Beneficial National Bank

Status:Inactive as of 06/30/1998
 Merger - Without Assistance
Successor Bank:Household Bank, FSB
Headquarters:Beneficial National Bank
1300 Market Street
Wilmington, DE 19801
Established:12/19/1952
FDIC Insurance:12/19/1952
FDIC Cert:#17158
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$358,104,000
Total Deposits:$281,464,000

History

1952-12-19Institution established: Original name:Peoples Bank and Trust Company
1983-01-01Changed name to Beneficial National Bank
1998-06-30Acquired Beneficial National Bank in WILMINGTON, DE
1998-06-30Acquired Beneficial Savings Bank, F.S.B. (19360) in TAMPA, FL
1998-06-30Merged into and subsequently operated as part of Household Bank, FSB (30971) in WOOD DALE, IL
2000-02-08Acquired Orchard Federal Savings Bank (32009) in ONTARIO, OR
2003-01-30Closed voluntarily and liquidated its assets.
2003-01-30Changed from the Bank Insurance Fund to the Savings Association Insurance Fund.

Financial Information (1997-12-31 and Older)