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Beneficial Bank
Beneficial Mutual Bancorp, Inc. operated Beneficial Bank, a full-service bank whose assets totaled approximately $5 billion upon its acquisition by WSFS in 2019. Founded in 1853, Beneficial was the oldest and largest bank headquartered in Philadelphia, with more than 58 locations throughout Pennsylvania and South Jersey. The bank provided financial services including personal and business banking, mortgages and loans, wealth management, business and insurance services. History Beneficial Bank's foundation was built on Saint John Neumann's vision of providing a safe, secure place for Philadelphia's immigrants to deposit their savings. Members of the Board of Managers of St. Joseph's Hospital met in 1853 to discuss starting a saving fund society. That same year, the Beneficial Saving Fund Society was incorporated. In 1854, Beneficial Bank began operations. The bank celebrated its 160th anniversary in 2013. In 2005, Beneficial completed its acquisition of the insurance firm Paul He ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WSFS Bank
WSFS Financial Corporation is a financial services company. Its primary subsidiary, WSFS Bank, a federal savings bank, is the largest and longest-standing locally managed bank and trust company headquartered in Delaware and the Greater Delaware Valley. WSFS operates from 119 offices, 92 of which are banking offices, located in Pennsylvania (61), Delaware (39), New Jersey (17), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. History Early history Wilmington Savings Fund Society was chartered as a Delaware thrift in 1832 by a group of Wilmington community leaders and businessmen. The bank was formed for the working citizens of Wilmington to encourage thrift, to safeguard and increase their savings in a communi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sandler O'Neill And Partners
Sandler O'Neill + Partners, L.P., (Sandler O'Neill) was a full-service investment banking firm and broker-dealer specializing in the financial services sector. It was headquartered in New York City, and had offices in Boston, Chicago, San Francisco and Atlanta. The firm also operated a mortgage finance company and registered investment adviser based in Memphis. Sandler O'Neill provided investment banking services to financial institutions and their investors. Its services include merger and acquisition advisory, capital markets, fixed income sales and trading, and equity sales and trading, equity research, balance sheet management, mortgage finance, and consulting services. The firm publishes research on about 300 financial institutions across the United States. Despite shifts in the way similar Wall Street firms are run, Sandler O'Neill retained its private partnership structure, and was the largest private investment bank dedicated to the financial sector. It ranked among th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Disestablished In 2019
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1853
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Companies Established In 1853
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Based In Philadelphia
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philadelphia (magazine)
''Philadelphia'' (also called "''Philadelphia'' magazine" or referred to by the nickname "Phillymag", once called ''Greater Philadelphia'') is a regional monthly magazine published in Philadelphia, Pennsylvania by the Lipson family of Philadelphia and its company, Metrocorp. History and profile One of the oldest magazines of its kind, it was first published as a quarterly in 1908 by the Trades League of Philadelphia. S. Arthur Lipson bought the paper in 1946. Coverage includes Philadelphia and the surrounding counties of Montgomery, Chester, Delaware, Bucks County, Pennsylvania, and Camden and Burlington counties in New Jersey. During summer, coverage expands to include vacation communities along the Jersey Shore. The first article published in America that recognized a city's gay community and political scene was about Philadelphia and was called "The Furtive Fraternity" by Gaeton Fonzi, and published in the magazine in 1962. The magazine has been the recipient of the Nation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1818 Market Street
1818 Market Street (also known as 1818 WSFS Bank Place) is a 40-story skyscraper in downtown Philadelphia, Pennsylvania. The building was designed by the firm Ewing Cole Cherry Brott (now EwingCole). Construction began on the property in 1972. The developer, Walters Associates, which also developed the Holiday Inn at 1800 Market (now the Sonesta Philadelphia), planned a construction budget of $50 million for the property. It was the tallest building erected in Philadelphia between the completion of City Hall in 1901 and the completion of One Liberty Place in 1987, during the period of the "gentlemen's agreement", the observation of an unofficial height restriction of the top of the hat of the statue of William Penn atop City Hall that stood for 86 years. The building is the eleventh-tallest in Philadelphia. The building contains over of office space over 37 floors with six levels of parking. Its major tenants include ABN Amro, the American College of Radiology, WSFS Bank, Bo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Philadelphia Inquirer
''The Philadelphia Inquirer'' is a daily newspaper headquartered in Philadelphia, Pennsylvania. The newspaper's circulation is the largest in both the U.S. state of Pennsylvania and the Delaware Valley metropolitan region of Southeastern Pennsylvania, South Jersey, Delaware, and the northern Eastern Shore of Maryland, and the 17th largest in the United States as of 2017. Founded on June 1, 1829 as ''The Pennsylvania Inquirer'', the newspaper is the third longest continuously operating daily newspaper in the nation. It has won 20 Pulitzer Prizes . ''The Inquirer'' first became a major newspaper during the American Civil War. The paper's circulation dropped after the Civil War's conclusion but then rose again by the end of the 19th century. Originally supportive of the Democratic Party, ''The Inquirers political orientation eventually shifted toward the Whig Party and then the Republican Party before officially becoming politically independent in the middle of the 20th cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russell 2000 Index
The Russell 2000 Index is a small cap company , small-cap stock market index that makes up the smallest 2,000 stocks in the Russell 3000 Index. It was started by the Frank Russell Company in 1984. The index is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group (LSEG). Overview The Russell 2000 is by far the most common benchmark for mutual funds that identify themselves as "Market capitalization#Market cap terms, small-cap", while the S&P 500 index is used primarily for large capitalization stocks. It is the most widely quoted measure of the overall performance of small-cap to mid-cap company shares. It is commonly considered an indicator of the U.S. economy due to its focus on small-cap companies in the U.S. market. The index represents approximately 10% of the total market capitalization of the Russell 3000 Index. , the weighted average market capitalization for a company in the index is around $3.1 billion; the median market cap is $1.0 billi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Neumann
John Nepomucene Neumann (german: link=no, Johann Nepomuk Neumann, cs, Jan Nepomucký Neumann; March 28, 1811 – January 5, 1860) was a Catholic priest from Bohemia. He immigrated to the United States in 1836, where he was ordained, joined the Redemptorist order, and became the fourth Bishop of Philadelphia in 1852. In Philadelphia, Neumann founded the first Catholic diocesan school system in the US. Canonized in 1977, he is the only male US citizen to be named a saint. Early life and education Childhood Neumann's father, Philip Neumann, a stocking knitter from Obernburg am Main, moved to Prachatitz in the Kingdom of Bohemia (then part of the Austrian Empire, now in the Czech Republic) in 1802 at age 28 with his wife, Antonie Strakotinská. Antonie died in November 1804, together with the child she bore. He married the daughter of a Czech harness maker, Agnes Lepší, on July 17, 1805, and Neumann was the third of their six children: Catherine, Veronica, John, Joan, Loui ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Jersey
South Jersey comprises the southern portion of the U.S. state of New Jersey located between the lower Delaware River and the Atlantic Ocean. The designation of South Jersey with a distinct toponym is a colloquialism rather than an administrative definition and reflects both geographical and perceived cultural differences from the northern part of the state with no official definition. Though definitions may vary, South Jersey is generally considered to be part of the Philadelphia metropolitan area, the sixth largest metropolitan region in the nation with 6.096 million residents as of 2020. Benjamin Franklin called the state "a barrel tapped at both ends". South Jersey may be defined geographically as the area below I-195, in particular the lower eight counties of New Jersey, whereas North Jersey is the area above Central Jersey within the New York metropolitan area. Salem County along with lower Gloucester County and upper Cumberland County serve as residential communities fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
