WELCOME GUIDE. Introducing. Beneficial Bank. Everything you need to know about becoming Beneficial.

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1 WELCOME GUIDE Introducing Beneficial Bank Everything you need to know about becoming Beneficial.

2 Welcome Welcome to banking at Beneficial! Contents What You Should Know...4 Changes to Personal Banking Accounts...6 Changes to Business Banking Accounts...8 Personal Banking Updates and Improvements...10 Business Banking Updates and Improvements...14 Accessing Your Account...16 Expanded Branch Network...17 Additional Services...20 About Us When St. Edmond s Federal Savings Bank accounts become Beneficial Bank accounts on May 23, 2012, you'll see a lot that's new and a lot that's reassuringly familiar. The good things about banking at St. Edmond s will still be here, including the same friendly faces and the same personal service at your local branch. What we'll add are all the strengths, advantages and financial expertise of Beneficial, the oldest and largest bank headquartered in Philadelphia. Our mission for the past 158 years has been to help people do the right thing financially. We are committed to educating our customers to better understand their situation, recognize opportunities, and plan to succeed. As an education company, we believe that being a successful bank carries with it a responsibility to share our financial knowledge with our customers. Beneficial encourages a way of thinking that helps put you in control of managing your money. Every time you interact with us, whether it s a conversation in the bank, online or on the phone, our company-wide mission is to teach you practical steps for making your financial goals a reality. We'll be with you every step along the way in your financial journey, offering expert advice and assistance whenever you need it. In this Welcome Guide, we provide you with everything you need to know about this transition. You'll learn about new opportunities like a larger branch and ATM network, more banking conveniences and a broader range of products and services. All the advantages of your new Beneficial accounts are also described in the following pages. To learn more, stop by any one of our more than 60 office locations throughout the Greater Philadelphia and South Jersey regions, visit us at thebeneficial.com or call Gerard P. Cuddy President and CEO 2 3 Questions? Call

3 Important information What You Should Know Accounts and Branches: On May 22, 2012, St. Edmond's branch locations will be closing at 4 p.m. Your St. Edmond's accounts and branch locations will become Beneficial Bank accounts and branches on May 23, Account Numbers: Your account number(s) will not change and you can continue to use your current checks. Direct Deposits/Automated Payments: Any direct deposit or automated payments from your checking, savings or money market account should continue without interruption. Statements: You will receive a final transition statement from St. Edmond s for your checking, statement savings and/or money market accounts as of May 22. Your first new statement will arrive at the usual time the following month. Minimum Daily Balance: For accounts requiring a minimum balance, the balance will now be a minimum daily balance instead of a minimum average monthly balance, meaning that you must have the required balance in the account EACH day of the cycle to avoid the monthly service charge. Fee Waivers: The monthly service charge for minimum balance accounts will be waived until June 23. For a list of Beneficial Bank fees, please refer to the enclosed Disclosure Handbook. MasterCard Debit Cards: You can continue to use your existing card temporarily. Your new Beneficial Visa Check Card, ATM card or Visa Business Check Card will arrive in the mail in mid May with activation instructions. Your card number will be changing, so please be sure to update any recurring payments tied to your debit card. ATMs: All St. Edmond s ATMs will continue to provide you with the same banking convenience you expect. Starting immediately, you can use any Beneficial ATM without a fee. Loans and Lines of Credit: There will be no change to your account number, current rate, payment due date or payment amount. Any automatic loan payments will continue without interruption, and you will be able to make your loan payments at any Beneficial office beginning May 23. Online Banking: You will experience limited availability of Online Banking after 8 p.m. on May 22. Online banking will be unavailable from 6 a.m. to 3 p.m. on May 23, 2012, but beginning at 3 p.m., you will gain access to our free Online Banking at thebeneficial.com. You can use your current username and password, and you will be prompted to change your password and establish three security authentication questions at your first login. You will not need to change your password again. Note: If your username is your Social Security Number, you will be prompted to change it. All users will be able to see electronic statements in Online Banking. You will be able to see up to six months' worth of online statements and check images. You will also be able to see prior and current month account history over time, you will be able to view up to two years worth of information. For current Bill Pay users, all of your bill pay information will be transferred to Beneficial Online Banking. However, please note that Bill Pay will be unavailable from 8 p.m. on May 22 until 3 p.m. the following day. Telephone Banking: You will experience limited availability of Telephone Banking after 8 p.m. on May 22. Have a Question? Inquire at your local branch Call our Customer Call Center at Learn more at thebeneficial.com/welcome 4 5 Questions? Call

4 Your New Accounts Please refer to the charts on the next four pages to learn more about any changes to your current St. Edmond's account. Note that all of the Beneficial Bank accounts listed in these charts may not be available for new account openings. Your Personal Checking Accounts St. Edmond s Account Name Beneficial Bank Account as of 5/23/12 Key Changes* FREE CHECKING FREE CHECKING You will continue to receive check images in your statements through the rest of Beginning with the January 2013 statement, mailed check images will be available for a monthly fee. BASIC CHECKING FREE CHECKING (WITH IMAGES) You will no longer have a monthly service charge. You will receive images of your checks with your mailed monthly statement for a $2/month check image subscription fee. You may cancel this subscription at any time. Good news! There are no significant changes* to the following St. Edmond's checking accounts: Advantage Checking Gold Club Checking Interest Checking Premier Checking Premier Plus Checking Your Personal Savings Accounts St. Edmond s Account Name LITTLE SAVERS PASSBOOK PASSBOOK STATEMENT MONEY MARKET ADVANTAGE MONEY MARKET SPECIAL MONEY MARKET RETIREMENT MONEY MARKET SPECIAL PREMIER PASSBOOK Beneficial Bank Account as of 5/23/12 JUNIOR PASSBOOK PASSBOOK STATEMENT PERSONAL MONEY MARKET RETIREMENT MONEY MARKET STATEMENT PREMIER PASSBOOK Key Changes* Minimum balance requirement and monthly service charge have been eliminated. Maintain a minimum daily balance of $50 to avoid a $3 monthly service charge. Maintain a minimum daily balance of $50 to avoid a $5 monthly service charge. Maintain a minimum daily balance of $1,000 to avoid a $10 monthly service charge. Change in interest rate tiers. Statements mailed quarterly. Maintain a minimum daily balance of $50 to avoid a $5 monthly service charge. Enjoy one great rate for the entire balance in your account. Interest credited quarterly. HOLIDAY CLUB HOLIDAY CLUB Current coupon books will be replaced with passbooks the next time you visit the branch. Interest credited quarterly. VACATION CLUB CLUB PASSBOOK Interest credited quarterly. HEALTH ACCOUNT (HSA) HEALTH ACCOUNT (HSA) Change in interest rate tiers. Good news! There are no significant changes* to the following St. Edmond's accounts: Certificates of Deposit (CDs) Irrevocable Burial Account Loans and Lines of Credit Premier Money Market * Please refer to the enclosed Disclosure Handbook for account requirements and the Schedule of Fees - Consumer Accounts. Retirement CD 6 7 Questions? Call

5 Your New Accounts Your Business Checking and Savings Accounts Your Loans and Lines of Credit St. Edmond s Account Name E-BUSINESS CHECKING Beneficial Bank Account as of 5/23/12 PROFESSIONAL PACKAGE Key Changes* Account will now earn interest. Maintain a minimum daily balance of $5,000 to avoid a $25 monthly service charge. Up to 500 free debits/credits per month. Preferred interest rate on Business Statement Savings or Business Money Market. Annual fee for line of credit waived for the first year. FREE Start Rewarding SM personal checking account for business owner. FREE Interest Checking for employees. Important Information You will see no change to your account number, current rate, payment due date or payment amount. Any automatic loan payments should continue without interruption, and you will be able to make your loan payment at any Beneficial branch beginning May 23. Please note that the payment address will change starting May 23 as follows: Beneficial Bank P.O. Box 8480 Philadelphia, PA ADVANTAGE BUSINESS CHECKING START GROWING SM BUSINESS PACKAGE Maintain a minimum daily balance of $2,000 to avoid a $25 monthly service charge. Up to 500 free debits/credits per month. Preferred interest rate on Business Statement Savings or Business Money Market. FREE Start Earning SM personal checking account for business owner. No annual fee line of credit up to $250,000. Additional interest rate tiers. BUSINESS STATEMENT BUSINESS STATEMENT Maintain a minimum daily balance of $300 to avoid a $5 monthly service charge. Statements mailed quarterly. EASY ESCROW PROGRAM DEPOSIT ESCROW PROGRAM No significant changes to processing and reporting. A Cash Management representative will contact each of these customers directly to discuss this customized program. Good news! There are no significant changes* to the following St. Edmond's accounts: Basic Business Checking Business Checking Business Money Market Certificates of Deposit (CDs) IOLTA Non-Profit Checking * Please refer to the enclosed Disclosure Handbook for account requirements and the Schedule of Fees - Business Accounts. 8 9 Questions? Call

6 Personal Banking Personal Banking Updates and Improvements Here are just a few of the things to look forward to at Beneficial: Account Packages The benefits get better when you do more of your banking with Beneficial. We offer three great account packages that link your checking and savings accounts to give you added privileges and savings. Plus, we make it easy to switch to an account package without changing account numbers or checks. See the next page for more details. Personal Checking ACCOUNT PACKAGES All of our checking accounts come with free Online Banking with Bill Pay, free Mobile Banking #, free Visa Check Card with BankThanks SM Rewards and no per-item or check fees. We offer the following personal checking accounts: Free Checking: A basic checking account for your everyday needs Interest Checking: Earn interest on your balances Campus Checking: For students age Earn additional benefits with account packages that link your Beneficial checking, savings and money market accounts on one statement. If you are interested in one of the account packages listed below, please call us to discuss your options. BankThanks SM Rewards is a program that makes your everyday purchases with your personal Beneficial Visa Check Card more rewarding. You earn one BankThanks SM point for every $2 you spend on signature-based purchases, and we make it easy to earn bonus points, too. Redeem your points for rewards like gift cards, cash, travel, merchandise and more. You will automatically be registered starting May 23. Go to BankThanks.com to sign up to receive monthly estatements with your points. Overdraft Protection Sign up for Beneficial s Overdraft Protection service, and you ll gain valuable peace of mind for those times when you may have inadvertently exceeded your available balance. Overdraft Protection covers overdrafts by linking any checking account to another Beneficial account. Ask us for more details. BEST IF YOU WANT: MINIMUM TO OPEN: MINIMUM DAILY BALANCE REQUIREMENT: MONTHLY SERVICE CHARGE: Start Earning SM Package To earn more and save more Start Rewarding SM Package Premium services for higher deposit balances $50 $50 $50 $1,000 combined balance $15, waived if minimum daily balance requirement is met $10,000 combined balance $20, waived if minimum daily balance requirement is met Start Benefiting SM Package Checking for customers age 50 and older $1,000 combined balance (or direct deposit) $8, waived if minimum daily balance requirement is met or with direct deposit CHECK CARD: Free Free with higher limits Free EARNS INTEREST: Yes Yes Yes ATM FEES: No Beneficial ATM fees, plus up to $5 back on non-beneficial ATM fees each cycle No Beneficial ATM fees, plus up to $10 back on non-beneficial ATM fees each cycle No Beneficial ATM fees EXTRAS: Automated $25 monthly transfer into Tiered Statement Savings account Home equity loan discount (.25%) Free initial order of checks Next-day availability for local checks Home equity loan discount (.25%) Unlimited free VIP checks Tiered Statement Savings account available # Standard text message rates will apply. Check with your mobile carrier. Combined balance from checking, savings & money market accounts. Combined balance from checking, savings, money market accounts & CDs. Discount off preferred rate with automatic payment. Unlimited free check orders Home equity loan discount (.25%) Tiered Statement Savings account available Questions? Call

7 Personal Banking Personal Savings, CDs and Retirement Accounts Saving is the cornerstone of financial security, which is why Beneficial makes it so easy and rewarding to save. Here are the many ways we can help you meet your financial goals through saving: Statement Savings: Earn interest while keeping instant access to your cash. Tiered Statement Savings: Higher rates for Start Earning SM, Start Rewarding SM and Start Benefiting SM checking customers (see page 9 of the Disclosure Handbook). Passbook Accounts: Our Passbook Savings and Premier Passbook accounts are the classic way to save and record all of your transactions. Children up to age 17 can enjoy an even higher passbook rate with Junior Passbook Savings. Student Savers: Children up to age 17 can open an account in their own name and when they do, they automatically get a cash bonus! Campus Savings: College students age can save while they learn. There are no fees attached to this account, and balances earn a preferred savings interest rate. Club Accounts: Save for holidays, vacations and more with this goal-oriented savings plan. Choose among Club Passbook Savings, Club Statement Savings or Holiday Club accounts and personalize your account with a customized name. Personal Money Market Account: Earn higher interest rates for higher balances. Certificates of Deposit: Receive guaranteed returns with fixed rates from 3 months to 5 years.** Retirement Accounts: Choose from Traditional and Roth IRAs to build a secure future. Personal Loans and Lines of Credit Beneficial makes borrowing simple. All of our loan decisions are made locally, by the same people who want to help you and your family make wise, affordable borrowing choices. In addition to providing unsecured loans and lines of credit, Beneficial also offers: Mortgages Discover a comprehensive range of fixed and adjustable rate mortgage loans, as well as a first-time homebuyer program and construction loans. In today s economy, you can count on our expertise and knowledge of local home values to help you make the smartest choice. We move quickly too, with next-business-day conditional approval so you can make a speedy offer. Equity Lines and Loans Make your home s equity work for you, with low rates and interest that may be tax deductible (consult your tax advisor for details). Choose a home equity loan with a low fixed rate, or a revolving line of credit that s ready whenever you are. New & Used Auto Loans Finance a new or used car with a Beneficial auto loan. Choose from various repayment terms to fit your budget. CD and Passbook Secured Loans Get a short-term loan that is secured by your own Beneficial deposits. Health Savings Accounts (HSA): Start saving for health care deductibles and expenses, while getting a nice tax benefit.*** ** A penalty may be imposed for early withdrawal. *** Beneficial Bank always suggests you consult with your tax and financial advisors Questions? Call

8 Business Banking William Mignucci, Jr., President, Di Bruno Bros. and Gerard P. Cuddy, President and CEO, Beneficial Bank Business Banking Updates and Improvements Beneficial offers many choices and resources for businesses, including: Business Account Packages Enjoy better rates and special privileges with our Business Account Packages Beneficial designed these with businesses like yours in mind. Online Business Banking with Bill Pay View your accounts, transactions, check images or statements with total security, any time of the day or night. Pay bills at your convenience in just a few clicks. You can even delegate tasks to employees, assigning different levels of access to each individual for total flexibility. You ll also have more reporting tools to help you keep control of your finances, and new capabilities to initiate wires, ACHs, internal transfers and stop payments. So you ll get more banking accomplished in less time. Cash Management Products Digital Deposit: Make daily business deposits from your workplace using a PC and a scanner. Just send us scanned images of the checks you want to deposit no branch visit necessary. Retail & Wholesale Lockbox: Payments mailed directly to a P.O. box are processed and deposited into your specified business checking account, with deposit details delivered to you daily. Merchant Services: Accept major credit cards for payment at your location or in the field. Escrow Services: Manage multiple client sub-accounts and track your escrow deposits easily and efficiently. Business Checking, Savings and CDs All of our business checking accounts come with free basic Online Business Banking with Bill Pay, a free Visa Business Check Card and monthly statements with check imaging. We offer the following business checking accounts: Small Business Checking: No monthly service charges or minimum balances Business Checking: Offset fees with an earnings credit on your transactions Sole Proprietor Checking: Interest-earning account for sole proprietors Non-Profit Checking: Interest-earning account for non-profit organizations Earn additional benefits with account packages that link your Beneficial business checking, savings and money market accounts on one statement. BEST IF YOU WANT: Start Growing SM Package All-purpose business account with extras MINIMUM TO OPEN: $100 $100 MINIMUM DAILY BALANCE REQUIREMENT: $2,000 $5,000 MONTHLY SERVICE CHARGE: $25, waived if minimum daily balance requirement is met CHECK CARD: Free Free EARNS INTEREST: Yes Yes BASIC ONLINE Free Free BANKING WITH BILL PAY: FREE ITEMS PER Up to 500 Up to 500 MONTH: EXTRAS: Preferred interest rate on Business Statement Savings or Business Money Market with automated monthly savings Discounted Cash Management packages No annual fee for line of credit up to $250,000 FREE Start Earning SM Package for business owner Subject to standard FDIC insurance coverage limit of $250,000. Professional Package A custom-designed package to help you run your accounting, legal or medical office $25, waived if minimum daily balance requirement is met Preferred interest rate on Business Statement Savings or Business Money Market Cash Management services available Annual fee for line of credit waived for the first year FREE Start Rewarding SM Package for business owner FREE Interest Checking for employees Questions? Call

9 Account Access Accessing your account Bank at the time and place that suits you best. Expanded Branch Network Bank conveniently at any of the more than 60 helpful banking offices where you live or work. ATMs Use your Beneficial Visa Check Card or ATM card at any one of our convenient 64 ATMs. Telephone Banking Beneficial provides another easy way to bank through our automated telephone banking system. Beginning May 23, you can call directly, login with your account number and Social Security Number and reset your PIN. Once you log in, your default Customer ID will be your Social Security Number and you will have the ability to select your own unique Customer ID. Personal and Business Online Banking Online Banking is secure and remarkably easy. Manage your accounts, pay bills and enjoy important new capabilities, including stop payments, requests for copies of statements or checks, online check orders and address changes. You can even see electronic statements starting the day they are issued. FinanceWorks is a personal online budgeting tool that shows you every dollar you earn, save and spend and helps you manage your money smarter. Swipe & Save Swipe & Save is a great way to earn cash back by simply using your Beneficial Check Card. When you shop using your personal Check Card, you ll receive targeted offers from your favorite retailers, delivered right to your Online Banking homepage. It s automatic and completely free for Online Banking users. Beneficial Mobile Banking Beneficial Mobile Banking lets you view your accounts, check loan balances and transaction history - even transfer funds from wherever you are, anytime you need to. Pennsylvania locations Bucks County Bensalem Bensalem Shopping Center Street & Hulmeville Roads Newtown Summit Square Shopping Center Route 413 & Doublewoods Road Warminster Rosemore Shopping Center 1043 W. County Line Road Warrington Stone Manor Corporate Center 1560 Easton Road Chester County Exton Main Street at Exton Delaware County Broomall Lawrence Park Shopping Center 1991 Sproul Road Clifton Heights Baltimore Pike & Oak Avenue Drexel Hill 1270 Township Line Road 1200 W. Township Line Road Eddystone Eddystone Crossing Shopping Center Chester Pike & Simpson Street Edgmont Edgmont Square Shopping Center 4733 West Chester Pike Folcroft Delcroft Shopping Center Delmar Drive & Glenolden Avenues Yeadon Church Lane & Guenther Avenue Montgomery County Ardmore Ardmore West Shopping Center 177 W. Lancaster Avenue 20 Woodside Road Conshohocken Whitemarsh Shopping Center 12 East Ridge Pike East Norriton Germantown Pike & Whitehall Road Flourtown 1311 Bethlehem Pike Jenkintown Baederwood Shopping Center 1601 The Fairway Standard text message rates will apply. Check with your mobile carrier. Former St. Edmond's branch. This branch will be consolidated into the neighboring branch listed below it Questions? Call

10 Account Access Pennsylvania locations (cont.) New Jersey locations Montgomery County (cont.) Burlington County Lansdale Toll Gate Plaza Shopping Center 1600 Sumneytown Pike Montgomeryville Five Points Plaza Shopping Center 640 Cowpath Road Narberth Montgomery & Gordon Avenues 901 Montgomery Avenue Springhouse 509 Springhouse Village Center Philadelphia County Center City Area 6 th & Walnut Streets 530 Walnut Street 12 th & Chestnut Streets 1139 Chestnut Street 16 th & Chestnut Streets 1600 Chestnut Street Northeast Philadelphia Academy Plaza Academy Plaza Shopping Center Academy & Red Lion Roads Mayfair Frankford & Cottman Avenues Tyson & Brous Avenues Holme Circle Holme Circle Shopping Center 2845 Holme Avenue Kensington Kensington & Allegheny Avenues Fox Chase 1411 Rhawn Street North Philadelphia LaSalle Chew Avenue & Wister Street Port Richmond Aramingo Avenue & Cumberland Street Northwest Philadelphia Roxborough 5873 Ridge Avenue South Philadelphia South Philadelphia Broad Street & Snyder Avenue Passyunk Avenue 1901 E. Passyunk Avenue Southwest Philadelphia Woodland 6401 Woodland Avenue West Philadelphia Bordentown 335 Farnsworth Avenue Browns Mills 93 Pemberton-Browns Mills Road Burlington Township-Neck Road 1029 Neck Road Burlington Township 809 Sunset Road 3 Sunset Road & Route 541 Chesterfield 305 Bordentown-Chesterfield Road Delran 3002 Route 130 North Edgewater Park 1149 Cooper Street Lumberton Route 38 & Eayrestown Road Medford 200 Tuckerton Road Medford Lakes 700 Stokes Road Moorestown 53 East Main Street Mount Holly 555 High Street Mount Laurel 3220 Route Church Road Riverton 712 Broad Street Southampton 1841 Route 70 Tabernacle 1484 Route 206 Willingboro 611 Beverly-Rancocas Road 4406 Route 130 North Camden County Audubon 157 White Horse Pike Cherry Hill 1901 Route 70 East 818 Haddonfield Road Pennsauken 2501 Merchantville Avenue Sicklerville Town Square Shopping Center 483 Cross Keys Road Gloucester County Deptford 1893 Hurffville Road Overbrook 7622 City Line Avenue Former St. Edmond's branch. This branch will be consolidated into the neighboring branch listed below it Questions? Call

11 Additional Services Personal & Business Insurance Services Beneficial Insurance Services, a subsidiary of Beneficial Bank, has provided protection for personal and business assets for more than 100 years. For individuals, we offer insurance for: Auto, Boats, and Recreational Vehicles Homeowners and Seasonal/Vacation Homes Jewelry and Fine Arts Renters Weddings Life, Health, Disability, Long Term Care and more For businesses, we provide a wide array of insurance offerings including (but not limited to): Property, Liability, Auto, Workers Compensation Group Medical, Life and Employee Benefits Professional/Medical Liability Programs Directors & Officers Liability Employment Practices Liability Cyber Liability No matter what the size or type of business, we can customize an insurance program that meets your needs. Call us for a FREE insurance consultation at Wealth Management Services The representatives of Beneficial Advisors, LLC can help you evaluate your financial goals and objectives in order to find the strategy that s right for you. By simply scheduling a review of your current banking accounts, Beneficial Advisors will help you understand all of your options and give you the tools to decide what s truly best for you and your family. By establishing customized strategies through a consultative, diversified approach, we will offer you the personal attention and expertise you need to feel more confident in your financial decisions. Through our understanding of key life events, we ll conduct a personalized needs analysis just for you. So whether you re looking for tax-efficient options, principal-protected accounts or competitive interest rates, it all starts with a complimentary consultation. If you value a trusted relationship that could help you reach your most essential long-term goals, contact one of our Beneficial Advisors at to discuss: Bank Account and Portfolio Reviews Retirement Planning Estate Planning and Trust Services Life Insurance Insurance products available through Beneficial Insurance Services, LLC, a wholly owned non-bank subsidiary of Beneficial Bank, are: Not a Deposit - Not FDIC Insured - Not Insured by any Federal Government Agency - Not Guaranteed by the Bank. invest Financial Corporation (INVEST), member FINRA, SIPC, a registered broker dealer and registered investment advisor, is not affiliated with Beneficial Advisors, LLC and does not offer tax or legal advice. Securities, advisory services and certain insurance products are offered through INVEST and affiliated insurance agencies and are: Not insured by the FDIC Not a deposit of, or guaranteed by, any bank or any Federal Government Agency - Subject to risks, including the possible loss of principal amount invested Questions? Call

12 About Us THE HISTORY OF BENEFICIAL BANK In the mid-1800s, banks catered only to wealthy businessmen. Without a secure place to store their money, Irish immigrants turned to the Catholic Church to guard their savings. As funds began to grow, priests, particularly the Bishop of Philadelphia, John Neumann, became concerned about the security of the money. Bishop Neumann began investigating ways to help these individuals. Beneficial history timeline February 14, 1853: Inspired by Saint John Neumann s vision of providing a safe, secure place for Philadelphia s immigrants to deposit their savings, members of the Board of Managers of St. Joseph s Hospital meet to discuss starting a saving fund society. Doing good on a local level Meet our volunteers, the Blue-Gooders The Blue-Gooders were established to organize and coordinate the varied volunteer and charitable activities of our employees, so we could maximize the impact of our efforts. Recent activity includes participation in Mayor Nutter s Philly Spring Cleanup, in the United Way of Burlington County s Day of Caring, and in dozens of community service initiatives, from Habitat for Humanity to the Philadelphia Reading Olympics, Cathedral Kitchen and Toys for Tots. Together, we can help local towns and residents lead happier, more fulfilling lives. And we're proud to lend our services to help achieve these worthy goals. April 20, 1853: The Beneficial Saving Fund Society is incorporated. January 30, 1854: Beneficial Bank opens its doors for business. October, 1927: The School Savings Department begins as a way to teach young children the importance of starting to save at an early age. Today, the Student Saver Account is an updated version of this product, allowing students to save and build sound money-saving habits. 2003: 150th anniversary of Beneficial Bank. January 14, 2005: The Bank completes the acquisition of the insurance firm Paul Hertel & Co., Inc. through the Bank's wholly owned subsidiary, Beneficial Insurances, LLC. July 13, 2007: The Company completes its minority stock offering and acquires FMS Financial Corporation, the parent company of Farmers & Mechanics Bank. October 5, 2007: Beneficial Mutual Bancorp, Inc., parent company of Beneficial Bank, announces that, through the Bank's wholly owned subsidiary, Beneficial Insurance Services, LLC, it will acquire the business of the CLA Agency, Inc. December 5, 2011: The Bank announces the acquisition of St. Edmond s Federal Savings Bank. With this acquisition, Beneficial Bank grows to more than 60 offices throughout the Delaware Valley. ADDITIONAL SERVICES FREE coin counting at select locations Visa Gift Cards Money orders estatements Questions? Call

13 Find us on 530 Walnut Street, Philadelphia, PA BEN109_Bro