WILMINGTON, Del., July 14, 2011 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced the opening of a new banking office located at 100 East State Street, Media, PA 19063. The new Media branch, WSFS Bank's sixth Pennsylvania location, is a full-service banking office with a walk-up ATM and night depository.
"Media is an ideal community for WSFS Bank to expand its services in southeastern Pennsylvania," said Rick Wright, Executive Vice President of Retail Banking & Marketing for WSFS Bank. "We are happy to provide our Customers a prime location on East State Street and fulfill our promise of exceeding all service expectations for personal and business banking in Delaware County."
Located next to the historic Media Theatre in downtown Media, the new WSFS banking office is situated for Customers to easily take advantage of their services during work and leisure hours. The branch is also convenient to street parking as well as municipal lots on both State and Monroe Streets. This "boutique" style bank branch features personal bankers able to assist Customers with any transaction.
Leading the new Media branch is seasoned professional, Janet Howarth. With over 30 years of retail banking experience, Ms. Howarth will serve as Branch Manager and help continue to further WSFS' mission in Delaware County as a service-oriented, locally-managed, community bank. Ms. Howarth attended Widener University, is a member of the Delaware County Chamber of Commerce, the Brandywine Edition Networking Group and Media Rotary.
"The new WSFS Bank branch in Media will be a valued asset to residents and visitors of Delaware County," said Donald W. Delson, co-publisher of the Swarthmorean and member of the WSFS Board of Directors. "Personally, I am very excited to have a bank with a track record of world-class service in my hometown and to be able to share in the WSFS experience with my neighbors."
The WSFS Media banking office is open Monday through Thursday 9 a.m. to 5 p.m. and Friday 9 a.m. to 6 p.m.
WSFS currently has five additional branches in Pennsylvania including West Chester, Glen Mills, Longwood, Oxford and Edgmont. Of the nearly 400 WSFS ATMs, more than 30 are located in Pennsylvania providing convenience and access for WSFS Customers.
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 47 offices located in Delaware (38), Pennsylvania (7), 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.
Forward Looking Statements
Statements contained in this news release which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, which are based on various assumptions (some of which may be beyond the Company's control) are subject to risks and uncertainties and other factors which could cause actual results to differ materially from those currently anticipated. Such risks and uncertainties include, but are not limited to, those related to the economic environment, particularly in the market areas in which the Company operates; the volatility of the financial and securities markets, including changes with respect to the market value of its financial assets; changes in government regulation affecting financial institutions and potential expenses associated therewith; changes resulting from the Company's participation in the CPP including additional conditions that may be imposed in the future on participating companies; and the costs associated with resolving any problem loans; and other risks and uncertainties, discussed in documents filed by WSFS Financial Corporation with the Securities and Exchange Commission from time to time. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.