Paul Newlan

WSFS CARES Foundation Provides Fourth Quarter Grants to Community Organizations in Delaware and New Jersey

Retrieved on: 
Monday, December 12, 2022
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WILMINGTON, Del., Dec. 12, 2022 (GLOBE NEWSWIRE) -- The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to two community organizations located in Delaware and New Jersey as part of its continuing series of philanthropic activities by WSFS and the Foundation.

Key Points: 
  • WILMINGTON, Del., Dec. 12, 2022 (GLOBE NEWSWIRE) -- The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to two community organizations located in Delaware and New Jersey as part of its continuing series of philanthropic activities by WSFS and the Foundation.
  • The grants, approved in the fourth quarter by the WSFS CARES Foundation board, will support the following organizations:
    The Food Bank of Delaware distributes millions of pounds of food each year to the community through on-site food pantries, mobile food pantries and a network of hunger-relief partners throughout the state.
  • The Virtua Health Foundation, based in Marlton, N.J., partners through philanthropy with patients and families, colleagues, community organizations, corporations, and leaders in the community to make a real difference.
  • Ward, Executive Vice President, Pennsylvania Market President at WSFS Bank and Chairman of the WSFS CARES Foundation.

WSFS Bank Ranked #1 Among SBA Lenders in Greater Philadelphia and Delaware Based on the Amount of Local SBA 7(a) Loans

Retrieved on: 
Thursday, December 8, 2022
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WILMINGTON, Del., Dec. 08, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce it has been ranked first among U.S. Small Business Administration (SBA) lenders in the Greater Philadelphia and Delaware region based on the amount of local SBA 7(a) loans.

Key Points: 
  • WILMINGTON, Del., Dec. 08, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce it has been ranked first among U.S. Small Business Administration (SBA) lenders in the Greater Philadelphia and Delaware region based on the amount of local SBA 7(a) loans.
  • SBA 7(a) loans provide small businesses with flexible borrowing options, with loans up to $5 million and repayment terms of 10-25 years at modest rates.
  • Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company 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.

Small Businesses Feeling the Impacts of the Economy and Inflation, But Are Still Optimistic About Future Revenue, New WSFS Bank Study Finds

Retrieved on: 
Thursday, November 17, 2022
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WILMINGTON, Del., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Mid-Atlantic small businesses are optimistic in their ability to keep revenues at their current pace or even increase them in the next year despite economic woes and strains on their costs, a new WSFS Bank Small Business Trends study found.

Key Points: 
  • The study, which surveyed 500 Mid-Atlantic small businesses, measured owner/operators outlook on the economy, the impact of inflation and other stressors on their businesses, and their banking relationships and lending needs.
  • Overall, 83% of small business owners and leaders believe revenue will improve or stay the same within the next 12 months.
  • These findings underscore the importance of supporting small businesses in our communities not only this holiday season, but throughout the year.
  • Small businesses are the lifeblood to the U.S. economy and support our communities through job creation, innovation, essential services and more.

WSFS Names Steven J. Cunningham, Senior Vice President, Director of SBA Sales

Retrieved on: 
Tuesday, November 15, 2022
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WILMINGTON, Del., Nov. 15, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce that Steven J. Cunningham has been named Senior Vice President, Director of Small Business Administration (SBA) Sales, reporting to Candice Caruso, Senior Vice President, Chief Retail Lending Officer.

Key Points: 
  • WILMINGTON, Del., Nov. 15, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce that Steven J. Cunningham has been named Senior Vice President, Director of Small Business Administration (SBA) Sales, reporting to Candice Caruso, Senior Vice President, Chief Retail Lending Officer.
  • Steven is a skilled SBA commercial manager and lender with an extensive background and breadth of knowledge of SBA programs, business banking, commercial real estate, and more, said Caruso.
  • His experience developing and implementing competitive sales programs, partnerships and services across banking functions will be a great asset to WSFS as we continue to grow our SBA and franchise services.
  • Most recently, Cunningham served as Senior Vice President, Director of SBA and Government Lending at Primis Bank, where he managed the SBA department, including SBA production, operations, documentation, closing, and construction units.

WSFS Financial Corporation to Participate in Piper Sandler’s East Coast Financial Services Conference and D.A. Davidson’s Mid-Atlantic Bank Summit

Retrieved on: 
Wednesday, November 2, 2022
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WILMINGTON, Del., Nov. 02, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will hold meetings with analysts and investors during Piper Sandlers East Coast Financial Services Conference and at the Mid-Atlantic Bank Summit hosted by D.A.

Key Points: 
  • WILMINGTON, Del., Nov. 02, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will hold meetings with analysts and investors during Piper Sandlers East Coast Financial Services Conference and at the Mid-Atlantic Bank Summit hosted by D.A.
  • Participation at Piper Sandlers conference will be on November 9, 2022, in Palm Beach, Florida and at D.A.
  • WSFS Financial Corporation is a multi-billion-dollar financial services company.
  • Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in Delaware and the Greater Philadelphia region.

WSFS Names Michael A.H. Griffe, CPA, Senior Vice President, Controller

Retrieved on: 
Tuesday, November 1, 2022
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WILMINGTON, Del., Nov. 01, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce that Michael A.H. Griffe, CPA, has been named Senior Vice President, Controller, reporting to Charles K. Mosher, Senior Vice President, Chief Accounting Officer.

Key Points: 
  • WILMINGTON, Del., Nov. 01, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce that Michael A.H. Griffe, CPA, has been named Senior Vice President, Controller, reporting to Charles K. Mosher, Senior Vice President, Chief Accounting Officer.
  • His leadership, experience and technical accounting acumen are great assets to WSFS and we look forward to his continued contributions to our Company.
  • Most recently, Griffe served as Vice President, Director of Financial Projects at WSFS and prior to that was Vice President, Manager of Technical Accounting.
  • Before joining WSFS, Griffe worked at Santander Bank N.A., PricewaterhouseCoopers LLP, and Ally Bank.

WSFS Bank Teams Up With Sharing Excess and Sunday Breakfast Mission to Fight Food Insecurity Across the Region

Retrieved on: 
Monday, October 17, 2022
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WILMINGTON, Del., Oct. 17, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced the launch of its annual Fall Food Drive to combat food insecurity across the Greater Philadelphia and Delaware region.

Key Points: 
  • WILMINGTON, Del., Oct. 17, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced the launch of its annual Fall Food Drive to combat food insecurity across the Greater Philadelphia and Delaware region.
  • WSFS banking office locations in Delaware, New Jersey and Pennsylvania will serve as food deposit centers for WSFS Associates, Customers and members of the community to donate nonperishable food items through December 31.
  • Customers and area residents are encouraged to take their nonperishable food donations to WSFS banking offices now through December 31, 2022.
  • Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company headquartered in Delaware and the Greater Philadelphia region.

Photo Release -- WSFS Bank Names Shari Kruzinski Executive Vice President, Chief Consumer Banking Officer

Retrieved on: 
Friday, October 14, 2022
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WILMINGTON, Del., Oct. 14, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced that Shari Kruzinski has been named Executive Vice President, Chief Consumer Banking Officer, reporting to Rodger Levenson, WSFS Chairman, President, and CEO.

Key Points: 
  • WILMINGTON, Del., Oct. 14, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced that Shari Kruzinski has been named Executive Vice President, Chief Consumer Banking Officer, reporting to Rodger Levenson, WSFS Chairman, President, and CEO.
  • In her new role, she will oversee all aspects of the Consumer Banking division including Retail Delivery, Strategy, Consumer and Small Business banking and the Mortgage division.
  • Most recently, Kruzinski was the Chief Customer Officer, leading the Banks Customer division including Customer Experience and enterprise-wide Customer initiatives.
  • Kruzinski has been instrumental in developing and executing key consumer banking initiatives during her career and has played an integral role in leading WSFS recent acquisitions.

The Effects of Inflation, Rising Costs and Increasing Interest Rates Driving Regional Consumers to Re-Think Their Future Finances, WSFS Bank’s Annual Money Trends Study Finds

Retrieved on: 
Thursday, October 13, 2022
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The study, which surveyed 1,500 Greater Philadelphia and Delaware region consumers and 1,500 consumers nationally, measured current spending and saving trends and economic sentiment among adults ages 18-55.

Key Points: 
  • The study, which surveyed 1,500 Greater Philadelphia and Delaware region consumers and 1,500 consumers nationally, measured current spending and saving trends and economic sentiment among adults ages 18-55.
  • Saving more now to better position their future finances is a smart move.
  • Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered 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.

WSFS Financial Corporation Announces Third Quarter 2022 Earnings Release Date and Conference Call

Retrieved on: 
Tuesday, October 11, 2022
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WILMINGTON, Del., Oct. 11, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its third quarter earnings at the end of business October 24, 2022.

Key Points: 
  • WILMINGTON, Del., Oct. 11, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its third quarter earnings at the end of business October 24, 2022.
  • Management will conduct a conference call to review this information at 1:00 p.m. Eastern Time (ET) on October 25, 2022.
  • WSFS Financial Corporation is a multi-billion-dollar financial services company.
  • As of June 30, 2022, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $60.3 billion in assets under management and administration.