Beneficial Bank

Beneficial Bank
Company typePublic
Formerly Nasdaq: BNCL
Russell 2000 Component
IndustryFinance
Founded1853
Defunct2019
FateAcquired by WSFS Bank
HeadquartersPhiladelphia, Pennsylvania, U.S.
Key people
Gerard P. Cuddy, president and CEO
ProductsFinancial services
Total assetsUS $4.7 billion
Number of employees
950+
Websitethebeneficial.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]

  1. ^ a b "Beneficial Bank". Beneficial Bank. Archived from the original on 6 July 2015. Retrieved 9 July 2015.