Beneficial Mutual Bancorp, Inc. operates as a holding company for Beneficial Mutual Savings Bank that provides consumer and commercial banking services to individuals, businesses, and nonprofit organizations in the United States. The company accepts a range of deposit products, including non-interest bearing demand deposits comprising individual checking accounts; interest bearing demand accounts, such as negotiable order of withdrawal, and municipal and money market accounts; savings accounts; certificates of deposit; and business banking deposit products consisting of commercial checking accounts and checking accounts for small businesses, as well as offers cash management services, which comprise remote deposit, lockbox service, and sweep accounts. It also offers commercial real estate loans; commercial business loans, including installment loans for capital improvements, equipment acquisition, and long-term working capital; commercial construction loans; one-to-four family residential loans; one-to-four family residential construction loans; consumer home equity loans and equity lines of credit; consumer personal loans, such as marine loans, loans for recreational vehicles, loans for motor homes, as well as loans secured by passbook accounts and certificates of deposits; consumer education loans; and loans secured by new and used automobiles. In addition, the company provides insurance brokerage and investment advisory services. As of March 31, 2012, it operated 60 offices in Philadelphia and southern New Jersey area. The company was founded in 1853 and is headquartered in Philadelphia, Pennsylvania. Beneficial Mutual Bancorp, Inc. is a subsidiary of Beneficial Savings Bank MHC.