers; promotes financial system stability; and contributes to the sustainability of the environmental commons. We call this vision beneficial banking. |
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History:
One PacificCoast Bank, FSB (formerly OneCalifornia Bank), grew from the vision of Tom Steyer and Kat Taylor and the team they formed to create a sustainable, meaningful community development bank and a supporting nonprofit organization. In 2007, that vision was realized when OneCalifornia Bank and OneCalifornia Foundation opened in Oakland.
In December 2010, OneCalifornia bank acquired ShoreBank Pacific and changed its name to One PacificCoast Bank. The merger greatly expanded its reach on the West Coast, and enhanced its capacity to serve its mission. ShoreBank Pacific, a pioneer of mission-driven banking, began operations in 1997 in Ilwaco, Washington, as the first commercial bank in the United States with a commitment to sustainable community development.
One PacificCoast Bank, FSB, focuses on economic and environmental sustainability and takes a triple-bottom-line approach to community and environmental banking. We believe that a healthy environment is necessary for economic prosperity. We also believe that we can be a catalyst for positive change in our communities by providing fair, transparent, and sustainable banking products and services. |
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| Formerly known as:
Onecalifornia Bank, Fsb |
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| Toll Free:
+1 866 550 1225 |
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