Beneficial Bancorp is a financial holding company. Through its subsidiary, Beneficial Bank, the company provides financial services to consumers and businesses in its market areas. The company accepts deposits from the general public and use those funds to originate a variety of loans, including commercial real estate loans, commercial business loans, equipment financing and leasing, one- to four-family real estate loans, consumer loans, home equity loans and construction loans. The company provides insurance brokerage services through its wholly owned subsidiary, Beneficial Insurance Services, LLC. At Dec 31 2017, the company had total assets of $5.80 billion and total deposits of $4.15 billion.
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