Wilmington, Delaware

WSFS Bank Receives OCC Approval to Merge with BMTC

Retrieved on: 
Monday, July 26, 2021

WILMINGTON, Del., July 26, 2021 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, announced it received approval from the Office of the Comptroller of the Currency (OCC) to merge with Bryn Mawr Bank Corporation (NASDAQ: BMTC).

Key Points: 
  • WILMINGTON, Del., July 26, 2021 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, announced it received approval from the Office of the Comptroller of the Currency (OCC) to merge with Bryn Mawr Bank Corporation (NASDAQ: BMTC).
  • We are pleased to receive this timely approval of our merger application from the OCC, said Rodger Levenson, WSFS Chairman, President and CEO.
  • Its primary subsidiary, WSFS Bank, is the oldest and largest locally managed bank and trust company headquartered in Delaware and the Greater Philadelphia region.
  • 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.

Incyte to Report Second Quarter Financial Results

Retrieved on: 
Thursday, July 15, 2021

The replay dial-in number for the U.S. is 877-660-6853 and the dial-in number for international caller is 201-612-7415.

Key Points: 
  • The replay dial-in number for the U.S. is 877-660-6853 and the dial-in number for international caller is 201-612-7415.
  • The live webcast with slides can be accessed at Investor.Incyte.com and will be available for replay for 90 days.
  • Incyte is a Wilmington, Delaware-based, global biopharmaceutical company focused on finding solutions for serious unmet medical needs through the discovery, development and commercialization of proprietary therapeutics.
  • For additional information on Incyte, please visit Incyte.com and follow @Incyte .

WSFS Receives the Delaware Small Business Chamber President’s Award for Business Excellence

Retrieved on: 
Tuesday, July 13, 2021

WILMINGTON, Del., July 13, 2021 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), was named the recipient of the Delaware Small Business Chamber Presidents Award for Business Excellence.

Key Points: 
  • WILMINGTON, Del., July 13, 2021 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), was named the recipient of the Delaware Small Business Chamber Presidents Award for Business Excellence.
  • The annual award is given to a company that has brought positive recognition to the Delaware small business community.
  • WSFS is humbled to receive this recognition from the Delaware Small Business Chamber, said Shari Kruzinski, Executive Vice President and Director of Retail Delivery at WSFS.
  • We are proud to have WSFS Bank join the list of companies that have brought a positive impact to the Delaware small business community, said Bob Older, President & Founder of the Delaware Small Business Chamber.

UniFirst Celebrates 20th Annual Founder's Day

Retrieved on: 
Monday, July 12, 2021

WILMINGTON, Mass., July 12, 2021 /PRNewswire/ -- UniFirst Corporation (NYSE:UNF), a North American leader in the supply and servicing of uniforms, workwear, and facility service products for businesses, recently held their 20th annual Founder's Day companywide, an annual event that celebrates the life, memory, and business values of company founder Aldo Croatti.

Key Points: 
  • WILMINGTON, Mass., July 12, 2021 /PRNewswire/ -- UniFirst Corporation (NYSE:UNF), a North American leader in the supply and servicing of uniforms, workwear, and facility service products for businesses, recently held their 20th annual Founder's Day companywide, an annual event that celebrates the life, memory, and business values of company founder Aldo Croatti.
  • Founder's Day has been a yearly UniFirst event following the passing of Mr. Croatti in 2001, typically held with in-person celebrations at UniFirst locations from coast to coast.
  • Employees from the company's hundreds of locations, including UniFirst headquarters in Wilmington, MA, enjoyed a day full of food and activities before participating in a virtual celebration later in the day.
  • During this year's Founder's Day, each UniFirst location named its Employee of the Year (EOY)the person who best exemplifies the company's aforementioned Core Values.

WSFS Financial Corporation Announces Second Quarter 2021 Earnings Release Date and Conference Call

Retrieved on: 
Thursday, July 8, 2021

WILMINGTON, Del., July 08, 2021 (GLOBE NEWSWIRE) -- 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 22, 2021.

Key Points: 
  • WILMINGTON, Del., July 08, 2021 (GLOBE NEWSWIRE) -- 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 22, 2021.
  • Management will conduct a conference call to review this information at 1:00 p.m. Eastern Daylight Time (EDT) on Friday, July 23, 2021.
  • WSFS Financial Corporation is a multi-billion-dollar financial services company.
  • As of March31, 2021, WSFS Financial Corporation had $14.7 billion in assets on its balance sheet and $24.7 billion in assets under management and administration.

Venezuelan-American Jonathan Uzcategui Announces Run for Wilmington City Council

Retrieved on: 
Tuesday, July 6, 2021

WILMINGTON, N.C., July 6, 2021 /PRNewswire-PRWeb/ -- Jonathan Uzcategui, an American citizen born and raised in Venezuela who is passionate about preserving our freedoms and liberty, this week announced his run for Wilmington City Council.

Key Points: 
  • WILMINGTON, N.C., July 6, 2021 /PRNewswire-PRWeb/ -- Jonathan Uzcategui, an American citizen born and raised in Venezuela who is passionate about preserving our freedoms and liberty, this week announced his run for Wilmington City Council.
  • "I am running for council because I believe it's critically important to stand up to the same radical ideologies that I saw destroy Venezuela while growing up," said Jonathan.
  • "I will not be a bystander and watch as the country and city I love are destroyed by socialist and communist ideologies."
  • "My name is Jonathan Uzcategui, and I am running for city council in Wilmington, North Carolina."

United Way of Delaware Honors Dupont with Diamond Anniversary Award

Retrieved on: 
Thursday, June 17, 2021

WILMINGTON, Del., June 17, 2021 /PRNewswire-PRWeb/ -- As part of celebrating its 75th anniversary this year, United Way of Delaware (UWDE) recently named DuPont and its employees as recipients of the "Diamond Anniversary Award," recognizing the company's enduring partnership with UWDE since 1946.

Key Points: 
  • WILMINGTON, Del., June 17, 2021 /PRNewswire-PRWeb/ -- As part of celebrating its 75th anniversary this year, United Way of Delaware (UWDE) recently named DuPont and its employees as recipients of the "Diamond Anniversary Award," recognizing the company's enduring partnership with UWDE since 1946.
  • In all that time, no corporation has been more supportive of United Way of Delaware for longer, or more generously, than DuPont.
  • "For 75 years, the enduring partnership between DuPont and the United Way of Delaware has helped to revitalize our communities and give life-changing opportunities to help our neighbors thrive.
  • Taylor said the "Diamond Anniversary Award" is the only corporate award UWDE is presenting in its 75th anniversary year.

WSFS Announces Execution of $100 Million Senior Debt Call

Retrieved on: 
Tuesday, June 15, 2021

WILMINGTON, Del., June 15, 2021 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (NASDAQ: WSFS), the parent company of WSFS Bank, today announced that it has called $100million of senior debt with a coupon rate of 4.50% fixed-to-floating rate senior notes due 2026.

Key Points: 
  • WILMINGTON, Del., June 15, 2021 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (NASDAQ: WSFS), the parent company of WSFS Bank, today announced that it has called $100million of senior debt with a coupon rate of 4.50% fixed-to-floating rate senior notes due 2026.
  • We are pleased to announce the execution of our planned payoff of senior debt, said Dominic C. Canuso, WSFS Executive Vice President and Chief Financial Officer.
  • This transaction positively impacts both our income statement and balance sheet by lowering debt levels and interest expense.
  • As part of the transaction, WSFS expects to incur additional interest expense of $1.1 million in Q2 2021, to recognize the remaining unamortized debt issuance costs associated with the 2016 senior notes.

UniFirst Corporation Plans to Announce Third Quarter Results on June 30, 2021

Retrieved on: 
Monday, June 14, 2021

WILMINGTON, Mass., June 14, 2021 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2021 third quarter results on June 30, 2021 before the market opens.

Key Points: 
  • WILMINGTON, Mass., June 14, 2021 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2021 third quarter results on June 30, 2021 before the market opens.
  • The Company will also hold a conference call at 9:00 a.m. Eastern Time on June 30, 2021 to discuss its quarterly financial results, business highlights and outlook.
  • Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE: UNF ) is a North American leader in the supply and servicing of uniform and workwear programs, as well as the delivery of facility service programs.
  • Together with its subsidiaries, the company also provides first aid and safety products, and manages specialized garment programs for the cleanroom and nuclear industries.

Wilmington Trust Hires Bobby Weil for Growing U.S. Loan Agency Business

Retrieved on: 
Monday, June 14, 2021

WILMINGTON, Del., June 14, 2021 /PRNewswire/ -- Wilmington Trust, a leader in corporate and institutional trust services, today announced Bobby Weil will join the firm as Vice President and Manager of U.S. Loan Agency Middle Administration.

Key Points: 
  • WILMINGTON, Del., June 14, 2021 /PRNewswire/ -- Wilmington Trust, a leader in corporate and institutional trust services, today announced Bobby Weil will join the firm as Vice President and Manager of U.S. Loan Agency Middle Administration.
  • Wilmington Trust is a leading provider of services to the loan market, including independent loan agency services, for some of the largest and most complex restructurings in the U.S. and Europe.
  • To learn more about Wilmington Trust's loan agency capabilities, visit the firm's Loan Agency Services webpage.
  • (WTNA), Wilmington Trust Investment Advisors, Inc. (WTIA), Wilmington Funds Management Corporation (WFMC), and Wilmington Trust Investment Management, LLC (WTIM).