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Beneficial Bank is a public bank that provides personal and business banking services. The bank offers deposit accounts, loans, investment products such as money market accounts, certificates of deposits, individual retirement accounts, and health savings accounts. Beneficial Bank also provides online banking and business cash management all over the United States. The bank operates more than 58 branch locations with total assets of $5 billion. Beneficial Bank was founded in 1853, and its headquarter is based in Philadelphia, Pennsylvania, United States. The bank provides competitive pay packages, healthcare benefits, and other perks to its employees.
Departments
What departments Beneficial Bank employees work at?
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Team
Professional experience
Professional Growth
How many years of experience do Beneficial Bank employees have before joining?
Years of experience at Beneficial Bank: Newcomers: 21%, Experiencers: 16%, Experts: 18%, Veterans: 45%. Beneficial Bank employees have 8+ years experience on average before joining.
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Professional Growth
Where did Beneficial Bank employees work before joining?
Where they've worked before Beneficial Bank: Bank of America, Citizens Bank, Commerce Bank. Typical Beneficial Bank employees have worked at Bank of America.
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Bank of America
Citizens Bank
Commerce Bank
Professional Growth
What industries did Beneficial Bank employees work in previously?
Industry Background: The most typical industries of Beneficial Bank: Commercial Banking Companies, Insurance Agency & Brokerage Firms, Investment Banking & Securities Brokerage Firms, Finance & Insurance Companies, Consulting Companies. Beneficial Ba
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Professional Growth
Where did Beneficial Bank employees work before joining?
Past employers' size at Beneficial Bank: Small: 24%, Medium: 21%, Large: 55%. Most Beneficial Bank employees have previously worked at large companies.
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Educational background
Educational background
What did employees at Beneficial Bank study?
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Top educational institutions
Where did employees at Beneficial Bank study?
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Employee data
Professional Growth
How long do people stay in a role at Beneficial Bank?
Time employed at Beneficial Bank: <1: 4%, 1-3: 23%, 4-8: 35%, 9-13: 18%, 14-20: 9%, 20+: 11%. Most Beneficial Bank employees stay with the company for 4-8 years which is the same as the industry average.
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Culture & Values
How does Beneficial Bank rank for age & gender diversity?
Gender ratio at Beneficial Bank: 41.6% Male and 58.4% Female. Age ratio at Beneficial Bank: 16-20: 1%, 21-30: 32%, 31-40: 27%, 41-50: 15%, 51-60: 17%, 60+: 8%. Beneficial Bank rates - 15.4% more female than the industry average. Most Beneficial Bank
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Professional Growth
What are the top roles at Beneficial Bank?
Top roles of Beneficial Bank: Vice President, Branch Manager, Relationship Manager, Customer Service Representative, Teller. The top role at Beneficial Bank is Vice President.
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Vice President
Branch Manager
Relationship Manager
Customer Service Representative
Teller
Career advancement
Professional Growth
How does Beneficial Bank rank for career advancement?
Career advancement at Beneficial Bank: low. Beneficial Bank ranks low for career advancement which is same as the industry average.
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Professional Growth
What companies do Beneficial Bank employees go on to work at?
Future employers of Beneficial Bank: Bryn Mawr Trust, Morgan Lewis, PNC, Royal Bancshares, TD. People who work at Beneficial Bank most typically go on to work for the Bryn Mawr Trust.
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Bryn Mawr Trust
Morgan Lewis
PNC
Royal Bancshares
TD
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Discussion about Beneficial Bank
Want to know more about Beneficial Bank?
Share your thoughts and ideas about Beneficial Bank with others in our community.
Where can I find Beneficial Bank’s stock symbol?
Sophie Hayes4 years ago
look no further: BNCL is its stock symbol.
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What year was Beneficial Bank founded?
Liam Brown4 years ago
1853.
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gender breakdown at Beneficial Bank?
Isabella Holmes4 years ago
gender ratio is 58.4% female, 41.6% male.
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What industry does Beneficial Bank operate in?
Benjamin Gardner4 years ago
Banking/Mortgage.
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Where’s Beneficial Bank’s HQ located?
Liam Brown4 years ago
Philadelphia, PA.
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What’s Beneficial Bank’s yearly revenue?
Isabella Holmes4 years ago
$100m to $500m
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Who is the CEO of Beneficial Bank?
Liam Brown4 years ago
Gerard P. Cuddy.
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what are the chances of career advancement at Beneficial Bank?
Liam Brown4 years ago
low.
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What’s the average length of tenure at Beneficial Bank?
Isabella Holmes4 years ago
Typically 4-8 year(s).
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what kind of companies did Beneficial Bank employees work for?
Sophie Hayes4 years ago
Large companies before Beneficial Bank.
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Top future employers of Beneficial Bank employees?
Sophie Hayes4 years ago
these companies Bryn Mawr Trust, Morgan Lewis, PNC, Royal Bancshares, TD, TruMark Financial, Wells Fargo, WSFS Bank
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Who are the top previous employers of Beneficial Bank employees?
Liam Brown4 years ago
Bank of America, Citizens Bank, Commerce Bank, Conestoga Bank, PNC, Sun National Bank, TD, Wells Fargo.
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How old are Beneficial Bank’s employees in general?
Sophie Hayes4 years ago
around 21-30.
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Where did most of Beneficial Bank employees go to school?
Benjamin Gardner4 years ago
Community College of Philadelphia, La Salle University, Penn State University, Rutgers University-Camden, Temple University.
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I really enjoy my benefits here.
A year ago
Great benefits.
A year ago
I have dental problems and our company bas it covered is really a blessing for me .
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Do they offer paid training?
A year ago
Expert trainer train you within week or so.
A year ago
it was pretty quick less than a week😎.
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What type of industry background is most valuable for this position?
A year ago
Insurance agency is also preferred 👍
A year ago
Investment banking.
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Very Hopeful!!They have a good future.Hard working employees and forward thinking leadership both working long hours boost up company.
A year ago
Cooperation and collaboration between employee play imp role.
A year ago
true they're growing quickly.👏
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I don't have much education but I still want to apply, would they consider me because I have good skill set.
A year ago
Hopefully yes 😇
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Proud to part!! Effective and competitive community support program.
A year ago
Yes,Grand contributions that support education and leadership development, and strengthening those in need.
A year ago
The company overall has a great mission and vision.
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I really love the annual promotion policy here. Keeps me motivated ❤
A year ago
Same.
A year ago
Everyone is promoted annually is the best thing of this firm.
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Sadly the lacks communication between departments cause a lot of misconception. Its fast pace and there lots of changes.
A year ago
AFAIK, they had great collaboration🙌
A year ago
it a multi-billion dollar financial services company. Lot of changing made within a moment. Everything need time to process.
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Busy working hour, company operate extensive ly from personal to business. Opening hours are extremely hectic.
A year ago
Extreme workload, hectic working hours😑
A year ago
Growing fast each moment i'm dealing with new client.
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What is the gender ratio of employees in this department or company?
A year ago
You'll find good people here don't worry 🙂
A year ago
Mostly females.
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My brother works here and he loves this job so much.
A year ago
Why don't you apply here?
A year ago
You should also apply here, I would recommend this place 🌠
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I don't really like the way feedback is delivered here 😔
A year ago
It feels like a child is being scolded.
A year ago
They should improve it.
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What experience does the company typically look for in candidates?
A year ago
I joined with 4 months experience.
A year ago
No strict requirement I think so.
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What level of educational background is common among current employees in this role?
A year ago
Most people here does not have a higher education
A year ago
Mostly high school or college droupouts.
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How many sick available?
2 years ago
Mostly 12 sick days annually
2 years ago
paid sick days
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I had my interview today and it doesn't went very well, I think i missed this opportunity too.
A year ago
You can apply again.
A year ago
What questions did they ask you?
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I think the dress code here is amazing.
A year ago
Yes, it's amazing.
A year ago
Monday to Thursday business casuals are my favourite ❤
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I feel like BHG needs a unionised workforce.
A year ago
Terrible idea, waste of time only 🙁
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What the dress code for employee?
A year ago
business formal or casual
A year ago
no dress code
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Happy to hear about the contribution of company for nonprofits organization and sponsors events that support a variety of causes.
A year ago
A huge step to pay back community
A year ago
effective and progressive step to help needy person.
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Does the company value a certain level of education for this role?
A year ago
You can join with basic education.
A year ago
Basically there is no academic work mostly.
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I am a newer employee. So far my experience has been great. My leadership is supportive and fair. The culture here is great. I also really like the bank's mission and values.
A year ago
GREAT PLACE TO WORK. Excellent disposition from management to help when you need it. Great work environment.
A year ago
Colleagues are always willing to assist you when you need it.
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My father used to work here and according to him this was his best job ever.
2 years ago
Where is he now?
2 years ago
I used to work here in 2018 and now I feel the same too.
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It was my first day here and not gonna lie I'm very impressed by the people here.
A year ago
Good to have you on the team
A year ago
Congratulations on getting this opportunity.
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What is the age ratio of employees in this department or company?
A year ago
You'll find guys of all ages here 👍
A year ago
Most guys are aged between 21 to 30.
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IMHO, Decent pay is suit with excellent benefits(hahaha)😄
A year ago
HMMM, indeed that's true
A year ago
Yes a obvious fact!!!
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What is the salary procedure here?
A year ago
It varies from department to department.
A year ago
Better to ask from your manager, he can guide you better :)
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What is the company's approach to work-life balance and employee wellness?
A year ago
Better than others 😊
A year ago
I'll rate it 7.5 on a scale of 10
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Isabella Holmes
Career Advocate
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