Articles from WSFS Financial Corporation

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the appointment of Kathryn Bittner to the position of Senior Vice President, Chief Operating Officer, Commercial Banking, reporting to James (Jim) Wechsler, Executive Vice President and Chief Commercial Banking Officer.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the full year and fourth quarter of 2024.

Small business owners and decision makers are optimistic about the economic outlook for the year ahead, with 60% expecting a slight or significant increase in revenue, according to a new survey conducted by WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS). The survey polled 597 small business decision makers to gauge their feelings on the state of their business and financing needs in the current economy. For purposes of this data, small business owners are identified as those at businesses with annual revenues of up to $5 million and a minimum of two employees.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its fourth quarter and full-year earnings at the end of business Monday, January 27, 2025. Management will conduct a conference call to review this information at 1:00 p.m. Eastern Time (ET) on Tuesday, January 28, 2025.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, is pleased to announce the appointment of Owen Mathews to the position of Senior Vice President, Corporate Development Officer, reporting to Arthur Bacci, Executive Vice President and Chief Operating Officer.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, announced today several promotions within the Commercial Banking and Risk leadership teams, effective January 1, 2025, as the Company prepares for its next phase of growth.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of Bryn Mawr Trust, announced the addition of three highly respected financial professionals to its growing team. Tony Lunger has joined as Senior Vice President and Wealth Director, Mark Gerstenschlager as Senior Vice President and Senior Investment Advisor, and Pamela Opalach as Vice President and Senior Financial Associate.

According to a new survey from Bryn Mawr Trust, a WSFS Company (Nasdaq: WSFS), Americans have little awareness about the importance of digital estate planning, despite placing a high monetary value on their digital assets. The survey found that Americans estimate a value of $191,516 on average for digital assets, however, 76% reported having little or no knowledge of digital estate planning.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, announced that accomplished financial marketing leader Lynn Hobson has joined WSFS as Chief Marketing Officer effective December 2, 2024. WSFS’ former Chief Marketing Officer Justin Dunn has assumed the newly created role of Chief Community Impact Officer. These moves ensure WSFS will continue to maximize its impact in the Greater Philadelphia and Delaware region.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of Bryn Mawr Trust, is consistently adding new talent across several teams as it grows its advisory business and wealth management services.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will participate at Piper Sandler’s East Coast Financial Services Conference.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced that James (Jim) Wechsler has been named Executive Vice President, Chief Commercial Banking Officer, effective January 1, 2025. In his new role, Wechsler will join the Executive Leadership Team, reporting to Art Bacci, Executive Vice President and Chief Operating Officer and oversee Commercial & Industrial Banking, Commercial Real Estate, Treasury Management, Capital Markets and Equipment Finance. Wechsler will assume the role as Steve Clark steps into a new role of Senior Advisor focused on business development, relationship management, and leadership support as part of WSFS’ succession planning.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the third quarter of 2024.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced the launch of its annual Food Drive to combat food insecurity across the Greater Philadelphia and Delaware region. WSFS banking offices in Delaware, New Jersey and Pennsylvania will serve as deposit centers for nonperishable donations from WSFS Associates, Customers and Community members through December 31, 2024.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hire of Andrea Kelly as Senior Vice President, Senior Private Banking Relationship Manager, reporting to Lisa Chorlton, Senior Vice President, Senior Private Banking Relationship Manager Team Leader.

Thirty-eight percent of regional residents are spending more money now compared to last year, while only 28% are saving more, according to a Money Trends survey from WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS).

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the promotion of Terry Kistler to Senior Vice President, Regional Manager of the Southern Delaware region, reporting to Shelly Kavanagh, Senior Vice President and Director of Retail Delivery.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will participate at the 2024 Stephens Bank Forum on September 17-18, 2024, in Little Rock, Arkansas. Rodger Levenson, WSFS’ Chairman, President and Chief Executive Officer, David Burg, Executive Vice President, Chief Financial Officer, and Arthur Bacci, Executive Vice President, Chief Operating Officer will host discussions with investors.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce Randy Royther as Senior Vice President, Director of Interest Rate Hedging, reporting to Neil Orechiwsky, Senior Vice President and Managing Director of Capital Markets.

Kroll Bond Rating Agency (KBRA) has reaffirmed the senior unsecured debt rating of A- for WSFS Financial Corporation (NASDAQWSFS) (“WSFS” or “the Company”). KBRA also reaffirmed WSFS’ subordinated debt rating of BBB+ and a short-term debt rating of K2. WSFS Bank, the Company’s primary subsidiary, received strong credit ratings as well, including A ratings for both senior unsecured debt and deposit, a subordinated debt rating of A-, and the short-term debt and deposit ratings of K1. KBRA’s debt rating report for WSFS can be accessed here.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the expansion of its Capital Markets team with the hires of Michael Burnap and Christian Gil as Senior Vice Presidents, Directors of Trade Finance, reporting to Neil Orechiwsky, Senior Vice President and Managing Director of Capital Markets.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hire of John Heiser as Senior Vice President and Senior Private Banking Relationship Manager, reporting to Cheryl Vaughan, Senior Vice President, Private Banking Relationship Manager Team Lead.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the second quarter of 2024.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hire of Stacey Ioia as Senior Vice President, Director of Enterprise Fraud Risk Management, reporting to Michael Dzielak, Senior Vice President, Director of Financial Crimes.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its second quarter earnings at the end of business Thursday, July 25, 2024. Management will conduct a conference call to review this information at 1:00 p.m. Eastern Time (ET) on Friday, July 26, 2024.

On June 12, 2024, nearly 1,500 WSFS Associates volunteered at more than 130 community organizations across the region as part of WSFS’ second annual We Stand for Service Day.

Moody’s Investors Service has reaffirmed their ratings to WSFS Financial Corporation (NASDAQWSFS) (“WSFS” or “the Company”) with an issuer rating of Baa2 and a Stable Outlook. Long-and short-term deposits of A2/Prime-1, together with a standalone Baseline Credit Assessment of Baa1. Moody’s has also assigned Counterparty Risk Assessment of A3(cr)/Prime-2(cr) and Counterparty Risk Ratings (local and foreign currency) of Baa1/Prime-2. Moody’s debt ratings for WSFS can be accessed here.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, announced today that David Burg will join the Company as Executive Vice President, Chief Financial Officer on August 15, 2024. In this role, Burg will be responsible for leading the Company's financial operations and strategy, including Financial Planning and Analysis, Accounting and Financial Reporting, Treasury, and Investor Relations.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the first quarter of 2024.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hire of Brooke Moyer as Senior Vice President and Director of Loan Syndications, reporting to Jim Gise, Senior Vice President, Middle Market, Syndications and Capital Markets.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), announced it has launched Early Pay, which allows Customers to receive eligible direct deposits from their employers up to two days early. Early Pay is also available for recurring government benefits, such as Social Security payments.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its first quarter earnings at the end of business Thursday, April 25, 2024. Management will conduct a conference call to review this information at 1:00 p.m. Eastern Time (ET) on Friday, April 26, 2024.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce that the following 10 Associates from across the organization have been appointed to Senior Vice President (SVP) positions:

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of Bryn Mawr Trust, is pleased to announce Donald Lyons, CFP®, NSSA® and Angela S. Wagner, J.D., CEPA® as Senior Vice Presidents, Wealth Directors in Berwyn, Pa.

According to a new study from Bryn Mawr Trust, a WSFS Company (Nasdaq: WSFS), 87% of women feel financially well prepared for retirement, due to their growing involvement in financial planning (99% are involved), along with support from financial advisors.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will participate at the 2024 KBW Winter Financial Services Conference on February 15, 2024, in Boca Raton, Florida. Rodger Levenson, WSFS’ Chairman, President and Chief Executive Officer, and Arthur J. Bacci, Executive Vice President, Interim Chief Financial Officer and Chief Wealth Officer will host discussions with investors.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the fourth quarter of 2023.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hire of Nara Lilly as Senior Vice President, Privacy Officer, reporting to Patrick Killeen, Chief Compliance Officer.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its fourth quarter and full-year earnings at the end of business Thursday, January 25, 2024. Management will conduct a conference call to review this information at 1:00 p.m. Eastern Time (ET) on Friday, January 26, 2024.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today celebrated the Grand Opening of its banking office and the accompanying Wiss Fiss Lounge, marking another chapter in the Bank’s commitment to Philadelphia. The new banking office is located at WSFS’ Philadelphia headquarters at 1818 WSFS Bank Place on Market Street.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), announced today that Lisa Brubaker will assume the role of Executive Vice President, Chief Human Resources Officer (CHRO) reporting to Rodger Levenson, Chairman, President and Chief Executive Officer (CEO) of WSFS. In her new role, Brubaker will lead all Human Resources functions, including Talent Acquisition, Total Rewards, Operations, Learning & Development, Associate Engagement, and Diversity, Equity & Inclusion.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of Bryn Mawr Trust, is pleased to announce the hire of Chris Ginder as Senior Vice President, Senior Investment Advisor.

The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided a $10,000 grant to Minds Matter of Philadelphia, Inc. as part of its continuing series of philanthropic activities by WSFS and the Foundation.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will hold meetings at the Mid-Atlantic Bank Summit hosted by D.A. Davidson.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will participate at Piper Sandler’s East Coast Financial Services Conference.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the third quarter of 2023.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its third quarter earnings at the end of business Monday, October 23, 2023. Management will conduct a conference call to review this information at 1:00 p.m. Eastern Time (ET) on Tuesday, October 24, 2023.

WSFS Financial Corporation (NASDAQWSFS) (“WSFS” or “the Company”) today announced its Global Capital Markets team’s expansion into the Collateralized Loan Obligations (CLO) market. To support this expansion, the Company is adding new team members with expertise in CLOs.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of Bryn Mawr Trust, today announced Jamie P. Hopkins has been named Senior Vice President, Director of Private Wealth Management effective October 1, 2023. In his role, Hopkins will lead, enhance and grow Bryn Mawr Trust’s private wealth management business.

The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to four organizations located in Delaware and Pennsylvania as part of its continuing series of philanthropic activities by WSFS and the Foundation. The grants, approved in the third quarter by the WSFS CARES Foundation board, will support the following organizations:

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will participate at the 2023 Stephens Bank Forum on September 20, 2023, in Little Rock, Arkansas. Rodger Levenson, WSFS’ Chairman, President and Chief Executive Officer, and Arthur J. Bacci, Executive Vice President, Chief Wealth Officer and Interim Chief Financial Officer will host discussions with investors.

WSFS Financial Corporation (NASDAQWSFS), today announced Arthur J. Bacci, Executive Vice President and Chief Wealth Officer of WSFS Financial Corporation, will also serve as Interim Chief Financial Officer (CFO) of WSFS. Bacci replaces Dominic C. Canuso, WSFS’ former Chief Financial Officer, whose employment with WSFS will end on August 31, 2023.

Kroll Bond Rating Agency (KBRA) has reaffirmed the senior unsecured debt rating of A- for WSFS Financial Corporation (NASDAQWSFS) (“WSFS” or “the Company”). KBRA also reaffirmed WSFS’ subordinated debt rating of BBB+ and a short-term debt rating of K2. WSFS Bank, the Company’s primary subsidiary, received strong credit ratings as well, including A ratings for both senior unsecured debt and deposit, a subordinated debt rating of A-, and the short-term debt and deposit ratings of K1. KBRA’s debt rating report for WSFS will be on their website when available.

Bryn Mawr Capital Management, a subsidiary of WSFS Financial Corporation (NASDAQWSFS), today announced its expansion into southern Delaware and the establishment of a new presence in Boca Raton, Florida, after closing on an asset purchase agreement with a woman-founded, owned and managed registered investment advisory firm based in Rehoboth Beach, Delaware.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the second quarter of 2023.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its first quarter earnings at the end of business Monday, July 24, 2023. Management will conduct a conference call to review this information at 1:00 p.m. Eastern Time (ET) on Tuesday, July 25, 2023.

The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to two organizations located in Delaware and Pennsylvania as part of its continuing series of philanthropic activities by WSFS and the Foundation. The grants, approved in the second quarter by the WSFS CARES Foundation board, will support the following organizations:

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the first quarter of 2023.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its first quarter earnings at the end of business Monday, April 24, 2023. Management will conduct a conference call to review this information at 1:00 p.m. Eastern Time (ET) on Tuesday, April 25, 2023.

The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to three community organizations located in Delaware and Pennsylvania as part of its continuing series of philanthropic activities by WSFS and the Foundation. The grants, approved in the first quarter by the WSFS CARES Foundation board, will support the following organizations:

Greater Philadelphia and Delaware region residents have mixed feelings about their ability to find, finance and afford a new home in the current economic climate, a new WSFS Mortgage Study found, with more than one-quarter (28%) discouraged from searching altogether, potentially providing more options for the one-third who do plan to look for a home.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will participate at the 2023 KBW Winter Financial Services Conference on February 16, 2023 in Boca Raton, Florida. Rodger Levenson, WSFS’ Chairman, President and Chief Executive Officer, Dominic C. Canuso, Executive Vice President and Chief Financial Officer, and Jennifer W. Davis, Lead Independent Director of WSFS Financial Corporation’s Board, will host discussions with investors.

WSFS Financial Corporation (NASDAQWSFS) (“WSFS”) today announced the final network optimization plan associated with its combination with Bryn Mawr Trust, identifying the final four banking locations to be consolidated later this year.

The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it provided grants and donations totaling more than $2.4 million to community organizations located across Delaware, New Jersey and Pennsylvania in 2022.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the fourth quarter of 2022.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of Bryn Mawr Trust, today announced Andrea Lawrence has been named Senior Vice President, Senior Wealth Advisor in Berwyn, Pa., reporting to James A. Hutchinson, Senior Vice President, Wealth Director. Lawrence will provide comprehensive wealth advisory services to Clients and work collaboratively with all divisions of the Bank to achieve Clients’ goals and objectives.

WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its fourth quarter and full-year earnings at the end of business Thursday, January 26, 2023. Management will conduct a conference call to review this information at 1:00 p.m. Eastern Time (ET) on Friday, January 27, 2023.

WSFS Financial Corporation (NASDAQWSFS) (“WSFS”) has completed the merger and brand conversion of Cypress Capital Management and West Capital Management and has renamed the combined entity Bryn Mawr Capital Management, LLC, effective January 1, 2023. Bryn Mawr Capital Management is registered as an investment advisor with the U.S. Securities and Exchange Commission and is a wholly owned subsidiary of WSFS.