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Beneficial Corporation was one of the largest consumer finance companies in the United States, prior to its acquisition by Household International, Inc. in 1998. Beneficial began as the Beneficial Loan Society in 1914 in Elizabeth, New Jersey , founded by “Colonel” Clarence Hodson (1868-1928).
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 ]
With jurisdictions that recognize this form of business, a benefit corporation is intended "to merge the traditional for-profit business corporation model with a non-profit model by allowing social entrepreneurs to consider interests beyond those of maximizing shareholder wealth."
Beneficial Finance, a former division of HSBC Finance, and a part of their acquisition of Beneficial Corporation; Beneficial Bank, a full-service bank founded in 1853 operating in Pennsylvania and New Jersey; Beneficial Financial Group, an insurance and financial services company founded in 1905 and run by The Church of Jesus Christ of Latter ...
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).
Finn Michael Westby Caspersen Sr. (October 27, 1941 – September 7, 2009) was an American financier and philanthropist. A graduate of the Peddie School, Brown University and Harvard Law School, he was chairman and chief executive of Beneficial Corporation, one of the largest consumer finance companies in the United States.
Beneficial State Bank (formerly One PacificCoast Bank, FSB; and OneCalifornia Bank) is an Oakland, California-based community development bank.The bank was founded in 2007 by billionaire philanthropist and former presidential candidate Tom Steyer and his wife Kat Taylor, to provide loans and banking services to individuals in low wealth communities, including entrepreneurs and existing businesses.
the Ethical Policy requires that all business accounts are screened at the time of account opening by the staff person dealing with the member. Social and environmental risks of larger business banking loans (non-credit-scored loans) are assessed at the time of the loan application, guided by the Ethical Policy and Lending Policies.