WILMINGTON, Del., May 9, 2014 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced that WSFS Executive Vice President and Chief Commercial Banking Officer Rodger Levenson was appointed to Chairman of the Delaware Bankers Association (DBA) during the 119th DBA Annual Meeting and Dinner held on May 8, 2014.
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In May 2013, Mr. Levenson was elected and installed to the position of Chairman-Elect of the DBA. He assumes the one-year Chairman post from David E. Gillan, Chairman of the Board and CEO of County Bank. Mr. Levenson has served on the Board of Directors of the DBA since 2011.
"I look forward to leading the DBA during this next term," said Mr. Levenson. "While the current and evolving regulatory environment presents its challenges, the DBA gives Delaware banks a stronger voice with our elected officials in Dover and Washington D.C. Our collective mission to provide financial services and invest in our communities makes Delaware an even better place to live and work."
Founded in 1895, the Delaware Bankers Association is a not-for-profit private trade association comprised of national and state chartered banks, non-depository trust companies and savings banks that have assets in or are authorized to accept deposits in Delaware. Its mission is to support its member institutions with leadership and information that will provide their employees, their communities and the State with a safe and viable financial services industry.
About WSFS Financial Corporation
WSFS Financial Corporation is a multi-billion dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest, locally-managed bank and trust company headquartered in Delaware with $4.5 billion in assets on its balance sheet and $9.5 billion in fiduciary assets, including approximately $1.1 billion in assets under management. WSFS operates from 52 offices located in Delaware (42), Pennsylvania (8), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking and trust and wealth management. Other subsidiaries or divisions include Christiana Trust, WSFS Investment Group, Inc., Cypress Capital Management, LLC, Cash Connect®, Array Financial and Arrow Land Transfer. Serving the Delaware Valley since 1832, WSFS Bank is the seventh oldest bank in the United States continuously operating under the same name. For more information, please visit wsfsbank.com.
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