Starting smarter banking

We opened the Beneficial Saving Fund Society of Philadelphia - now Beneficial Bank - to give the growing immigrant labor force a safe place to keep their savings.


Growing to serve you

We moved our headquarters to 12th and Chestnut.


Teaching children how to save

We launched the Beneficial In School Savings Program to help teach children the value of money. Since then it’s grown and evolved into the Financial Literacy program we take to the schools, nonprofits and businesses in our community – in 2015, we dedicated over 1,000 literacy hours to the program.


Helping you stay protected

Beneficial Mutual Savings Fund gave bank customers more ways to protect their assets when they created Beneficial Insurance Services,* acquiring Paul Hertel & Company and the CLA agency in 2007. Today, Beneficial Insurance Services has more than $100 million in premium volume.


Discovering new ways to help you

Beneficial Bank grew throughout the neighborhoods of the Delaware Valley when we acquired FMS Financial Corporation, the parent company of Farmers and Mechanics Bank.


Reaching out to the community

We started the Blue Gooders program – a team of Beneficial employees dedicated to supporting our community. Through this program, our employees volunteer an average of 4,000 hours each year.


Your Knowledge Bank

We opened our first campus, which was designed to create a new kind of banking experience for our customers. Campuses help start the conversation and let us help you make smarter choices with your money through workshops, resources in our Financial Learning Libraries™, Conversation Stations and more.


Growing throughout the Delaware Valley

We acquired the St. Edmond's Federal Savings Bank, continuing our growth throughout the Delaware Valley and giving us more chances to serve you.


Finding a new home

Beneficial moved its headquarters to “1818 Beneficial Bank Place” on Market Street.


Giving you more ways to bank

As the oldest and largest bank headquartered in Philadelphia, we’re a full service financial institution with more than $5.5 billion in assets, more than 63 offices in PA and NJ, over 65 financial products and services and nearly 1,000 employees.

We know smarter banking starts
with a conversation.

So stop by any of our branches, tell us where you are in
life and we'll walk you through your options.

Find your Branch

Service Alert

We are currently experiencing issues with Business Online Banking and Corporate Online Banking

Service Alert

We are currently experiencing technical issues with Business Online Banking and Corporate Online Banking and they are both unavailable at this time.  We apologize for any inconvenience this may cause.