Beneficial Bank is a customer-focused financial institution dedicated to providing comprehensive and accessible banking solutions to individuals, families, and businesses. We strive to empower our clients to achieve their financial goals through a combination of innovative technology, personalized service, and a strong commitment to community development. Our offerings include a wide range of products such as savings and checking accounts, mortgage and personal loans, business banking services, and investment and wealth management advice. At Beneficial Bank, we believe in building long-term relationships based on trust, transparency, and mutual benefit.
The headquarters serves as the central hub for executive leadership, strategic planning, corporate governance, risk management, technology infrastructure, and core operational oversight for all national branches and digital services.
The headquarters features a modern, LEED-certified design with open-plan collaborative workspaces, advanced security systems, an employee training and development center, and a flagship branch on the ground floor offering a full suite of banking services.
Beneficial Bank fosters a collaborative, inclusive, and innovative work environment. Employees are encouraged to embrace continuous learning, customer-centricity, and ethical practices. The culture promotes teamwork and empowers staff to contribute to the bank's success and community impact.
The headquarters symbolizes Beneficial Bank's stability, commitment to growth, and its role as a key player in the financial services industry. Its location provides access to a rich talent pool and key business partners.
While primarily focused on the United States market with a strong regional presence, Beneficial Bank supports its domestic clients with international needs through correspondent banking relationships and digital platforms. Key functions supported for clients with global interests include international wire transfers, foreign currency exchange, and letters of credit for trade finance. The bank does not currently maintain physical branches outside the USA but leverages technology and partnerships to serve clients' global transaction requirements.
100 Beneficial Plaza
Philadelphia
PA
USA
Address: 200 Commerce Drive, Wilmington, DE 19801
Supports the bank's extensive credit and lending portfolio, leveraging Delaware's favorable banking regulations and skilled workforce.
Address: 550 South Tryon Street, Charlotte, NC 28202
Taps into Charlotte's status as a major financial center to expand high-net-worth client services and commercial lending.
Address: 30 West Monroe Street, Chicago, IL 60603
Serves the diverse commercial and industrial base of the Midwest, providing tailored financial solutions to businesses of all sizes.
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As of April 2025, Beneficial Bank' leadership includes:
Beneficial Bank has been backed by several prominent investors over the years, including:
As Beneficial Bank was acquired by WSFS Financial Corporation in 2019, major executive changes occurred around that transition period. Since then, leadership has been integrated within the WSFS structure. Recent news would primarily reflect WSFS leadership.
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Following its acquisition by WSFS Financial Corporation, employees of the former Beneficial Bank would now likely use WSFS email formats. Common corporate email formats include [first_initial][last]@[domain] or [first_name].[last_name]@[domain].
For WSFS (which acquired Beneficial Bank): flast@wsfsbank.com or first.last@wsfsbank.com
Format
jdoe@wsfsbank.com or jane.doe@wsfsbank.com
Example
80%
Success rate
WSFS Bank Investor Relations • March 1, 2019
WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, announced the completion of its acquisition of Beneficial Bancorp, Inc., parent company of Beneficial Bank. This combination created the largest, locally-headquartered community bank in the Greater Delaware Valley....more
Philadelphia Inquirer • November 27, 2018
Shareholders of Beneficial Bancorp Inc. voted to approve the sale of the Philadelphia-based bank to WSFS Financial Corp. of Wilmington, in a stock deal valued at $1.5 billion when it was announced in August....more
GlobeNewswire • August 8, 2018
WSFS Financial Corporation and Beneficial Bancorp, Inc. announced they have entered into a definitive agreement to combine their two complementary banking franchises. The combination will create the largest and longest-standing community bank headquartered in the Delaware Valley....more
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