Stradley & Sandler Synergize to Advise Beneficial Bank

Beneficial Bancorp Inc. completed the conversion of Beneficial Bank from the mutual holding company to the stock holding company form of organization, including the related stock offering conducted in connection with the conversion. The shares of company common stock trade on the Nasdaq Global Select Market under the trading symbol BNCL.

Stradley served as legal counsel to Sandler O'Neill & Partners, L.P., the marketing agent for Beneficial Bank in connection with the institution’s offering and company form conversion. Stradley also has served as counsel to Beneficial for more than four decades.

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