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The company bought Parliament Leasing in 1977, and First Texas Financial Corp., a savings and loan, in 1978. In 1977, Beneficial entered the reinsurance business through its insurance subsidiaries, but this business caused significant financial losses in the 1980s. Beneficial downsized this business and emphasized its second mortgage business. [3]
Beneficial Financial Group is an insurance and financial services company based in Salt Lake City, Utah. It is a subsidiary of Deseret Management Corporation (DMC), [1] the for-profit arm of the Church of Jesus Christ of Latter-day Saints (LDS Church). The company was founded in 1905 [2] and as of its 2013 fiscal year end had assets of $3.0 ...
Company/Organization Sector Local Full-time Employment Ohio State University* Education: 29,685 The State of Ohio* Government: 22,030 JPMorgan Chase: Financial Activities: 16,975 OhioHealth* Health Care: 16,000 Nationwide* Financial Activities: 11,235 United States Government: Government: 10,800 City of Columbus* Government: 8,653 Columbus ...
In 1954, the Columbus Transit Company began leasing offices there as well, sharing the space with the finance company until 1960, when the Ohio Finance Co. went out of business. The transit company left the space in 1970 (its services replaced by COTA in 1971–74), and the building sat vacant for about fifteen years. It has been used minimally ...
Beneficial Financial Group, an insurance and financial services company founded in 1905 and run by The Church of Jesus Christ of Latter-day Saints Beneficial State Bank , a community development bank founded in 2007 that serves California and the Pacific Northwest
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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 ]
From 1928 to 1929, the building housed the Columbus office of its architect firm, Simons, Brittain & English. The building is only one of two bank and office towers by the firm still known to be standing, and the only one in the Art Moderne/Deco styles. The other still standing is the City Savings Bank & Trust Company building in Alliance, Ohio ...