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Beneficial Mutual Bancorp Inc. (BNCL)At 3:17PM ET: 9.24  Down 0.02 (0.22%)  
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Beneficial Mutual Bancorp Inc.
510 Walnut Street
19th Floor
Philadelphia, PA 19106
United States - Map
Phone: 215-864-6000
Web Site: http://www.beneficialsavings.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:730

BUSINESS SUMMARY 
Beneficial Mutual Bancorp, Inc. operates as a holding company for Beneficial Bank that provides consumer and commercial banking services for individuals, businesses, and nonprofit organizations in the United States. The company accepts a range of deposits, such as non-interest bearing demand deposits, including checking accounts; interest-bearing demand accounts, which include NOW and money market accounts; savings accounts; certificates of deposits; and business banking deposit products, such as a commercial checking account and a checking account for small businesses, as well as offers cash management, including remote deposit, lockbox service, and sweep accounts. It originates various loans, including fixed-rate and adjustable-rate one-to-four family residential loans; commercial real estate and home equity loans; commercial business loans to professionals, sole proprietorships, and small businesses, such as installment loans for capital improvements, equipment acquisition, and long-term working capital; and construction loans. The company also offers a range of consumer loans, which comprise home equity loans and lines of credit; automobile loans, including loans for recreational vehicles; student loans; and loans secured by passbook accounts and certificates of deposits, as well as various unsecured lines of credit. In addition, Beneficial Mutual Bancorp, through its subsidiaries, also provides insurance brokerage and investment advisory services. As of December 31, 2008, the company operated through 40 banking offices in Chester, Delaware, Montgomery, Philadelphia, and Bucks Counties in Pennsylvania. It also operated 32 full-service offices in Burlington and Camden Counties, New Jersey. The company was founded in 1853 and is headquartered in Philadelphia, Pennsylvania. Beneficial Mutual Bancorp, Inc. is a subsidiary of Beneficial Savings Bank MHC.
Key Statistics

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    CORPORATE GOVERNANCE 
    Beneficial Mutual Bancorp Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 18.6% of Russell 3000 companies and 30.5% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Gerard P. Cuddy , 49
    Chairman, Chief Exec. Officer, Pres, Chief Exec. Officer of Beneficial Bank, Pres of Beneficial Bank, Director of Beneficial Savings Bank MHC and Trustee of Beneficial Mutual Savings Bank
    $ 570.00KN/A
    Mr. Joseph F. Conners , 51
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Chief Financial Officer of Beneficial Savings Bank MHC, Chief Financial Officer of Beneficial Mutual Savings Bank, Exec. VP of Beneficial Savings Bank MHC and Exec. VP of Beneficial Mutual Savings Bank
    $ 313.00KN/A
    Mr. Andrew J. Miller , 53
    Chief Lending Officer, Exec. VP, Chief Lending Officer of Beneficial Savings Bank MHC, Chief Lending Officer of Beneficial Mutual Savings Bank, Exec. VP of Beneficial Savings Bank MHC and Exec. VP of Beneficial Mutual Savings Bank
    $ 326.00KN/A
    Mr. Robert J. Bush , 50
    Exec. VP, Exec. VP of Beneficial Bank and Exec. VP of Beneficial Savings Bank MHC
    $ 340.00KN/A
    Ms. Denise Kassekert , 57
    Exec. VP, Exec. VP of the MHC and Exec. VP of Beneficial Bank
    $ 237.00KN/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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