- Top Workplaces
- Beneficial Bank
Beneficial Bank
At Beneficial Bank, we’ve been in business for over 160 years doing basically the same thing day in and day out…helping the people of Philadelphia do what’s right with their money.
Our focus, since we opened our doors, has been the pursuit of a deep knowledge and understanding of the Philadelphia community, the people who live and work here and the businesses that thrive here. The more we know and learn, the more we are able to create the right products and offer the best advice for saving, investing, borrowing, building and growing.
It’s a simple philosophy: If we do right by our customers, they’ll do right by us.
And it’s served us well since 1853.
Our focus, since we opened our doors, has been the pursuit of a deep knowledge and understanding of the Philadelphia community, the people who live and work here and the businesses that thrive here. The more we know and learn, the more we are able to create the right products and offer the best advice for saving, investing, borrowing, building and growing.
It’s a simple philosophy: If we do right by our customers, they’ll do right by us.
And it’s served us well since 1853.
Purpose
We are a bank, in the traditional and original sense of the word. We are a place where money is kept safe, loaned, managed and made easily accessible for customers. We are proud to be bankers. And even more proud of our 164 year partnership with the people and businesses of Philadelphia. Time and experience has taught us to constantly pursue knowledge about finance, our customers and the Philadelphia community. We believe that the more knowledge we can share with our customers, the more we can learn and understand about each other, then the more we can help each other grow and succeed. That pursuit of knowledge helps us make smart financial decisions together with our customers and our community. It helps us achieve our goal of being…The bank that does the right thing.
Vision
Do What’s Right. This vision guides every customer relationship, every business decision, how we contribute to our communities and how we treat each other.
Mission
We are bankers who always try to do the right thing. We have over 160 years of knowledge about making smart financial decisions and we share that knowledge with our customers, local businesses and the community to help them succeed. Which, in turn, helps us succeed.
Additional Culture Details
• At Beneficial Bank, we have a simple philosophy: If we do right by our customers, they will do right by us. We have the same philosophy when it comes to our employees. As the oldest and largest bank headquartered in Philadelphia, Beneficial Bank prides itself on having a close- knit culture for its employees. Numerous programs and initiatives are set up annually for employees to better their community, better their career, and better themselves.
• At Beneficial, we value the importance of professional development. That’s why we offer training classes, learning bursts, and lunch and learns for employees to voluntarily attend on any topic that may interest them. The Beneficial LEADS and the Aspiring Leaders Program are designed for employees to gain extensive leadership skills and strengthen their communication abilities.
• Employee Engagement is a huge part of Beneficial’s culture. Our Employee Appreciation Week, All Employee event, Family Holiday Party, and Take Our Daughters & Sons to Work Day are events that employees look forward to each year.
• Weekly fitness and wellness classes are offered to employees to help better their mind and bodies. A Lunchtime Meditation Series is held each week as well as Yoga-After-Work. The free program not only encourages a healthy lifestyle, it helps employees meet from different departments.
• The Beneficial “Blue-Gooders” is a volunteer initiative that hosts over 100 annual volunteer opportunities that supports our employees’ dedication to making an impact in the communities we serve. Since 2009, Blue-Gooders have dedicated over 17,500 hours to strengthen our neighborhoods.
• At Beneficial, we value the importance of professional development. That’s why we offer training classes, learning bursts, and lunch and learns for employees to voluntarily attend on any topic that may interest them. The Beneficial LEADS and the Aspiring Leaders Program are designed for employees to gain extensive leadership skills and strengthen their communication abilities.
• Employee Engagement is a huge part of Beneficial’s culture. Our Employee Appreciation Week, All Employee event, Family Holiday Party, and Take Our Daughters & Sons to Work Day are events that employees look forward to each year.
• Weekly fitness and wellness classes are offered to employees to help better their mind and bodies. A Lunchtime Meditation Series is held each week as well as Yoga-After-Work. The free program not only encourages a healthy lifestyle, it helps employees meet from different departments.
• The Beneficial “Blue-Gooders” is a volunteer initiative that hosts over 100 annual volunteer opportunities that supports our employees’ dedication to making an impact in the communities we serve. Since 2009, Blue-Gooders have dedicated over 17,500 hours to strengthen our neighborhoods.
Recent Awards
Company Snapshots
