AltaSea Board Treasurer, Senior Vice President, Director of Client and Treasury Management, Beneficial State Bank
Monique Johnson, an executive banker in the industry for close to 35 years, is Beneficial State Bank’s Senior Vice President, Director of Client and Community Partnerships in addition to the Bank’s CRA Officer. Ms. Johnson was initially hired as the Head of Retail Banking in California in 2016.
Monique has been on executive management teams for the past 20 years. Before joining Beneficial State Bank, her previous position was Chief Operating Officer of SunPac, LLC, a banking investment vehicle with the strategy of starting up a new bank in Los Angeles. Prior to that role, Monique was Director of Relationship Management and Marketing in addition to serving as CRA Officer and Co-Chair of the enterprise-wide company giving program at Wedbush Bank in Los Angeles, California. Her extensive background includes working in every type of banking department from de novo banks to those with $15 billion in assets including the former Imperial Bank. Ms. Johnson has been an anchor in Southern California over the past 27 years with private, community and commercial banks overseeing regional banking offices while instrumental in managing the entire sales and client relationships in addition to all marketing and branding initiatives, operational processes and efficiencies, high touch service, technological advances within systems and products, positive compliance and training cultures, facility management and community, corporate and investor relations.
Ms. Johnson earned a Bachelor of Business Administration degree in finance with a specialization in commercial loan management from Iowa State University. She is a board trustee, treasurer and secretary at AltaSea, an organization bringing together leaders in science, business and education to generate innovative solutions to global challenges of human and environmental sustainability. From feeding the earth’s growing population to providing long-term employment and ocean-related careers, AltaSea is a unique model at the Port of Los Angeles. She is also an advocate, board member and the current education committee chair of Junior Achievement of Southern California reaching from Bakersfield to Orange County. Junior Achievement’s mission is to empower young people to own their economic success and stay in school through financial literacy, entrepreneurship and work readiness programs. She was a founding committee member and remains active in Community Resource Exchange (CREX) which develops introductions and new initiatives between CRA-qualified, community-based organizations and banks in the Greater Los Angeles area. In 2015, she was honored by the California “got milk” Foundation with the Better Future Moms – Los Angeles award for her role as a professional, community advocate and mother. She has been involved in other community organizations over the past few decades including Los Angeles Economic Development Corporation and Culver City Chamber of Commerce.
Monique lives in Hermosa Beach, California, with husband and two daughters who are focused on global environmental sustainability and green commercial architecture.
About Beneficial State Bank:
Beneficial State Bank’s mission is to build prosperity in our communities through beneficial banking services delivered in an economically and environmentally sustainable manner. Beneficial State Bank grew from the vision of Tom Steyer and Kat Taylor and the team they formed to create a triple bottom-line (planet and people before profit) bank and a supportive nonprofit foundation of the same name. In 2007, that vision was realized when OneCalifornia Bank and OneCalifornia Foundation opened in Oakland. Fashioned in the image of the great socially responsible banks and credit unions of national and international fame, the Bank is mandated to produce meaningful social justice and environmental benefits at the same time that it is financially sustainable. The Foundation owns a majority of the economic rights of the Bank — when profits of the Bank are distributed, they can only be distributed to the Foundation which is mandated to reinvest those proceeds back into the communities and the environment on which we all depend. In our theory and experience, this ownership model aligns our incentives with the triple bottom line and the values of our bank customers. Today, Beneficial is in 7 locations within California, Oregon and Washington, an FDIC-insured commercial bank, a “Best for the World since 2013” Certified B Corporation, a Community Development Financial Institution, a member of Global Alliance for Banking on Values in addition to Just and supports 150% of living wage in all markets.