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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]
The bank spent millions of dollars modernizing the building and converting the former department store floors to banking space. [15] [16] Among the changes was the addition of a sign with the bank's initials in 1955. [17] The bank officially opened in what was now called the PNB Building on January 16, 1956.
The bank was founded in Philadelphia on September 8, 1803, as The Philadelphia Bank. George Clymer was the bank's first president. Later, the bank became known as Philadelphia National Bank, or PNB. During the early years of the United States, Philadelphia developed as the banking center of the country.
Ohio-based Huntington National Bank is expanding into the Carolinas with dozens of retail branches and about 350 jobs, ... about 40 finance employees at One South at 101 S. Tryon St. in uptown ...
1818 Market Street (also known as 1818 WSFS Bank Place) is a 40-story skyscraper in downtown Philadelphia, Pennsylvania. [1] The building was designed by the firm Ewing Cole Cherry Brott (now EwingCole). [2] Construction began on the property in 1972.
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