Company type | Public |
---|---|
Formerly Nasdaq: BNCL Russell 2000 Component | |
Industry | Finance |
Founded | 1853 |
Defunct | 2019 |
Fate | Acquired by WSFS Bank |
Headquarters | Philadelphia, Pennsylvania, U.S. |
Key people | Gerard P. Cuddy, president and CEO |
Products | Financial services |
Total assets | US $4.7 billion |
Number of employees | 950+ |
Website | thebeneficial.comArchived |
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, with more than 58 locations throughout Pennsylvania and South Jersey.[1] The bank provided financial services including personal and business banking, mortgages and loans, wealth management, business and insurance services.[1]