BENEFICIAL BANK
- Bank Name:Beneficial Bank
- Bank Class:State Chartered Savings Bank
- FDIC ID:Certificate #15697 - Inactive
- FED RSSD ID:#810919 - Inactive
HISTORY OF BENEFICIAL BANK
Beneficial Bank was established in April 1853 and headquartered in Philadelphia, Pennsylvania. The bank operated as a subsidiary of Beneficial Bancorp, Inc.. Beneficial Bank was classified as a savings banks, state charter, supervised by the FDIC. Beneficial Bank is no longer doing business under that name. To view branches, routing numbers, phone numbers and business hours; you can check WSFS Bank page.
Below is a list of some important events in banks history, including mergers and acquisitions.
DATEEVENT
1853-04-20 -Institution established. Original name: The Beneficial Saving Fund Society of Philadelphia.
1959-05-29 -Changed Institution Name to Beneficial Mutual Savings Bank.
2003-12-31 -Main Office moved to 530 Walnut Street, Philadelphia, PA 19106.
2004-08-24 -Changed Bank Class to FDIC Supervised State Savings Bank.
2004-08-24 -Changed Organization Type to Stock Savings Bank.
2005-11-10 -Acquired Northwood Savings Bank (35034) in Philadelphia, PA.
2007-07-13 -Acquired Farmers and Mechanics Bank (28435) in Burlington, NJ.
2011-04-14 -Changed Institution Name to Beneficial Mutual Savings Bank.
2012-04-02 -Acquired St. Edmond's Federal Savings Bank (28916) in Philadelphia, PA.
2014-02-01 -Main Office moved to 1139 Chestnut Street, Philadelphia, PA 19107.
2015-01-15 -Changed Institution Name to Beneficial Bank.
2016-04-15 -Acquired Conestoga Bank (27013) in Chester Springs, PA.
2019-03-01 -Merged and became part of Wilmington Savings Fund Society, Fsb (17838) in Wilmington, DE.
BENEFICIAL BANK REVIEWS & COMPLAINTS
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