请输入您要查询的百科知识:

 

词条 Beneficial Bank
释义

  1. History

  2. References

  3. External links

{{Distinguish|Beneficial Corporation}}{{Infobox company
|name = Beneficial Bank
|type = Public
|traded_as = Formerly {{NASDAQ|BNCL}}
Russell 2000 Component
|foundation = 1853
|location = Philadelphia, Pennsylvania, United States
|key_people = Gerard P. Cuddy, president and CEO
|industry = Finance
|products = Financial services
|assets = US $4.7 billion
|num_employees = 950+
|homepage = {{url|thebeneficial.com}}
}}Beneficial Mutual Bancorp, Inc. operated Beneficial Bank, a full-service bank whose assets totaled approximately $5 billion upon its acquisition by WSFS in 2019. Founded in 1853, Beneficial was the oldest and largest bank headquartered in Philadelphia, Pennsylvania with more than 58 locations throughout Pennsylvania and Southern New Jersey.[1] The bank provided financial services including personal and business banking, mortgages and loans, wealth management, business and insurance services.[1]

History

Beneficial Bank's foundation was built on Saint John Neumann's vision of providing a safe, secure place for Philadelphia's immigrants to deposit their savings. Members of the Board of Managers of St. Joseph's Hospital met in 1853 to discuss starting a saving fund society. That same year, the Beneficial Saving Fund Society was incorporated. In 1854, Beneficial Bank began operations.[2]

The bank celebrated its 160th anniversary in 2013. In 2005, Beneficial completed its acquisition of the insurance firm Paul Hertel & Co., through a subsidiary of the bank, Beneficial Insurances, LLC.

Beneficial has made other major acquisitions in recent years, including the FMS Financial Corporation (the parent company of Farmers & Mechanics Bank) and St. Edmond's Federal Savings Bank. The bank's most recent acquisition was the 2015 purchase of Conestoga Bank of Chester Springs, Pennsylvania.

Beneficial completed its conversion to a publicly traded company in early 2015, and was advised by Sandler O'Neill and Partners.[3]

In 2014, Beneficial moved its headquarters to 1818 Market Street in Philadelphia, at which point the building was renamed 1818 Beneficial Bank Place.[4]

WSFS and Beneficial announced that WSFS would acquire Beneficial, with the deal expected to close in early 2019.[5] The deal ultimately closed March 1st, 2019.

References

1. ^{{cite web|url=https://www.thebeneficial.com/|title=Beneficial Bank|last=Beneficial Bank|publisher=Beneficial Bank|accessdate=9 July 2015}}
2. ^{{cite web|url=http://www.philly.com/philly/blogs/inq-phillydeals/Phillys-largest-bank-to-sell-majority-stake.html|title=Beneficial, Philly's largest bank, to sell majority stake|last=DiStefano|first=Joseph N.|date=15 August 2014|publisher=Philly.com|accessdate=9 July 2015}}
3. ^{{cite web|url=http://www.philly.com/philly/blogs/inq-phillydeals/Beneficial-Bank-Share-sales-weak.html|title=Beneficial Bank: Weak stock offering; 'fraudulent texts'|last=DiStefano|first=Joseph N.|date=2 December 2014|publisher=Philly.com|accessdate=9 July 2015}}
4. ^{{cite web|url=http://www.phillymag.com/property/2013/04/10/beneficial/|title=Today: 1818 Market Street Is Renamed, Becomes Beneficial’s Corporate Headquarters|last=Spikol|first=Liz|publisher=Philadelphia Magazine|accessdate=9 July 2015}}
5. ^{{cite web|url=https://www.nasdaq.com/g00/press-release/wsfs-financial-corporation-announces-combination-with-beneficial-bancorp-inc-creating-the-largest-20180808-00600?i10c.encReferrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8%3D&i10c.ua=1&i10c.dv=14|title=WSFS Financial Corporation Announces Combination with Beneficial Bancorp, Inc., Creating the Largest, Premier, Locally-Headquartered Community Bank for the Greater Delaware Valley|date=8 August 2018|publisher=Nasdaq|accessdate=29 August 2018}}

External links

  • [https://www.thebeneficial.com TheBeneficial.com], Official website
{{Philadelphia Corporations}}

4 : Banks based in Pennsylvania|Banks established in 1853|Companies based in Philadelphia|2019 disestablishments in Pennsylvania

随便看

 

开放百科全书收录14589846条英语、德语、日语等多语种百科知识,基本涵盖了大多数领域的百科知识,是一部内容自由、开放的电子版国际百科全书。

 

Copyright © 2023 OENC.NET All Rights Reserved
京ICP备2021023879号 更新时间:2024/11/11 9:22:53