Beneficial Bank Celebrates 164th Anniversary By Giving Back to Old Saint Joseph’s Outreach Program

ADVISORY, Feb. 14, 2017 --

WHAT:  Beneficial Bank, the oldest and largest bank headquartered in Philadelphia, is teaming up with the Old Saint Joseph’s Church Outreach program. Founded on the mission to do what is right, Beneficial Bank was created to provide banking services to immigrants not served by existing banks.  Bishop John Neumann, now Saint John Neumann, and a group of like minded individuals gathered on Sunday, February 14, 1853, in the basement of Old Saint Joseph’s Church in Philadelphia, PA to establish the Beneficial Savings Fund for that purpose.  For many years the Bank has honored its roots by volunteering twice a week at Old Saint Joseph’s Outreach program serving homeless gentlemen a hot meal. 

WHEN:  Tuesday February 14^th 12:00 pm

WHERE:  Old Saint Joseph’s Church 
321 Willings Alley, Philadelphia, PA 19106

DETAILS:  Beneficial Bank will volunteer to serve during the Outreach Program, but will also be celebrating to commemorate the Bank’s founding to benefit the clients of the Outreach Program.  In addition to serving the hot meal and a special dessert, the Bank will provide gift bags containing essentials to the gentlemen in attendance.  In addition to volunteering weekly, the Bank also supports the organization with an annual donation. On Tuesday, they will be presenting an additional check donation to the Outreach Program to help enable them to continue their efforts in caring for those less fortunate

About Beneficial Bank
Founded in 1853, Beneficial Bank is the oldest and largest bank headquartered in Philadelphia. With 63 offices in the greater Philadelphia and South Jersey regions and approximately $5.7 billion in assets, Beneficial is a full service financial institution whose product offering includes commercial, consumer and real estate lending, equipment finance, insurance and wealth management services. Beneficial has been committed to providing financial education to individuals and businesses in the Delaware Valley for more than 160 years. Visit www.thebeneficial.com for more information.

Contact:
Media Contact:
Joanne Ryder
215.864.6180