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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]
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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 Philadelphia station was essentially built on stilts, with its main entrance from the Chestnut Street Bridge, 30 feet above grade level. The B&O tracks ran along the east bank of the Schuylkill River and under the bridge. Furness mixed Flemish Revival detailing with an industrial aesthetic of brick, iron and glass.
A bank holiday, like a weekend, can affect how long it takes for funds from a check to become available in your account. Bank holidays 2025 In 2025, the Federal Reserve will observe 11 federal ...
In 1926, the bank merged with the Philadelphia Trust Company, established in 1869, to become the Fidelity-Philadelphia Trust Company. [10] 1928 was the Fidelity-Philadelphia Trust Company the trustee of shares from the Alex. Wolfington's Son, Inc. In 1928, the bank erected a 29-story headquarters building at 123-151 South Broad Street in ...
Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The Federal Deposit Insurance Corp. said Friday it had seized the Philadelphia ...
Farmers and Merchants Bank, Columbus, Wisconsin (1919) Henry Adams Building, Algona, Iowa (1913) Home Building Association Company, Newark, Ohio (1915) Merchants' National Bank, Grinnell, Iowa (1914) National Farmer's Bank, Owatonna, Minnesota (1908) Peoples Savings Bank, Cedar Rapids, Iowa (1912) Purdue State Bank, West Lafayette, Indiana (1914)
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