WSFS Bank

The bank's first day of business was February 18, 1832, in a rented room "one door below" Town Hall on Market Street.

[citation needed] WSFS' growth continued in the 1950s and 60s, and was the first bank in the United States to issue debit cards in the late 1960s.

Nearly all of the lower Delaware branches were sold to Wilmington Trust, and lending practices and credit quality were administered more closely.

The first new branch in Sussex County since the closings opened in Rehoboth Beach in July 2003 and moved to its current location in June 2004.

New branch locations have since opened in Camden, Canterbury, Harrington, Lewes, Long Neck, Milford, Millsboro, Ocean View, Seaford, Selbyville, Smyrna, West Dover and Wyoming.

Continued growth came with the opening of a new regional headquarters and branch at the corners of Kirkwood Highway and Route 7 in Delaware in 2012.

[13] The awards recognize companies that embrace Associate engagement and make it a fundamental foundation of their business.

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.

[15] WSFS offers traditional retail banking services such as checking and savings accounts, certificates of deposit, consumer mortgages, lines of credit, and home equity loans.

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.

[20] Powdermill Financial Solutions is for ultra-high net worth families, entrepreneurs and corporate executives.

Arrow Land Transfer is a related title insurance agent serving communities in Delaware, Pennsylvania and New Jersey.

WSFS began a series of acquisitions in 2004 when it acquired Cypress Capital Management, a registered investment advisor with a primary market segment of high net worth individuals offering a balanced investment style focused on current income and preservation of capital.

[22] WSFS announced in April 2015 that it would acquire Alliance Bank, headquartered in Broomall, Pennsylvania and was granted approval by the OCC in September 2015.

The merger was completed in October 2015, giving WSFS 17 locations in southeastern Pennsylvania, including 11 in Delaware County.

[25] Powdermill is a multi-family office located in Wilmington, Delaware and serves an affluent clientele in the local community and throughout the United States.

[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.

WSFS Bank Center at 500 Delaware Avenue, Wilmington, DE