WSFS Financial Corp is a Wilmington, Delaware financial holding company that offers a wide range of financial products and services through its operating subsidiary, the WSFS Bank. The history of the company goes back to the founding of the bank in 1832. The bank is considered as the 7th oldest bank that continuously operates under the same brand brand name since its founding.
Based on total deposits, the bank is considered as one of the largest financial institutions in the state of Delaware. The operations of the company cover three counties in the state and as well as certain areas in northern Virginia and southeastern Pennsylvania. Despite the stiff competition in the market, the business remains competitive in its operations. It attracts new depositors and retain new account through the efforts put in by their associates, who are not only known for their financial knowledge, but also for operating with their customers’ best interest at heart.
There are about 63 banking offices that WSFS Financial Corporation operates. These units offer retail and commercial banking products and services. They offer checking and savings accounts, certificates of deposits and a wide range of lines of credit. Their pooled deposits together with their short term borrowings from the Federal Home Loan Banks continue to fuel their financing operations. They provide a strong focus on small and medium-sized and strongly believes on the difference these ventures can give to the communities they thrive in.
Other than organic growth, WSFS Financial Corporation has found growth in strategically acquiring competing brand names. Last October 2015, the company has completed its acquisition of Alliance Bank, which gave the company 17 other banking branches. WSFS Financial Corporation operates as a publicly traded company on the NASDAQ Stock Exchange. Common shares of the business are marketed using the ticker symbol WSFS.
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