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Does Beneficial Bank still exist?

By Benjamin Ward

Does Beneficial Bank still exist?

Beneficial, founded in Philadelphia in 1853, currently has 72 offices, including 61 bank branches.

What is Beneficial Bank called now?

WSFS and Beneficial announced that WSFS would acquire Beneficial, with the deal expected to close in early 2019. The deal ultimately closed March 1, 2019. Beneficial offices as well as some WSFS offices were consolidated and/or rebranded under the WSFS name on August 26.

Who took over Beneficial Bank?

WSFS Financial Corporation
WILMINGTON, Del. , March 01, 2019 (GLOBE NEWSWIRE) — WSFS Financial Corporation (Nasdaq: WSFS) (“WSFS”), the parent company of WSFS Bank , has completed the acquisition of Beneficial Bancorp, Inc. and its primary subsidiary, Beneficial Bank , and is now operating as one Company.

Is Beneficial Bank now WSFS?

WSFS Financial Completes Integration and Rebranding of Beneficial Bank into WSFS Bank. WILMINGTON, Del. , Aug. 26, 2019 (GLOBE NEWSWIRE) — WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS”) has completed the systems integration and rebranding of Beneficial Bank into its primary subsidiary, WSFS Bank .

Is Beneficial Bank a good bank?

With a score of 4.3 out of 5 stars, Beneficial State Bank should be solidly in contention for your choice of bank. Beneficial State Bank has a fair savings rate; other popular banks have higher rates. If you’re interested in stress-free personal checking, the bank’s standard checking does not have a monthly charge.

Where is beneficial State Bank located?

Beneficial State Bank

TypePrivate
Founded2007
HeadquartersOakland, California, United States
Number of locations18 (2019)
Area servedCalifornia, Oregon, Washington

What banks did WSFS buy?

and BRYN MAWR, Pa., March 10, 2021 (GLOBE NEWSWIRE) — WSFS Financial Corporation (NASDAQ: WSFS) and Bryn Mawr Bank Corporation (NASDAQ: BMTC), jointly announced today the signing of a definitive merger agreement whereby Bryn Mawr Bank Corporation (“Bryn Mawr”) will merge with WSFS Financial Corporation (“WSFS”), in a …

Is Beneficial State Bank FDIC insured?

Additionally, Beneficial State Bank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.