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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]
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.
When a new tenant was ready to take the store's place in the 1950s, the men's store was relocated to the Wanamaker Building down the street. [14] In the early 1950s, the Philadelphia National Bank (PNB) needed to expand into a larger space than it currently occupied. On November 3, 1952, the bank bought the Lincoln-Liberty Building for US$8.75 ...
A building which once contained the Bailey Banks & Biddle flagship store and at which the company was flagship occupant exists as at 1218 Chestnut Street near Philadelphia City Hall. It is now a multi tenant corporate office building owned by the Thylan Associates. It backs onto the adjoining former factory building on Sansom Street.
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Society Hill is named after the 17th-century Free Society of Traders, which had its offices at Front Street on the hill above Dock Creek. [14] The Free Society of Traders was a company of elite merchants, landowners, and personal associates of William Penn who were granted special concessions in order to direct the economy of the young colony.
The U.S. central bank started easing monetary policy in September, and a third rate cut is expected this month. But potential changes in trade policy have left the path for further rate reductions ...
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