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Beneficial Bank Breaks Ground for Two New Campuses

Beneficial Bank Breaks Ground for Two New State-of-the-Art Bank Campuses Located in Devon and Springfield, Pennsylvania

PHILADELPHIA, PA OCTOBER 22, 2012: Beneficial Bank, a full-service bank that specializes in serving the financial needs of the Greater Philadelphia Region, recently celebrated the official groundbreaking of two new bank campuses in Devon and Springfield, Pennsylvania. The new campuses are designed to be state-of-the-art, full-service flagship locations for the Bank, that will also serve as community and learning hubs.

The new Devon Beneficial Bank campus is located in Devon Village Shopping Center, at 821 West Lancaster Avenue in Devon, Chester County, and the new Springfield campus is located at 537 Baltimore Pike in Springfield, Delaware County. Both are scheduled to open in late first quarter 2013 and will provide convenient drive-thru services.

In addition, the two new Beneficial Bank campuses will offer such unique features as:

Financial Learning Library™: Stocked with recommended books and e-readers that provide consumers with the financial know-how they need to confidently approach any stage in life.

Educational Workshops: Every week, Beneficial Bank will hold free financial classes, open to all members of the community.

Knowledge Bar™: Complimentary coffee bar invites customers to grab a cup and take a tour of FinanceWorks, Beneficial's online personal finance resource.

Little Learners' Corner™: Full of activities and books to teach children about money and saving.

Conversation Stations: Experts are available at the campuses for one-on-one conversations about customers' financial goals and questions.

Community Space: Free Wi-Fi meeting space for community organizations to use the campus lounge and conference rooms to hold their meetings.

"Beneficial Bank is not only a bank, it is an education company that puts a priority on providing customers with the tools and resources that they need to become smarter about their money and do the right thing financially," said Gerard P. Cuddy, President and CEO of Beneficial Bank. "Our two new campuses in Devon and Springfield are a representation of Beneficial's education philosophy and we plan for these innovative retail banks to become the blueprint for the next generation of Beneficial Banks."

The Devon campus will be the second located in Chester County, joining one on Main Street in Exton. The Springfield campus will join six existing Beneficial Bank campuses in Delaware County, which are located in Broomall, Eddystone, Edgmont, Folcroft, Havertown and Yeadon. This will bring the locations total to 63 in the greater Philadelphia and South Jersey regions for the bank, which is headquartered in Old City Philadelphia.

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.

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1818 Beneficial Bank Place
1818 Market Street
Philadelphia, PA 19103

The use of non-secure email is intended for general questions, inquiries and comments only. Confidential Customer information cannot be accepted electronically.

Routing No: 236075689

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