Beneficial Savings Bank Honored by Greater Philadelphia Chamber of Commerce for 150th Birthday; March 26 Declared 'Beneficial Day' in Philadelphia.Business Editors PHILADELPHIA--(BUSINESS WIRE)--March 26, 2003 Tonight, the Greater Philadelphia Chamber of Commerce honored Beneficial Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. for its 150th birthday. The City of Philadelphia also saluted Beneficial, by declaring March 26 "Beneficial Day." The bank is making history as the oldest and largest local bank still operating under its original name and headquartered in Philadelphia "Beneficial Savings Bank has remained committed to the greater Philadelphia region since we opened our doors in 1853," said George Nise, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Beneficial Savings Bank. "Beneficial's success is built upon a history of sound financial products, excellent customer service, and a commitment to invest in the people, businesses, and neighborhoods we serve." Partnering with the Philadelphia Charge and Comcast SportsNet and joined by area businesses, the Chamber held an invitation-only birthday block party at the Park Hyatt Conservatory. Comcast SportsNet anchor Leslie Gudel served as emcee and Philadelphia Charge star players Lorrie Fair Lorraine Ming Fair (born August 5, 1978), better known as Lorrie Fair, was a member of the United States national soccer team. She is now the US ambassador for Chelsea Football.[1] She is half-Chinese Asian American. and Heather Mitts Heather Blaine Mitts (born June 9, 1978 in Cincinnati, Ohio) is an American soccer player. Mitts is a defender for the United States Women's National Soccer Team. She played soccer in high school for St. made special appearances. The bank marks its sesquicentennial ses·qui·cen·ten·ni·al adj. Of or relating to a period of 150 years. n. A 150th anniversary or its celebration. Noun 1. with a year-long celebration packed with special events and programs, including block parties at Beneficial offices, Beneficial Day at the Philadelphia Charge home opener, and a special $150,000 scholarship program -- all in honor of the bank's 150 years of service to neighborhoods across the Delaware Valley The Delaware Valley is the name of the metropolitan area centered on the city of Philadelphia in the United States. The region is named for the Delaware River which flows through it. . Founded in 1853, Beneficial Savings Bank has 33 offices in the greater Philadelphia region and $2 billion in assets. A leader in the Philadelphia community, the bank annually provides financial support to hundreds of local organizations, including charities, community groups, associations, educational institutions, and other organizations. For information on Beneficial products and services, visit www.beneficialsavings.com |
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