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Beneficial Life Insurance Company
Beneficial may refer to: Organizations * Beneficial Corporation, a consumer finance company founded in 1914 that was ultimately bought by HSBC Corporation ** Beneficial Loan Society, the former name of Beneficial Corporation ** Beneficial Finance, a former division of HSBC Finance, and a part of their acquisition of Beneficial Corporation * Beneficial Bank, a full-service bank founded in 1853 operating in Pennsylvania and New Jersey * Beneficial Financial Group, an insurance and financial services company founded in 1905 and run by The Church of Jesus Christ of Latter-day Saints * Beneficial State Bank, a community development bank founded in 2007 that serves California and the Pacific Northwest Biology * Beneficial organism, any organism that benefits the growing process of another species ** Beneficial insect ** Beneficial weed * ''Beneficial Microbes'', a scientific journal covering research on microbes beneficial to the health and well-being of humans and animals Law * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beneficial Corporation
Beneficial Corporation was one of the largest consumer finance companies in the United States, prior to its acquisition by HSBC Finance, Household International, Inc. in 1998. Beneficial began as the Beneficial Loan Society in 1914 in Elizabeth, New Jersey, founded by “Colonel” Clarence Hodson (1868-1928). Norwegian immigrant Olaus Westby Caspersen (1896–1971) joined Beneficial in 1920. In 1929, the company was reorganized as Beneficial Finance Corporation by Olaus Caspersen who would spend 18 years as president of the company. In 1960, the company entered the British market. In 1961, the company purchased Western Auto, Western Auto Supply Co., and in 1965 purchased Spiegel (catalog), Spiegel, Inc (later sold in 1981). In 1970, the company changed its name to Beneficial Corporation. In 1976, Beneficial began offering credit cards through its People's Bank & Trust Co. subsidiary in Delaware. In the same year, Finn M. W. Caspersen, the son of Olaus Caspersen, became chai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HSBC Finance
HSBC Finance Corporation is a financial services company and a subsidiary of HSBC Holdings. It is the sixth-largest issuer of MasterCard and Visa credit cards in the United States. HSBC Finance Corporation was formed from the legal entity that had been known as Household International—shortly after Household International settled for US$486 million in charges pertaining to predatory lending, after burning through $389 million in legal fees and expenses—and is now expanding its consumer finance model via the HSBC Group to Brazil, India, Argentina and elsewhere. HSBC Finance Corporation's subsidiaries primarily provide real estate secured loans, auto finance loans, MasterCard and Visa credit card loans, private label credit cards, personal non-credit card loans and specialty insurance products to middle-market consumers. History Origins Household Finance Corp. was founded in 1878 by Frank MacKey of Minneapolis, Minnesota. It claims that in 1895 it was the first financial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
Beneficial Financial Group
Beneficial Financial Group is an insurance and financial services company based in Salt Lake City, Utah. It is a subsidiary of Deseret Management Corporation (DMC), the for-profit arm of the Church of Jesus Christ of Latter-day Saints (LDS Church). The company was founded in 1905 and as of its 2013 fiscal year end had assets of $3.0 billion. The insurance side of the company was known for many years as the ''Beneficial Life Insurance Company''. Beneficial is certified by the Insurance Marketplace Standards Association for ethical business practices. Beneficial held an "A+" (stable) rating from Standard & Poor's for financial strength, when S&P downgraded the rating to "A" due to exposure to Mortgage-backed security investments in the wake of the 2008 housing bubble, and warned of further possible devaluations unless DMC replenished some of Beneficial's capital as it deteriorates "from its currently strong level." On June 16, 2009, it was announced that Beneficial would stop writin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beneficial State Bank
Beneficial State Bank (formerly One PacificCoast Bank, FSB; and OneCalifornia Bank) is an Oakland, California-based community development bank. The bank was founded in 2007 by billionaire philanthropist and former Presidential candidate Tom Steyer and his wife Kat Taylor, to provide loans and banking services to individuals in low wealth communities, including entrepreneurs and existing businesses. History In June 2007, Tom Steyer and his wife Kat Taylor founded a charitable foundation, OneCalifornia Foundation, with $22.5 million. As part of the foundation, they formed OneCalifornia Bank as a non-profit community bank. Their goal when founding the bank and foundation was to finance non-profit organizations, and ensure profits were reinvested in the community. In August 2010, the bank signed an agreement to acquire ShoreBank Pacific, a Ilwaco, Washington-based community bank, and subsidiary of Shorebank Chicago. Together the merged banks would have $300 million in combined as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beneficial Organism
In agriculture and gardening, a beneficial organism is any organism that benefits the growing process, including insects, arachnids, other animals, plants, bacteria, fungi, viruses, and nematodes. Benefits include pest control, pollination, and maintenance of soil health. The opposite of beneficial organisms are pests, which are organisms deemed detrimental to the growing process. There are many different types of beneficial organisms as well as beneficial microorganisms. Also, microorganisms have things like salt and sugar in them. Beneficial organisms include but are not limited to: Birds, Bears, Nematodes, Insects, Arachnids, and fungi. The ways that birds and bears are considered beneficial is mainly because they consume seeds from plant and spread them through feces. Birds also prey on certain insects that eat plants and hinder them from growing these insects are known as non beneficial organisms. Nematodes are considered beneficial because they will help compost and provide ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beneficial Insect
Beneficial insects (sometimes called beneficial bugs) are any of a number of species of insects that perform valued services like pollination and pest (animal), pest control. The concept of ''beneficial'' is subjective and only arises in light of desired outcomes from a human perspective. In agriculture, where the goal is to raise selected crops, insects that hinder the production process are classified as pests, while insects that assist production are considered beneficial. In horticulture and gardening, beneficial insects are often considered those that contribute to pest control and native habitat integration. Encouraging beneficial insects, by providing suitable living conditions, is a pest control strategy, often used in organic farming, organic gardening or integrated pest management. Companies specializing in biocontrol, biological pest control sell many types of beneficial insects, particularly for use in enclosed areas, like greenhouses. Types Some species of bee are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beneficial Weed
Beneficial may refer to: Organizations * Beneficial Corporation, a consumer finance company founded in 1914 that was ultimately bought by HSBC Corporation ** Beneficial Loan Society, the former name of Beneficial Corporation ** Beneficial Finance, a former division of HSBC Finance, and a part of their acquisition of Beneficial Corporation * Beneficial Bank, a full-service bank founded in 1853 operating in Pennsylvania and New Jersey * Beneficial Financial Group, an insurance and financial services company founded in 1905 and run by The Church of Jesus Christ of Latter-day Saints * Beneficial State Bank, a community development bank founded in 2007 that serves California and the Pacific Northwest Biology * Beneficial organism, any organism that benefits the growing process of another species ** Beneficial insect ** Beneficial weed * ''Beneficial Microbes'', a scientific journal covering research on microbes beneficial to the health and well-being of humans and animals Law * Benefici ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beneficial Microbes
''Beneficial Microbes'' is a peer-reviewed scientific journal covering research on microbes beneficial to the health and wellbeing of man and animal. It is published by Wageningen Academic Publishers Wageningen Academic Publishers is a publishing company in the field of life sciences that publishes scientific journals as well as monographs, textbooks, and proceedings. The company was founded in 2002 as successor of Wageningen Pers. The company .... External links * Microbiology journals English-language journals Publications with year of establishment missing Publications established in 2010 {{microbiology-journal-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beneficial Interest
A beneficial interest is the right that a person has arising from a contract to which they are not a party, or a trust. For example, if A makes a contract with B that A will pay C a certain sum of money, B has the legal interest in the contract, and C the beneficial interest. More generally, a beneficial interest is any "interest of value, worth, or use in property one does not own", for example, "the interest that a beneficiary of a trust has in the trust".''Ballentine's Law Dictionary'', p. 48 (Legal Assistant edition, 1994). More specifically, it could be: * "A property interest that inures solely to the benefit of the owner", or * Property that "remains of an estate after the payment of debts and the expenses of administration", or * The right of a person having a power of appointment to appoint himself". ''Black's Law Dictionary'' defines beneficial interest as "Profit, benefit or advantage resulting from a contract, or the ownership of an estate as distinct from the legal ow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beneficial Owner
Beneficial owner is a legal term where specific property rights ("use and title") in equity belong to a person even though legal title of the property belongs to another person. Beneficial owner is subject to a state's statutory laws regulating interest or title transfer.'' Black's Law Dictionary'' (2nd Pocket ed. 2001 pg. 508) This often relates where the legal title owner has implied trustee duties to the beneficial owner. A common example of a beneficial owner is the real or true owner of funds held by a nominee bank. Under United States copyright law, an author may transfer some rights to the copyright owner (often an employer) while retaining a future "reversionary interest," such as that of copyright renewal. For example, " e legal or beneficial owner of an exclusive right under a copyright . . . to institute an action for any infringement of that particular right committed while he or she is the official owmer of it." See also * Beneficial ownership * Real party in int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beneficial Ownership
In domestic and international commercial law, a beneficial owner is a natural person or persons who ultimately owns or controls an interest in a legal entity or arrangement, such as a company, a trust, or a foundation. Legal owners (i.e. the owners on the record), commonly described as the " registered owners", may hold those interests as beneficial owners or for the benefit of someone else, in which case they may be described as a "nominee". Definition In March 2019, an Inter-American Development Bank (IADB) report defined beneficial owners as "always natural persons who ultimately own or control a legal entity or arrangement, such as a company, a trust, a foundation". According to the United States' Securities Exchange Act, a beneficial owner of a security includes any person who, directly or indirectly, has or shares voting or investment power. The terms 'ultimately owns or controls' and 'ultimate effective control' refer to situations in which ownership/control is exercised ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
