PHILADELPHIA, PA DECEMBER 6, 2012: Beneficial Bank today announced the addition of six new staff members to its team that will better position the Bank for future growth and opportunities.
Edward Mason has been hired as Chief Auditor, with responsibility for the Bank's Internal Audit function. Mason has more than 30 years of experience in the financial services industry, most recently with Sovereign Bank. He resides in Harleysville, Pa.
Lara Stefanelli, with more than 20 years of experience with control programs, compliance and project and risk management, has been hired as Vice President, Director of Compliance and Operational Risk, where she oversees Compliance, Information Security and Self-Assessments. She was most recently with JP Morgan Chase and lives in Philadelphia.
Robert Delany has been hired as Senior Credit Officer, with responsibility and focus on Commercial Real Estate and Construction. He possesses more than 25 years of banking experience, most recently with Toronto Dominion. He is a resident of Huntingdon Valley, Pa.
Shane Mitzner has joined Beneficial Bank as Vice President, Loan Workout Officer, and is responsible for directly managing customer relationships that have been transferred to the Special Assets Group. He was previously VP, Special Assets at Sun National Bank and lives in Cherry Hill, New Jersey.
John L. Thomas and John S. Frame have been hired as new Vice Presidents, Commercial Lending. Thomas obtained his experience in commercial lending and credit management with Ally Financial, JP Morgan Chase and Wachovia, and lives in Richboro, Pa. Frame, a Philadelphia resident, brings his prior experience in commercial, business and retail banking to Beneficial Bank from Toronto Dominion and Citizens Bank.
For more information about Beneficial Bank, please visit www.thebeneficial.com.
About Beneficial Bank
Founded in 1853, Beneficial Bank is the oldest and largest bank headquartered in Philadelphia. It is a community-based, full-service financial services company that has served individuals and businesses in the Delaware Valley for 159 years. With over 60 offices in the greater Philadelphia and South Jersey regions and approximately $5 billion in assets, Beneficial offers a full array of financial products that includes commercial, consumer and real estate lending, insurance and wealth management. Visit www.thebeneficial.com for more information.