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Beneficial Bank

Type: Company

Name: Beneficial Bank

First reported May 15 2013 - Updated May 15 2013 - 1 reports

6-month CD rates in Philadelphia, Pennsylvania

You probably won't find an amazing rate from banking products right now, but there are some decent yields out there. In fact, there's one institution in our survey that has been offering 0.61 percent on 6-month CD rates in Philadelphia, PA, for quite ... [Published Bankrate.com - May 15 2013]

Entities: Beneficial Bank, yield, Twitter

First reported Apr 25 2013 - Updated Apr 25 2013 - 1 reports

Beneficial Mutual Bancorp, Inc. Announces Quarter Ended March 31,

(GLOBE NEWSWIRE) -- Beneficial Mutual Bancorp, Inc. ("Beneficial") (Nasdaq:BNCL), the parent company of Beneficial Bank (the "Bank"), today announced its financial results for the quarter ended March 31, 2013. Beneficial recorded net income of $3.2 million, ... [Published Nasdaq - Apr 25 2013]

Entities: Beneficial Mutual Bancorp, Beneficial Bank, Prepayment, Environment, Mortgages

First reported Apr 25 2013 - Updated Apr 25 2013 - 1 reports

Hopping for a Good Cause

Temple Sinai is teaming up with Action Karate to hold another hop-a-thon this Friday to raise money for the Muscular Dystrophy Association (MDA).Sinai hosted its first hop-a-thon last year , raising more than $800 for the MDA, according to Matthew Brenner, ... [Published Cinnaminson Patch - Apr 25 2013]

Entities: Action, Beneficial Bank, Muscular Dystrophy Association

First reported Apr 19 2013 - Updated Apr 19 2013 - 1 reports

Beneficial Bank Inks 15-Year Lease in Philly High-Rise

By Keith Loria, Contributing EditorBeneficial Bank, the oldest bank in Philadelphia, has signed a 15-year lease at 1818 Market St., taking four floors and 95,764 square feet in the million-square-foot high-rise owned by Sovereign Capital Management G ... [Published Commercial Property Executive - Apr 19 2013]

Entities: Beneficial Bank, Chris Lange, Philadelphia (Pennsylvania, United States), Penn Mutual, Sovereign Capital Limited

First reported Apr 18 2013 - Updated Apr 18 2013 - 1 reports

1818 Market Gets New Tenant, New Name

Beneficial Bank Inks 15 Year Lease for 96,000 SFBeneficial Bank has leased 95,764 square feet on four floors at 1818 Market St. in Philadelphia, PA for a 15-year term. As part of the deal, the building will be renamed 1818 Beneficial Bank Place, with ... [Published CoStar Group - Apr 18 2013]

Entities: Beneficial Bank, Market, Philadelphia (Pennsylvania, United States)

First reported Apr 15 2013 - Updated Apr 15 2013 - 1 reports

Traffic Improvements Coming to Busy Intersection

By early summer, construction could be underway for a complete overhaul of an entranceway into Horsham Township , an official told Patch.Limekiln Pike and Welsh Road, which border Upper Dublin Township, will undergo roughly $800,000 in traffic and aesthetic ... [Published Hatboro-Horsham Patch - Apr 15 2013]

Entities: Bill Walker, Beneficial Bank, Stormwater, Construction, Thanksgiving

First reported Apr 10 2013 - Updated Apr 10 2013 - 2 reports

Penn Mutual

Beneficial Bank moving HQ to 1818 Market St.

Looking for a new headquarters, Gerard P. Cuddy, chief executive of Beneficial Bank, the biggest and oldest bank still based in Philadelphia, has been cruising the tenants' market that is Center City's office-rental scene."We analyzed space in 28 buildings," ... [Published Philadelphia Inquirer - Apr 10 2013]

Entities: Beneficial Bank, Market, Sovereign Capital Limited, Penn Mutual, Philadelphia (Pennsylvania, United States)

First reported Apr 09 2013 - Updated Apr 09 2013 - 1 reports

7 unlikely bank-branch services

Today 8:29 AM ET (MarketWatch)PrintUmpqua BankOut with the loan officers, in with the yoga instructors. Oregon-based Umpqua Bank, like many banks, is experimenting with wide-ranging initiatives to draw customers to its branches (or "stores," as the financial ... [Published TD Ameritrade - Apr 09 2013]

Entities: Beneficial Bank, HomeStreet Bank, Umpqua Bank

First reported Apr 09 2013 - Updated Apr 09 2013 - 1 reports

Learning To 'Lean In' After A Career Setback

By Liz Brenner, Senior Director, Talent Marketing, SAPIn March of 2003, my career was in full swing. I was a business consultant for a top firm traveling weekly to visit clients. The work was engaging – I was learning so much – and I was getting great ... [Published Forbes.com - Apr 09 2013]

Entities: Beneficial Bank, Pregnancy, Sheryl Sandberg, Leadership, Comcast Corporation

First reported Apr 08 2013 - Updated Apr 08 2013 - 1 reports

Armed Robbery of Beneficial Bank Branch in Philadelphia

The Philadelphia Police Department and the FBI are seeking the publics assistance to identify and locate the subject responsible for this afternoons armed robbery of the Beneficial Bank branch located at 1411 Rhawn Street in the citys Fox Chase section. ... [Published 7thSpace - Apr 08 2013]

Entities: Beneficial Bank, Philadelphia (Pennsylvania, United States), Armed Robbery

First reported Apr 08 2013 - Updated Apr 08 2013 - 1 reports

Bank to make announcement on new offices

Beneficial Bank is scheduled to make its decision to relocate its corporate headquarters to 1818 Market St. official on Wednesday afternoon when it holds a press conference in the lobby of Center City building.The 40-story tower has 981,000 square feet ... [Published Philadelphia Business Journal - Apr 08 2013]

Entities: Zurich American Corporation, Beneficial Bank, American College of Radiology, Five Below Inc

First reported Mar 08 2013 - Updated Mar 08 2013 - 1 reports

Beneficial Bank opens unique bank in Devon, donates to Tredyffrin Library

While the age of internet banking was supposed to spell the beginning of the end for brick and mortar banks, a Beneficial Bank aims to modernize at its newly opened location in the Devon Village Shopping Center.Dating to 1853, Beneficial is the oldest ... [Published Main Line Life - Mar 08 2013]

Entities: Beneficial Bank, Donations, Philadelphia (Pennsylvania, United States), Education, South Jersey Industries Inc

Quotes

The analysts wrote, "Beneficial Mutual Bancorp (BNCL) has been downgraded by TheStreet Ratings from buy to hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and disappointing return on equity."

Beneficial Mutual Bancorp Downgraded to Hold at TheStreet (BNCL) [Published American Banking News - Apr 29 2013]

Gerard Cuddy, Beneficial's President and CEO, stated, "We are encouraged by the continued improvement in our asset quality metrics as we experienced a 33.7% decrease in our non-performing assets at March 31, 2013 compared to a year ago. During the first quarter of 2013, earnings remain challenged given the slow growing economy and the related lack of loan demand in our markets. The low interest rate environment also resulted in net interest margin compression for the quarter and we expect that the continued low interest rate environment will put pressure on net interest margin in future periods. We remain focused on increasing profitability, further reducing our non-performing asset levels, growing our commercial loan portfolio, controlling expenses and increasing our retail and commercial customer base. During the quarter we entered into a lease for new headquarters space at 1818 Market Street, soon to be renamed '1818 Beneficial Bank Place.' This long term lease renews our commitment to remain the oldest and largest Philadelphia-based bank. Our new location will increase our visibility in the City and will be in the heart of the business district. We remain committed to our customers by delivering an education-based experience through The Beneficial Conversation and have made it our mission to always help them do the right thing financially."

Beneficial Mutual Bancorp, Inc. Announces Quarter Ended March 31, [Published Nasdaq - Apr 25 2013]

"Beneficial is the oldest Philadelphia-based bank in the city. They have a wonderful location in the old Penn Mutual Building directly behind Independence Hall. While iconic, the location is not the best for a company seeking to engage Philadelphia business. By moving 12 blocks north, the Bank has the opportunity to magnify its identity in whole new ways. The city retains an important corporate presence and the job growth associated with that and the building is filled, allowing ownership to move forward with its plans" said David Binswanger

1818 Market Gets New Tenant, New Name [Published CoStar Group - Apr 18 2013]

"We analyzed space in 28 buildings," Cuddy said Tuesday. "This is a good time to be a shopper looking for 100,000 square feet in Philadelphia. David Binswanger, our broker, is extraordinary. This wasn't a transaction for him; it was like a mission."

Beneficial Bank moving HQ to 1818 Market St. [Published Philadelphia Inquirer - Apr 10 2013]

More Content

sort by: Date \| Relevance
6-month CD rates in Philadelphia, Pennsylvania [Published Bankrate.com - May 15 2013]
Beneficial Mutual Bancorp Rating Lowered to Mar... [Published American Banking News - Stock Ratings - May 12 2013]
TheStreet Ratings Top 10 Rating Changes [Published TheStreet.com - Apr 30 2013]
Beneficial Mutual Bancorp Downgraded to Hold at... [Published American Banking News - Apr 29 2013]
Beneficial Mutual Bancorp, Inc. Announces Quart... [Published GlobeNewswire: Advertising News - Apr 25 2013]
Beneficial Mutual Bancorp, Inc. Announces Quart... [Published Nasdaq - Apr 25 2013]
Hopping for a Good Cause [Published Cinnaminson Patch - Apr 25 2013]
Beneficial Bank Inks 15-Year Lease in Philly Hi... [Published Commercial Property Executive - Apr 19 2013]
1818 Market Gets New Tenant, New Name [Published CoStar Group - Apr 18 2013]
Traffic Improvements Coming to Busy Intersection [Published Hatboro-Horsham Patch - Apr 15 2013]
Beneficial Bank moving HQ to 1818 Market St. [Published Philadelphia Inquirer - Apr 10 2013]
Beneficial Bank is moving its headquarters to 1... [Published Philly.com - Apr 10 2013]
BCC Career Fair draws a crowd [Published PhillyBurbs.com - Apr 10 2013]
UPDATE 1: Banks branch into beer, yoga [Published TD Ameritrade - Apr 09 2013]
7 unlikely bank-branch services [Published TD Ameritrade - Apr 09 2013]
Learning To 'Lean In' After A Career Setback [Published Forbes.com - Apr 09 2013]
Armed Robbery of Beneficial Bank Branch in Phil... [Published 7thSpace - Apr 08 2013]
Bank to make announcement on new offices [Published Philadelphia Business Journal - Apr 08 2013]
Beneficial Bank opens unique bank in Devon, don... [Published Main Line Life - Mar 08 2013]
Cooking on all burners in Berwyn: Restaurants i... [Published Main Line Life - Feb 19 2013]
Beneficial Mutual Bancorp, Inc. Announces Quart... [Published GlobeNewswire: Advertising News - Jan 31 2013]
Deadline is here for Nova Bank's creditors to f... [Published Philadelphia Inquirer - Jan 30 2013]
Daniel Haley Jr., 92, paint-firm president [Published Philadelphia Inquirer - Jan 24 2013]
People in the News [Published Philadelphia Inquirer - Jan 14 2013]
Brownstein Group Named Brand Agency of Record f... [Published GlobeNewswire: Acquisitions News - Dec 04 2012]
Brownstein Group Named Brand Agency of Record f... [Published CisionWire - English - Dec 04 2012]
Philadelphia Magazine Announces Thinkfest: a Tw... [Published PRWeb - Nov 16 2012]
Business Calendar [Published Philadelphia Inquirer - Oct 28 2012]
Taste of Ardmore will be Nov. 8 [Published Main Line Life - Oct 26 2012]
Portfolio: Profits rise at DNB First [Published Daily Local News - Oct 22 2012]

Press Releases

sort by: Date \| Relevance
Beneficial Mutual Bancorp, Inc. Announces Quart... [Published GlobeNewswire: Advertising News - Apr 25 2013]
Beneficial Mutual Bancorp, Inc. Announces Quart... [Published GlobeNewswire: Advertising News - Jan 31 2013]
Brownstein Group Named Brand Agency of Record f... [Published GlobeNewswire: Acquisitions News - Dec 04 2012]
Brownstein Group Named Brand Agency of Record f... [Published CisionWire - English - Dec 04 2012]