Gerard P. Cuddy
President and CEO

Gerry joined Beneficial as President and CEO in 2006. Gerry is a banking veteran of more than 30 years with broad management and senior leadership experience.


In his role, Gerry directs Beneficial’s efforts to provide customers with education and resources to help them to do the right thing financially. During his tenure, he has moved Beneficial forward by taking the bank fully public, and leading several acquisitions, including the acquisition of St. Edmond’s Federal Savings Bank in 2012. 


Committed to improving the communities that Beneficial serves, Gerry is on the boards of the Foreign Policy Research Institute, the Philadelphia Union League, the Barnes Foundation and Federal Reserve Bank of Philadelphia Community Depository Institution Advisory Council.


Gerry holds a B.A. in Economics from Villanova University and earned his MBA at St. Joseph’s University.

Thomas D. Cestare
Executive Vice President, Chief Financial Officer

Tom joined Beneficial as CFO in 2010, and is responsible for the overall financial operation of the bank, leading the Accounting, Finance, Investor Relations and Securities / Funds Management departments. Tom partners with Beneficial’s CEO in the development and execution of the bank’s strategic plan with a strong focus on overall profitability and growth of the company.


Tom has more than 24 years of experience in managing the financial risks of major companies, as well as strategic financial planning and reporting.


Tom holds a B.S. in Accounting from the University of Delaware and has received his CPA.

Joseph Canosa
Executive Vice President, Chief Credit Officer

Joe leads the Bank’s Credit Risk Management for Commercial Lending, Consumer Lending, and Residential Mortgages.

Joe has over thirty years of banking experience and has held leadership positions in both Commercial Lending and Commercial Credit. He joined Beneficial Bank in 2014 as Senior Credit Officer for Commercial Lending and was named Chief Credit Officer in March 2015. Joe is Credit Risk Certified through RMA.

 Joe holds a B.S. in Economics from Villanova University and a Masters of Business Administration in Finance from St. Joseph’s University.


Joanne Ryder
Executive Vice President, Chief Administration Officer

Joanne plays an instrumental role in the execution of Beneficial’s strategic vision. As Chief Administration Officer, she oversees functional areas including deposit and lending operations, information technology, marketing and communications, education and development, human resources, community relations, and the customer contact center.


In her nine years with Beneficial, Joanne has been a key architect of the bank’s growth and brand evolution. She has nearly twenty years of experience in the financial services industry: prior to joining Beneficial, Joanne held Marketing roles of increasing responsibility at Commerce Bank and Firstrust Bank.


Joanne earned her Bachelor of Arts in Communications from Pennsylvania State University, and is currently pursuing her EMBA at Villanova University.

Martin F. Gallagher , Jr.
Executive Vice President, Chief Lending Officer

Marty leads the bank’s lending efforts, and is responsible for developing new client relationships and brand awareness strategies.


A seasoned leader, Marty has spent more than 25 years developing relationships with local business owners and real estate entrepreneurs. He joined Beneficial in 2011 to build the bank’s commercial lending business while enhancing the bank’s overall credit approach. Marty was named Chief Credit Officer in 2012, and to his current role as Chief Lending Officer in 2015.


Marty has been a speaker at the Risk Management Association (RMA) National Conference, and serves the community in events and activities of interest.


Marty holds a Masters of Business Administration in Finance and a B.A. from St. Joseph’s University.

Pamela M. Cyr
Executive Vice President, Chief Retail Officer

Pamela M. Cyr is Executive Vice President and Chief Retail Banking Officer for Beneficial Bank. In this role, Pam oversees Beneficial’s retail operations in Philadelphia and Southern New Jersey, and manages residential, consumer and cash management sales departments.


Pam has thirty years of progressive leadership experience in the financial services industry. Prior to her current role, Pam was President and Chief Executive Officer of St. Edmond’s Federal Savings Bank through its acquisition by Beneficial in 2012. She has also served as Chief Financial Officer at Susquehanna Patriot Bank and Roxborough-Manayunk Bank, Controller of Commerce Capital Markets and Audit Manager at Deloitte & Touche LLP. Pam is a Certified Public Accountant and member of the AICPA and PICPA, and a graduate of LaSalle University.

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1818 Beneficial Bank Place
1818 Market Street
Philadelphia, PA 19103

The use of non-secure email is intended for general questions, inquiries and comments only. Confidential Customer information cannot be accepted electronically.

Routing No: 236075689

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