Photo Release -- WSFS Awarded 2011 Goodwill Business Partner of the Year

Growing and Investing in Our Communities


WILMINGTON, Del., May 18, 2011 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced that it received the 2011 Business Partner of the Year Award from Goodwill of Delaware and Delaware County, Inc. during its annual luncheon held on Friday, May 6, 2011.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9715

This honor is bestowed annually to a company that not only contracts Goodwill Services, but has also shown commitment and support to Goodwill's mission to improve the quality of life for people with barriers to self-sufficiency through the "Power of Work."

WSFS has been an ongoing supporter of Goodwill for many years, both through time and talent. In addition, Team WSFS, the volunteer arm of WSFS Bank, has over 200 Associates giving more than 2,500 hours a year supporting over 65 community organizations, including organizations like Goodwill.

"As Delaware's oldest bank, we are proud to support Delaware's oldest non-profit organization providing vocational services," said Mark A. Turner, President and Chief Executive Officer of WSFS Bank. "Our common thread of strengthening communities makes for a wonderful and fulfilling partnership."

About WSFS Financial Corporation

WSFS Financial Corporation is a multi-billion dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally-managed bank and trust company headquartered in Delaware with $4.0 billion in assets on its balance sheet and $7.7 billion in trust assets under management and administration. WSFS has 44 offices located in Delaware (37), Pennsylvania (5), 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 and Cash Connect.  Serving the Delaware Valley since 1832, WSFS is the seventh oldest bank in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com.



            
2011 Goodwill Business Partner of the Year Award

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