NASDAQ Framework: WSFS Financial Corporation

Regional bank offering comprehensive financial services 1.

WSFS Financial Corporation is a multibillion-dollar financial services company headquartered in Wilmington, Delaware. It operates through its primary subsidiary, WSFS Bank, which is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. The company provides a wide range of financial services, including commercial and consumer banking, treasury management, and trust and wealth management, through 114 offices across multiple states. WSFS Bank has been serving the Greater Delaware Valley since 1832 and is one of the ten oldest banks in the United States continuously operating under the same name 2 3 4 5.

2: WSFS Financial Corporation (WSFS) WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com(opens in a new window). Other subsidiaries or divisions of WSFS Financial Corporation are listed below. The Wealth Management segment of WSFS provides a broad array of planning and advisory services, investment management, trust services, and credit and deposit products to individual, corporate, and institutional clients through multiple integrated businesses, including: Bryn Mawr Trust®, is a division of WSFS Bank focusing attention and resources on financial planning for high-net-worth individuals, families, and institutions. Bryn Mawr Capital Management, LLC, is an SEC-registered investment adviser and a subsidiary of WSFS Financial Corporation with a primary market segment of high net worth individuals and institutions offering fully customized investment, tax and estate planning strategies. The Bryn Mawr Trust Company of Delaware, a subsidiary of WSFS, provides directed trustee services for individuals establishing trusts for personal tax and/or estate planning purposes. Powdermill® Financial Solutions, a subsidiary of WSFS, is a boutique multi-family office for ultra-high net worth families, entrepreneurs and corporate executives. WSFS Institutional Services®, a division of WSFS Bank, offers owner and indenture trustee services for asset-backed securities, indenture trustee for corporate debt issuances, administrative and collateral agent for the leveraged loan market, as well as custody, escrow, verification agent and independent director services. WSFS Wealth® Investments, a division of WSFS Bank, provides advisory, insurance and brokerage products primarily to our retail banking clients. Cash Connect®, a division of WSFS Bank, is a premier provider of ATM vault cash and related services in the United States and operates more than 600 ATMs for WSFS Bank, which has one of the largest ATM networks in the Greater Delaware Valley. WSFS Mortgage®, a division of WSFS Bank, is a leading mortgage lender providing a wide range of mortgage programs in the Delaware Valley and nationally. Arrow Land Transfer is a related title insurance agent serving communities in Delaware, Pennsylvania and New Jersey. NewLane Finance®, a subsidiary of WSFS Bank, is a commercial equipment finance company that utilizes the latest technology to deliver simple, fast and competitive financing solutions. View Source3: WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. Member FDIC | Equal Housing Lender | NMLS #417673 View Source4: WSFS Financial Corporation is a financial services company. Its primary subsidiary, WSFS Bank, a federal savings bank, is the largest and longest-standing locally managed bank and trust company headquartered in Delaware and the Greater Delaware Valley. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management.[2] View Source5: Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name.[3] View Source

NO

Rodger Levenson is the current President and CEO of WSFS Financial Corporation, having taken on the role on January 1, 2019. Mark A. Turner, who was the previous President and CEO, is now the Executive Chairman of the Board of Directors. There is no indication that the founders are still leading or heavily involved in the company 6 7.

6: ^ Jump up to: a b "WSFS Bank Completes Executive Leadership Transition: Rodger Levenson Appointed President and Chief Executive Officer, Mark A. Turner Assumes the Role of Executive Chairman of the Board of Directors |". WSFS Bank. WSFS Financial Corporation.{{cite web}}: CS1 maint: others (link) ^ "WSFS Reports 4Q 2023 EPS of $1.05 and ROA of 1.25%; Reflects Strong Deposit and Fee Revenue Growth, NIM of 3.99%; Full Year EPS of $4.40 and ROA of 1.33%". Retrieved 1 March 2024. ^ Jump up to: a b "WSFS Financial Corporation and Alliance Bancorp, Inc. of Pennsylvania Enter Into Definitive Agreement and Plan of Merger". WSFS Bank. Archived from the original on 30 June 2017. Retrieved 17 April 2015. ^ "WSFS Reports 1Q 2019 Results". WSFS Bank. Archived from the original on 2019-05-05. Retrieved 2019-05-05. ^ "WSFS Bank - Our History". Archived from the original on 2007-05-20. Retrieved 2007-03-31. ^ "Delawareonline ¦ the News Journal, Wilmington, del. ¦ Error: Invalid story key (BL,20070322,BUSINESS,70322042,AR)". Archived from the original on 2007-09-30. ^ Wilmington Savings Fund Society Archived 2015-05-06 at the Wayback Machine, search form, National Register of Historic Places. Click on the Search button to get link to the bank's listing (The January 30, 1985 listing includes links to the bank's Inventory Nomination Form and an exterior photograph). Retrieved 2011-01-27. ^ "Tallest skyscrapers: Wilmington High-rise Buildings (all), Emporis Corporation". 2004-08-26. Archived from the original on 2004-08-26. Retrieved 2011-01-27. ^ Gallup, Inc. (28 March 2013). "Why This Bank Prospered While Others Failed". gallup.com. Archived from the original on 30 May 2015. Retrieved 10 June 2015. ^ "The News Journal: Readers' Choice 2018" (PDF). php.delawareonline.com. Archived from the original (PDF) on 2019-05-05. Retrieved 2019-05-05. ^ Jump up to: a b "WSFS Bank". topworkplaces.com. Retrieved 2023-03-24. ^ Harter, Jim; Rubenstein, Kristi; Mclain, Denise (31 March 2022). "Announcing the 2022 Gallup Exceptional Workplace Award Winners". Gallup. ^ "Gallup Culture Transformation Award". www.gallup.com. Gallup. Retrieved 12 October 2020. ^ "WSFS Bank Receives the 2019 Gallup Great Workplace Award, Fourth in a Row" (Press release). 23 April 2019. ^ "WSFS Executes Next Phase of Leadership Succession Plan; Rodger Levenson elevated to Chairman of the Board; Mark A. Turner will continue to serve on WSFS Board". WSFS Financial Corporation. Retrieved 2020-01-02. ^ "Investor Relations". WSFS Bank. ^ "About Us - About WSFS | WSFS Financial Corporation". ^ "WSFS Reports 1Q 2022 Results". ^ "WSFS Completes Merger and Brand Conversion of Cypress Capital Management and West Capital Management into Bryn Mawr Capital Management". investors.wsfsbank.com/. Retrieved 27 January 2023. ^ "Photo Release -- WSFS Announces Combination of Christiana Trust Company of Delaware and the Bryn Mawr Trust Company of Delaware Wealth Management Franchises | WSFS Financial Corporation". ^ "WSFS Bank Acquires Delaware Branch Network From Sun National Bank - WSFS Financial Corporation". WSFS Financial Corporation. Retrieved 22 November 2018. ^ "WSFS Acquires The First National Bank of Wyoming". WSFS Bank. Archived from the original on 6 April 2017. Retrieved 17 April 2015. ^ "WSFS Financial Corporation and Penn Liberty Financial Corp to Combine (NASDAQ:WSFS)". investors.wsfsbank.com. Archived from the original on 2016-06-30. ^ "WSFS Financial Corporation Receives All Required Approvals to Acquire Penn Liberty Financial Corp (NASDAQ:WSFS)". investors.wsfsbank.com. Archived from the original on 2016-06-30. ^ "WSFS Announces Combination with Powdermill Financial Solutions". WSFS Financial Corporation. 2016-08-03. Retrieved 2018-11-24. ^ "WSFS Financial Corporation Announces Combination with Beneficial Bancorp, Inc., Creating the Largest, Premier, Locally-Headquartered Community Bank for the Greater Delaware Valley - WSFS Financial Corporation". WSFS Financial Corporation. Retrieved 22 November 2018. ^ "WSFS broke the mold with its latest deal. Other banks should take note". 10 August 2018. Retrieved 22 November 2018. ^ "WSFS Financial Corporation Completes Acquisition of Beneficial Bancorp, Inc". ^ "WSFS buys Bryn Mawr Trust for $1 billion, bulks up as Philly area's largest hometown bank". Inquirer.com. 10 March 2021. Retrieved 10 March 2021. ^ "Up-to-date information on the combination of WSFS and BMT". WSFS Financial Corporation. Retrieved 10 March 2021. View Source7: On January 1, 2019, Rodger Levenson became WSFS’ 13th President and CEO in the company's 186-year history. WSFS also elevated Mark A. Turner from chairman to Executive Chairman of the board of directors. Mr. Turner stepped aside from the roles of President and CEO on December 31, 2018, after a dozen years as WSFS’ Chief Executive, where he successfully guided the company through the 2008 Financial Crisis, Great Recession, Government intervention in banking and a regulatory regime change.[1] View Source

LOW RISK

WSFS Financial Corporation is in a strong financial position, with $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration as of March 31, 2024 8 9. The company has a diversified business model, offering comprehensive financial services through multiple subsidiaries and divisions, which enhances its financial stability 10 11. Additionally, WSFS has a history of successful acquisitions and expansions, further solidifying its market position 12 13 14. The company's Baa2 Issuer Rating with a Stable Outlook from Moody's reflects its strong capital, liquidity, and credit 15.

8: WSFS Financial Corporation (WSFS) WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com(opens in a new window). Other subsidiaries or divisions of WSFS Financial Corporation are listed below. The Wealth Management segment of WSFS provides a broad array of planning and advisory services, investment management, trust services, and credit and deposit products to individual, corporate, and institutional clients through multiple integrated businesses, including: Bryn Mawr Trust®, is a division of WSFS Bank focusing attention and resources on financial planning for high-net-worth individuals, families, and institutions. Bryn Mawr Capital Management, LLC, is an SEC-registered investment adviser and a subsidiary of WSFS Financial Corporation with a primary market segment of high net worth individuals and institutions offering fully customized investment, tax and estate planning strategies. The Bryn Mawr Trust Company of Delaware, a subsidiary of WSFS, provides directed trustee services for individuals establishing trusts for personal tax and/or estate planning purposes. Powdermill® Financial Solutions, a subsidiary of WSFS, is a boutique multi-family office for ultra-high net worth families, entrepreneurs and corporate executives. WSFS Institutional Services®, a division of WSFS Bank, offers owner and indenture trustee services for asset-backed securities, indenture trustee for corporate debt issuances, administrative and collateral agent for the leveraged loan market, as well as custody, escrow, verification agent and independent director services. WSFS Wealth® Investments, a division of WSFS Bank, provides advisory, insurance and brokerage products primarily to our retail banking clients. Cash Connect®, a division of WSFS Bank, is a premier provider of ATM vault cash and related services in the United States and operates more than 600 ATMs for WSFS Bank, which has one of the largest ATM networks in the Greater Delaware Valley. WSFS Mortgage®, a division of WSFS Bank, is a leading mortgage lender providing a wide range of mortgage programs in the Delaware Valley and nationally. Arrow Land Transfer is a related title insurance agent serving communities in Delaware, Pennsylvania and New Jersey. NewLane Finance®, a subsidiary of WSFS Bank, is a commercial equipment finance company that utilizes the latest technology to deliver simple, fast and competitive financing solutions. View Source9: WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. Member FDIC | Equal Housing Lender | NMLS #417673 View Source10: WSFS Financial Corporation (WSFS) WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com(opens in a new window). Other subsidiaries or divisions of WSFS Financial Corporation are listed below. The Wealth Management segment of WSFS provides a broad array of planning and advisory services, investment management, trust services, and credit and deposit products to individual, corporate, and institutional clients through multiple integrated businesses, including: Bryn Mawr Trust®, is a division of WSFS Bank focusing attention and resources on financial planning for high-net-worth individuals, families, and institutions. Bryn Mawr Capital Management, LLC, is an SEC-registered investment adviser and a subsidiary of WSFS Financial Corporation with a primary market segment of high net worth individuals and institutions offering fully customized investment, tax and estate planning strategies. The Bryn Mawr Trust Company of Delaware, a subsidiary of WSFS, provides directed trustee services for individuals establishing trusts for personal tax and/or estate planning purposes. Powdermill® Financial Solutions, a subsidiary of WSFS, is a boutique multi-family office for ultra-high net worth families, entrepreneurs and corporate executives. WSFS Institutional Services®, a division of WSFS Bank, offers owner and indenture trustee services for asset-backed securities, indenture trustee for corporate debt issuances, administrative and collateral agent for the leveraged loan market, as well as custody, escrow, verification agent and independent director services. WSFS Wealth® Investments, a division of WSFS Bank, provides advisory, insurance and brokerage products primarily to our retail banking clients. Cash Connect®, a division of WSFS Bank, is a premier provider of ATM vault cash and related services in the United States and operates more than 600 ATMs for WSFS Bank, which has one of the largest ATM networks in the Greater Delaware Valley. WSFS Mortgage®, a division of WSFS Bank, is a leading mortgage lender providing a wide range of mortgage programs in the Delaware Valley and nationally. Arrow Land Transfer is a related title insurance agent serving communities in Delaware, Pennsylvania and New Jersey. NewLane Finance®, a subsidiary of WSFS Bank, is a commercial equipment finance company that utilizes the latest technology to deliver simple, fast and competitive financing solutions. View Source11: WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. Member FDIC | Equal Housing Lender | NMLS #417673 View Source12: WSFS steered through the Great Recession and came out stronger than before.[9] In 2010, WSFS began to expand further into southeastern Pennsylvania with the relocation of its Glen Mills branch. WSFS has since opened additional locations in Edgmont, Kennett Square, Media and West Chester, and expanded further in southeastern Pennsylvania through strategic acquisitions, including Alliance Bank in April 2015, Penn Liberty Bank in November 2015, and Philadelphia-based Beneficial Bank in March 2019. Additionally, the WSFS Bank brand was introduced in New Jersey in August 2019 when former Beneficial Bank branches were rebranded as WSFS Bank. View Source13: In August 2018, WSFS and Beneficial Bancorp, Inc., jointly announced the signing of a definitive agreement whereby WSFS would acquire Beneficial to create the largest and longest-standing locally headquartered community bank in the Greater Delaware Valley.[26] At the time of the announcement, the acquisition was the third-largest bank deal of 2018.[27] WSFS' acquisition of Beneficial was completed in March 2019 growing the bank to 152 locations in the market with $12.2 billion in assets.[28] WSFS rebranded or consolidated all former Beneficial Bank locations to WSFS Bank on August 26, 2019. View Source14: In November 2015, WSFS announced it would acquire Penn Liberty Bank, headquartered in Wayne, Pennsylvania. It received all approvals to complete the acquisition in April 2016. The merger was completed in August 2016. WSFS Bank grew to more 70 offices including 24 locations in southeastern Pennsylvania, significantly strengthening WSFS' market position in that region.[23][24] View Source15: WSFS Financial Corp’s Baa2 Issuer Rating with a Stable Outlook Affirmed by Moody’s, Reflects Strong Capital, Liquidity, Credit, and Diversified Business Model View Source

NO

There is no evidence to suggest that WSFS Financial Corporation is launching any new product offerings at this time. The provided facts do not mention any new product launches [f14560-f14509]NO

There is no evidence to suggest that WSFS Financial Corporation is launching any new product offerings at this time. The provided facts do not mention any new product launches [f14560-f14509].

WSFS Financial Corporation's product roadmap and expansion strategy for 2024 through 2026 focuses on continuing its growth through strategic acquisitions and enhancing its service offerings. The company has a history of successful acquisitions, such as the integration of Bryn Mawr Bank Corporation in 2021, which expanded its footprint in the Philadelphia suburbs 16. WSFS aims to maintain and grow its market position by leveraging its diversified business model, which includes comprehensive financial services like commercial and consumer banking, treasury management, and trust and wealth management 17. Additionally, WSFS is committed to community engagement and financial literacy, as evidenced by initiatives like sponsoring Lemonade Day Wilmington and supporting local organizations through the WSFS CARES Foundation 18 19. This strategy positions WSFS to continue its legacy of stability and growth in the Greater Delaware Valley region.

16: In March 2021, WSFS announced the acquisition of Bryn Mawr Bank Corporation for $976.4 million, further expanding the bank's footprint in the Philadelphia suburbs.[29] At the time Bryn Mawr Bank Corp. operated 41 branches under the Bryn Mawr Trust name. WSFS plans to maintain the historic Bryn Mawr Trust office building in on Lancaster Avenue in Bryn Mawr, but anticipates closing as many as 30% of the combined companies' branches.[30] The combined bank will control nearly 7% of bank deposits in the Philadelphia region. View Source17: WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. Member FDIC | Equal Housing Lender | NMLS #417673 View Source18: WSFS Bank 16,423 followers 1d Report this post We're proud to serve as presenting sponsor for Lemonade Day Wilmington, fostering financial literacy and an entrepreneurial spirit in the next generation. This program teaches children goal setting, problem-solving, and financial literacy through hands-on experience running a lemonade stand. 27 Like Comment Share WSFS Bank 16,423 followers 3d Report this post #WSFS was proud to recognize TeenSHARP as the WSFS Bank Community Partner of the Match at the Philadelphia Union! 13 Like Comment Share WSFS Bank 16,423 followers 5d Report this post #WSFS’ Don Lee recently closed $5 million owner-occupied commercial mortgages to refinance an SBA 7(a) loan for an automatic car wash in Bucks County, Pennsylvania. Explore how we can assist your business. https://bit.ly/4bUKv4m 51 2 Comments Like Comment Share WSFS Bank 16,423 followers 5d Report this post #WSFS is pleased to announce the hire of Stacey Ioia, M.S., CAMS, CECI as Senior Vice President, Director of Enterprise Fraud Risk Management. Ioia will be responsible for leading the Enterprise Fraud Risk Management Program, including the direct supervision of Associates who prevent, detect, and mitigate financial criminal activity and potential financial losses. WSFS Announces Stacey Ioia as Senior Vice President, Director of Enterprise Fraud Risk Management investors.wsfsbank.com 57 13 Comments Like Comment Share WSFS Bank 16,423 followers 6d Report this post Fraud is a growing concern for businesses today, with 96% of U.S. companies targeted in the past year. Automation offers a powerful solution to protect your business. Discover how automation can help protect your business from fraud. How Automation Can Help Protect Your Business | WSFS Bank wsfsbank.com 3 Like Comment Share WSFS Bank 16,423 followers 1w Edited Report this post Dana's journey to homeownership wasn't easy, but with WSFS Mortgage by her side, she achieved her dream. WSFS Mortgage’s Melinda Johnson, MBA and Helen Dwyer provided guidance on financial programs. Discover how WSFS Mortgage empowers first-time homebuyers like Dana. First Home: How WSFS Mortgage Helped Achieve the Dream of Homeownership | WSFS Bank wsfsbank.com 15 Like Comment Share WSFS Bank 16,423 followers 1w Report this post The WSFS CARES Foundation is proud to announce $200,000 in grants to support Be Ready Community Development Corp. and TeenSHARP! These grants will fund affordable housing initiatives and college access programs. WSFS CARES Foundation Supports Community Organizations with $200K in Second Quarter Grants | WSFS Bank wsfsbank.com 17 Like Comment Share WSFS Bank 16,423 followers 1w Edited Report this post #WSFS’ Megan Allen recently closed a $300K commercial mortgage for a 5-unit residential apartment building in Beverly, New Jersey. Learn how we can help your business. https://bit.ly/3z8Tn8G 23 2 Comments Like Comment Share WSFS Bank 16,423 followers 1w Report this post Financial security starts with awareness. Learn how your bank communicates. Never click links or share personal information in unverified messages. https://bit.ly/4cxvbeT …see more 10 Like Comment Share WSFS Bank 16,423 followers 1w Report this post #WSFS was proud to recognize Be Ready CDC as the WSFS Bank Community Partner of the Match at the Philadelphia Union! 20 Like Comment Share View Source19: WSFS CARES Foundation Supports Community Organizations with $200K in Second Quarter Grants View Source

Sources

1: WSFS Financial Corporation (WSFS) WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com(opens in a new window). Other subsidiaries or divisions of WSFS Financial Corporation are listed below. The Wealth Management segment of WSFS provides a broad array of planning and advisory services, investment management, trust services, and credit and deposit products to individual, corporate, and institutional clients through multiple integrated businesses, including: Bryn Mawr Trust®, is a division of WSFS Bank focusing attention and resources on financial planning for high-net-worth individuals, families, and institutions. Bryn Mawr Capital Management, LLC, is an SEC-registered investment adviser and a subsidiary of WSFS Financial Corporation with a primary market segment of high net worth individuals and institutions offering fully customized investment, tax and estate planning strategies. The Bryn Mawr Trust Company of Delaware, a subsidiary of WSFS, provides directed trustee services for individuals establishing trusts for personal tax and/or estate planning purposes. Powdermill® Financial Solutions, a subsidiary of WSFS, is a boutique multi-family office for ultra-high net worth families, entrepreneurs and corporate executives. WSFS Institutional Services®, a division of WSFS Bank, offers owner and indenture trustee services for asset-backed securities, indenture trustee for corporate debt issuances, administrative and collateral agent for the leveraged loan market, as well as custody, escrow, verification agent and independent director services. WSFS Wealth® Investments, a division of WSFS Bank, provides advisory, insurance and brokerage products primarily to our retail banking clients. Cash Connect®, a division of WSFS Bank, is a premier provider of ATM vault cash and related services in the United States and operates more than 600 ATMs for WSFS Bank, which has one of the largest ATM networks in the Greater Delaware Valley. WSFS Mortgage®, a division of WSFS Bank, is a leading mortgage lender providing a wide range of mortgage programs in the Delaware Valley and nationally. Arrow Land Transfer is a related title insurance agent serving communities in Delaware, Pennsylvania and New Jersey. NewLane Finance®, a subsidiary of WSFS Bank, is a commercial equipment finance company that utilizes the latest technology to deliver simple, fast and competitive financing solutions. View Source2: WSFS Financial Corporation (WSFS) WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com(opens in a new window). Other subsidiaries or divisions of WSFS Financial Corporation are listed below. The Wealth Management segment of WSFS provides a broad array of planning and advisory services, investment management, trust services, and credit and deposit products to individual, corporate, and institutional clients through multiple integrated businesses, including: Bryn Mawr Trust®, is a division of WSFS Bank focusing attention and resources on financial planning for high-net-worth individuals, families, and institutions. Bryn Mawr Capital Management, LLC, is an SEC-registered investment adviser and a subsidiary of WSFS Financial Corporation with a primary market segment of high net worth individuals and institutions offering fully customized investment, tax and estate planning strategies. The Bryn Mawr Trust Company of Delaware, a subsidiary of WSFS, provides directed trustee services for individuals establishing trusts for personal tax and/or estate planning purposes. Powdermill® Financial Solutions, a subsidiary of WSFS, is a boutique multi-family office for ultra-high net worth families, entrepreneurs and corporate executives. WSFS Institutional Services®, a division of WSFS Bank, offers owner and indenture trustee services for asset-backed securities, indenture trustee for corporate debt issuances, administrative and collateral agent for the leveraged loan market, as well as custody, escrow, verification agent and independent director services. WSFS Wealth® Investments, a division of WSFS Bank, provides advisory, insurance and brokerage products primarily to our retail banking clients. Cash Connect®, a division of WSFS Bank, is a premier provider of ATM vault cash and related services in the United States and operates more than 600 ATMs for WSFS Bank, which has one of the largest ATM networks in the Greater Delaware Valley. WSFS Mortgage®, a division of WSFS Bank, is a leading mortgage lender providing a wide range of mortgage programs in the Delaware Valley and nationally. Arrow Land Transfer is a related title insurance agent serving communities in Delaware, Pennsylvania and New Jersey. NewLane Finance®, a subsidiary of WSFS Bank, is a commercial equipment finance company that utilizes the latest technology to deliver simple, fast and competitive financing solutions. View Source3: WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. Member FDIC | Equal Housing Lender | NMLS #417673 View Source4: WSFS Financial Corporation is a financial services company. Its primary subsidiary, WSFS Bank, a federal savings bank, is the largest and longest-standing locally managed bank and trust company headquartered in Delaware and the Greater Delaware Valley. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management.[2] View Source5: Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name.[3] View Source6: ^ Jump up to: a b "WSFS Bank Completes Executive Leadership Transition: Rodger Levenson Appointed President and Chief Executive Officer, Mark A. Turner Assumes the Role of Executive Chairman of the Board of Directors |". WSFS Bank. WSFS Financial Corporation.{{cite web}}: CS1 maint: others (link) ^ "WSFS Reports 4Q 2023 EPS of $1.05 and ROA of 1.25%; Reflects Strong Deposit and Fee Revenue Growth, NIM of 3.99%; Full Year EPS of $4.40 and ROA of 1.33%". Retrieved 1 March 2024. ^ Jump up to: a b "WSFS Financial Corporation and Alliance Bancorp, Inc. of Pennsylvania Enter Into Definitive Agreement and Plan of Merger". WSFS Bank. Archived from the original on 30 June 2017. Retrieved 17 April 2015. ^ "WSFS Reports 1Q 2019 Results". WSFS Bank. Archived from the original on 2019-05-05. Retrieved 2019-05-05. ^ "WSFS Bank - Our History". Archived from the original on 2007-05-20. Retrieved 2007-03-31. ^ "Delawareonline ¦ the News Journal, Wilmington, del. ¦ Error: Invalid story key (BL,20070322,BUSINESS,70322042,AR)". Archived from the original on 2007-09-30. ^ Wilmington Savings Fund Society Archived 2015-05-06 at the Wayback Machine, search form, National Register of Historic Places. Click on the Search button to get link to the bank's listing (The January 30, 1985 listing includes links to the bank's Inventory Nomination Form and an exterior photograph). Retrieved 2011-01-27. ^ "Tallest skyscrapers: Wilmington High-rise Buildings (all), Emporis Corporation". 2004-08-26. Archived from the original on 2004-08-26. Retrieved 2011-01-27. ^ Gallup, Inc. (28 March 2013). "Why This Bank Prospered While Others Failed". gallup.com. Archived from the original on 30 May 2015. Retrieved 10 June 2015. ^ "The News Journal: Readers' Choice 2018" (PDF). php.delawareonline.com. Archived from the original (PDF) on 2019-05-05. Retrieved 2019-05-05. ^ Jump up to: a b "WSFS Bank". topworkplaces.com. Retrieved 2023-03-24. ^ Harter, Jim; Rubenstein, Kristi; Mclain, Denise (31 March 2022). "Announcing the 2022 Gallup Exceptional Workplace Award Winners". Gallup. ^ "Gallup Culture Transformation Award". www.gallup.com. Gallup. Retrieved 12 October 2020. ^ "WSFS Bank Receives the 2019 Gallup Great Workplace Award, Fourth in a Row" (Press release). 23 April 2019. ^ "WSFS Executes Next Phase of Leadership Succession Plan; Rodger Levenson elevated to Chairman of the Board; Mark A. Turner will continue to serve on WSFS Board". WSFS Financial Corporation. Retrieved 2020-01-02. ^ "Investor Relations". WSFS Bank. ^ "About Us - About WSFS | WSFS Financial Corporation". ^ "WSFS Reports 1Q 2022 Results". ^ "WSFS Completes Merger and Brand Conversion of Cypress Capital Management and West Capital Management into Bryn Mawr Capital Management". investors.wsfsbank.com/. Retrieved 27 January 2023. ^ "Photo Release -- WSFS Announces Combination of Christiana Trust Company of Delaware and the Bryn Mawr Trust Company of Delaware Wealth Management Franchises | WSFS Financial Corporation". ^ "WSFS Bank Acquires Delaware Branch Network From Sun National Bank - WSFS Financial Corporation". WSFS Financial Corporation. Retrieved 22 November 2018. ^ "WSFS Acquires The First National Bank of Wyoming". WSFS Bank. Archived from the original on 6 April 2017. Retrieved 17 April 2015. ^ "WSFS Financial Corporation and Penn Liberty Financial Corp to Combine (NASDAQ:WSFS)". investors.wsfsbank.com. Archived from the original on 2016-06-30. ^ "WSFS Financial Corporation Receives All Required Approvals to Acquire Penn Liberty Financial Corp (NASDAQ:WSFS)". investors.wsfsbank.com. Archived from the original on 2016-06-30. ^ "WSFS Announces Combination with Powdermill Financial Solutions". WSFS Financial Corporation. 2016-08-03. Retrieved 2018-11-24. ^ "WSFS Financial Corporation Announces Combination with Beneficial Bancorp, Inc., Creating the Largest, Premier, Locally-Headquartered Community Bank for the Greater Delaware Valley - WSFS Financial Corporation". WSFS Financial Corporation. Retrieved 22 November 2018. ^ "WSFS broke the mold with its latest deal. Other banks should take note". 10 August 2018. Retrieved 22 November 2018. ^ "WSFS Financial Corporation Completes Acquisition of Beneficial Bancorp, Inc". ^ "WSFS buys Bryn Mawr Trust for $1 billion, bulks up as Philly area's largest hometown bank". Inquirer.com. 10 March 2021. Retrieved 10 March 2021. ^ "Up-to-date information on the combination of WSFS and BMT". WSFS Financial Corporation. Retrieved 10 March 2021. View Source7: On January 1, 2019, Rodger Levenson became WSFS’ 13th President and CEO in the company's 186-year history. WSFS also elevated Mark A. Turner from chairman to Executive Chairman of the board of directors. Mr. Turner stepped aside from the roles of President and CEO on December 31, 2018, after a dozen years as WSFS’ Chief Executive, where he successfully guided the company through the 2008 Financial Crisis, Great Recession, Government intervention in banking and a regulatory regime change.[1] View Source8: WSFS Financial Corporation (WSFS) WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com(opens in a new window). Other subsidiaries or divisions of WSFS Financial Corporation are listed below. The Wealth Management segment of WSFS provides a broad array of planning and advisory services, investment management, trust services, and credit and deposit products to individual, corporate, and institutional clients through multiple integrated businesses, including: Bryn Mawr Trust®, is a division of WSFS Bank focusing attention and resources on financial planning for high-net-worth individuals, families, and institutions. Bryn Mawr Capital Management, LLC, is an SEC-registered investment adviser and a subsidiary of WSFS Financial Corporation with a primary market segment of high net worth individuals and institutions offering fully customized investment, tax and estate planning strategies. The Bryn Mawr Trust Company of Delaware, a subsidiary of WSFS, provides directed trustee services for individuals establishing trusts for personal tax and/or estate planning purposes. Powdermill® Financial Solutions, a subsidiary of WSFS, is a boutique multi-family office for ultra-high net worth families, entrepreneurs and corporate executives. WSFS Institutional Services®, a division of WSFS Bank, offers owner and indenture trustee services for asset-backed securities, indenture trustee for corporate debt issuances, administrative and collateral agent for the leveraged loan market, as well as custody, escrow, verification agent and independent director services. WSFS Wealth® Investments, a division of WSFS Bank, provides advisory, insurance and brokerage products primarily to our retail banking clients. Cash Connect®, a division of WSFS Bank, is a premier provider of ATM vault cash and related services in the United States and operates more than 600 ATMs for WSFS Bank, which has one of the largest ATM networks in the Greater Delaware Valley. WSFS Mortgage®, a division of WSFS Bank, is a leading mortgage lender providing a wide range of mortgage programs in the Delaware Valley and nationally. Arrow Land Transfer is a related title insurance agent serving communities in Delaware, Pennsylvania and New Jersey. NewLane Finance®, a subsidiary of WSFS Bank, is a commercial equipment finance company that utilizes the latest technology to deliver simple, fast and competitive financing solutions. View Source9: WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. Member FDIC | Equal Housing Lender | NMLS #417673 View Source10: WSFS Financial Corporation (WSFS) WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com(opens in a new window). Other subsidiaries or divisions of WSFS Financial Corporation are listed below. The Wealth Management segment of WSFS provides a broad array of planning and advisory services, investment management, trust services, and credit and deposit products to individual, corporate, and institutional clients through multiple integrated businesses, including: Bryn Mawr Trust®, is a division of WSFS Bank focusing attention and resources on financial planning for high-net-worth individuals, families, and institutions. Bryn Mawr Capital Management, LLC, is an SEC-registered investment adviser and a subsidiary of WSFS Financial Corporation with a primary market segment of high net worth individuals and institutions offering fully customized investment, tax and estate planning strategies. The Bryn Mawr Trust Company of Delaware, a subsidiary of WSFS, provides directed trustee services for individuals establishing trusts for personal tax and/or estate planning purposes. Powdermill® Financial Solutions, a subsidiary of WSFS, is a boutique multi-family office for ultra-high net worth families, entrepreneurs and corporate executives. WSFS Institutional Services®, a division of WSFS Bank, offers owner and indenture trustee services for asset-backed securities, indenture trustee for corporate debt issuances, administrative and collateral agent for the leveraged loan market, as well as custody, escrow, verification agent and independent director services. WSFS Wealth® Investments, a division of WSFS Bank, provides advisory, insurance and brokerage products primarily to our retail banking clients. Cash Connect®, a division of WSFS Bank, is a premier provider of ATM vault cash and related services in the United States and operates more than 600 ATMs for WSFS Bank, which has one of the largest ATM networks in the Greater Delaware Valley. WSFS Mortgage®, a division of WSFS Bank, is a leading mortgage lender providing a wide range of mortgage programs in the Delaware Valley and nationally. Arrow Land Transfer is a related title insurance agent serving communities in Delaware, Pennsylvania and New Jersey. NewLane Finance®, a subsidiary of WSFS Bank, is a commercial equipment finance company that utilizes the latest technology to deliver simple, fast and competitive financing solutions. View Source11: WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. Member FDIC | Equal Housing Lender | NMLS #417673 View Source12: WSFS steered through the Great Recession and came out stronger than before.[9] In 2010, WSFS began to expand further into southeastern Pennsylvania with the relocation of its Glen Mills branch. WSFS has since opened additional locations in Edgmont, Kennett Square, Media and West Chester, and expanded further in southeastern Pennsylvania through strategic acquisitions, including Alliance Bank in April 2015, Penn Liberty Bank in November 2015, and Philadelphia-based Beneficial Bank in March 2019. Additionally, the WSFS Bank brand was introduced in New Jersey in August 2019 when former Beneficial Bank branches were rebranded as WSFS Bank. View Source13: In August 2018, WSFS and Beneficial Bancorp, Inc., jointly announced the signing of a definitive agreement whereby WSFS would acquire Beneficial to create the largest and longest-standing locally headquartered community bank in the Greater Delaware Valley.[26] At the time of the announcement, the acquisition was the third-largest bank deal of 2018.[27] WSFS' acquisition of Beneficial was completed in March 2019 growing the bank to 152 locations in the market with $12.2 billion in assets.[28] WSFS rebranded or consolidated all former Beneficial Bank locations to WSFS Bank on August 26, 2019. View Source14: In November 2015, WSFS announced it would acquire Penn Liberty Bank, headquartered in Wayne, Pennsylvania. It received all approvals to complete the acquisition in April 2016. The merger was completed in August 2016. WSFS Bank grew to more 70 offices including 24 locations in southeastern Pennsylvania, significantly strengthening WSFS' market position in that region.[23][24] View Source15: WSFS Financial Corp’s Baa2 Issuer Rating with a Stable Outlook Affirmed by Moody’s, Reflects Strong Capital, Liquidity, Credit, and Diversified Business Model View Source16: In March 2021, WSFS announced the acquisition of Bryn Mawr Bank Corporation for $976.4 million, further expanding the bank's footprint in the Philadelphia suburbs.[29] At the time Bryn Mawr Bank Corp. operated 41 branches under the Bryn Mawr Trust name. WSFS plans to maintain the historic Bryn Mawr Trust office building in on Lancaster Avenue in Bryn Mawr, but anticipates closing as many as 30% of the combined companies' branches.[30] The combined bank will control nearly 7% of bank deposits in the Philadelphia region. View Source17: WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. Member FDIC | Equal Housing Lender | NMLS #417673 View Source18: WSFS Bank 16,423 followers 1d Report this post We're proud to serve as presenting sponsor for Lemonade Day Wilmington, fostering financial literacy and an entrepreneurial spirit in the next generation. This program teaches children goal setting, problem-solving, and financial literacy through hands-on experience running a lemonade stand. 27 Like Comment Share WSFS Bank 16,423 followers 3d Report this post #WSFS was proud to recognize TeenSHARP as the WSFS Bank Community Partner of the Match at the Philadelphia Union! 13 Like Comment Share WSFS Bank 16,423 followers 5d Report this post #WSFS’ Don Lee recently closed $5 million owner-occupied commercial mortgages to refinance an SBA 7(a) loan for an automatic car wash in Bucks County, Pennsylvania. Explore how we can assist your business. https://bit.ly/4bUKv4m 51 2 Comments Like Comment Share WSFS Bank 16,423 followers 5d Report this post #WSFS is pleased to announce the hire of Stacey Ioia, M.S., CAMS, CECI as Senior Vice President, Director of Enterprise Fraud Risk Management. Ioia will be responsible for leading the Enterprise Fraud Risk Management Program, including the direct supervision of Associates who prevent, detect, and mitigate financial criminal activity and potential financial losses. WSFS Announces Stacey Ioia as Senior Vice President, Director of Enterprise Fraud Risk Management investors.wsfsbank.com 57 13 Comments Like Comment Share WSFS Bank 16,423 followers 6d Report this post Fraud is a growing concern for businesses today, with 96% of U.S. companies targeted in the past year. Automation offers a powerful solution to protect your business. Discover how automation can help protect your business from fraud. How Automation Can Help Protect Your Business | WSFS Bank wsfsbank.com 3 Like Comment Share WSFS Bank 16,423 followers 1w Edited Report this post Dana's journey to homeownership wasn't easy, but with WSFS Mortgage by her side, she achieved her dream. WSFS Mortgage’s Melinda Johnson, MBA and Helen Dwyer provided guidance on financial programs. Discover how WSFS Mortgage empowers first-time homebuyers like Dana. First Home: How WSFS Mortgage Helped Achieve the Dream of Homeownership | WSFS Bank wsfsbank.com 15 Like Comment Share WSFS Bank 16,423 followers 1w Report this post The WSFS CARES Foundation is proud to announce $200,000 in grants to support Be Ready Community Development Corp. and TeenSHARP! These grants will fund affordable housing initiatives and college access programs. WSFS CARES Foundation Supports Community Organizations with $200K in Second Quarter Grants | WSFS Bank wsfsbank.com 17 Like Comment Share WSFS Bank 16,423 followers 1w Edited Report this post #WSFS’ Megan Allen recently closed a $300K commercial mortgage for a 5-unit residential apartment building in Beverly, New Jersey. Learn how we can help your business. https://bit.ly/3z8Tn8G 23 2 Comments Like Comment Share WSFS Bank 16,423 followers 1w Report this post Financial security starts with awareness. Learn how your bank communicates. Never click links or share personal information in unverified messages. https://bit.ly/4cxvbeT …see more 10 Like Comment Share WSFS Bank 16,423 followers 1w Report this post #WSFS was proud to recognize Be Ready CDC as the WSFS Bank Community Partner of the Match at the Philadelphia Union! 20 Like Comment Share View Source19: WSFS CARES Foundation Supports Community Organizations with $200K in Second Quarter Grants View Source