< Back to All Articles

Beneficial Bank Promotes Four Senior Management Team Members, Hires Senior Vice President

Beneficial Bank Promotes Four Senior Management Team Members, Hires Senior Vice President


PHILADELPHIA, Pa., May 10, 2012 – Beneficial Bank has announced the promotion of four Senior Management Team members and the addition of a Senior Vice President. The Bank has promoted Martin Gallagher to Executive Vice President, Chief Credit Officer; Robert Maines to Executive Vice President, Director of Operations; Joanne Ryder to Executive Vice President, Brand and Strategy and Human Resources; and Joseph Robinson to President, Beneficial Advisors. In addition, the Bank has hired James Tyrrell as Senior Vice President, Commercial Lending.

"These changes leverage our leadership and their talents to accelerate Beneficial's growth as an organization and add long-term value to our customers," said Gerry Cuddy, Beneficial Bank President & CEO. "We are incredibly proud of our existing team's accomplishments and welcome strong, experienced employees to Beneficial Bank."

Gallagher previously served as Senior Vice President, Chief Credit Officer. He will continue to oversee Beneficial's Credit and Portfolio Management disciplines, with a specific focus on enhancing infrastructures and supporting lending portfolio growth. In addition, Gallagher will now assume responsibilities for loan underwriting, credit quality and portfolio administration. Gallagher holds a master of business administration in finance and a B.A. from St. Joseph's University. He lives in Wayne, Pa. with his family.

Maines previously served as Senior Vice President, Chief Risk Officer. In his new role, Maines will expand his responsibilities to include branch administration, BSA and security. He will also continue to lead the Information Technology, Compliance and Deposit and Lending operations at Beneficial. Maines holds a bachelor's degree from the University of Delaware. He lives in Wilmington, Del.

Ryder previously served as Senior Vice President, Brand and Strategy. She will continue to oversee Beneficial's marketing, strategic insights, community development and education and development initiatives, while also expanding her responsibilities to include human resource leadership. She holds a B.A. in communications from Penn State University. Ryder resides in Cherry Hill, N.J. with her husband and son.

Robinson currently serves as President, Beneficial Insurance Services, LLC. In addition to his responsibilities with Beneficial Insurance Services, he will also oversee Beneficial Advisors, a wealth management subsidiary of Beneficial Bank, with $172 million in assets under management. Robinson holds a master's degree from Widener University and a bachelor's degree from Penn State University. He lives In Wayne, Pa. with his wife and three children.

Tyrrell comes to Beneficial with more than 40 years of banking experience and most recently served as Citizens Bank's Sales Performance Executive for their New England, Midwest and Mid Atlantic regions. At Beneficial, Tyrrell will be responsible for leading the Bank's Commercial Banking group. He holds a bachelor's degree from St. Joseph's University and resides in Ambler, Pa.

Further information about Beneficial Bank can be found at 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 $4.7 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.




Beneficial Bank Footer Logo




1818 Beneficial Bank Place
1818 Market Street
Philadelphia, PA 19103

888.742.5272
info@thebeneficial.com
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
SWIFT Code: BENFUS33

scroll top

Please Note:

You have clicked on a link that will navigate you away from the Beneficial Bank website to an external site that may have different privacy standards. Please click ‘Continue’ to proceed or ‘Cancel’ to stay on the Beneficial Bank site.

Continue Cancel
×

Unsecure Email Disclosure

Your privacy is very important to us. We would like to advise you that Internet email is not a secure method of communication. Please do not submit any information that you consider confidential. We recommend you do not include any specific identifying information such as your social security, account, PIN numbers, date of birth, etc...

Continue Cancel
×

Please Note:

You have clicked on a link that will navigate you away from the Beneficial Bank website to an external site that may have different privacy standards. Please click ‘Continue’ to proceed or ‘Cancel’ to stay on the Beneficial Bank site.

Continue Cancel
×






USA PATRIOT Act

To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you – When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license and other identifying documents.