WSFS Breaks Ground on New Glen Mills Branch

WILMINGTON, Del., April 23 /PRNewswire-FirstCall/ -- WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, announced today that it has broken ground on an expanded, stand-alone banking office located in Glen Mills, Pennsylvania, expected to open in the Summer of 2010 in the Summit Crossing shopping center.  At that time, the banking office currently in the Genuardi's grocery store in the Glen Eagle shopping center will relocate to this new branch.

Just south of McKenzie's Brew House and the Brandywine Racquet Club with convenient access from both southbound and northbound 202, the new office features elements designed to maximize stellar service with cross-functional personal bankers able to assist all customers.  

"Our commitment to expand our branch network in Delaware County is a testament to our strategy of delivering stellar service to the communities we serve," said Richard M. Wright, Executive Vice President of Retail Banking & Marketing for WSFS Bank.  "We are excited to continue to deepen our relationships with the residents and businesses that live and bank in southeastern Pennsylvania."

The Glen Mills banking office will join several other WSFS banking offices located on the Route 202 corridor as well as the Longwood and Oxford banking offices in adjacent Chester County.  In addition, there are more than 300 WSFS ATMs positioned in and around the region providing convenience and access for WSFS customers.

About WSFS Financial Corporation

WSFS Financial Corporation is a $3.7 billion financial services company. Its primary subsidiary, Wilmington Savings Fund Society, FSB (WSFS Bank), operates 41 banking offices located in Delaware (36), Pennsylvania (4) and Virginia (1). WSFS Bank provides comprehensive financial services including trust and wealth management. Other subsidiaries include WSFS Investment Group, Inc. and Montchanin Capital Management, Inc. Founded in 1832, WSFS is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit the Bank's website at www.wsfsbank.com.

SOURCE WSFS Financial Corporation