UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
April 5, 2005
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Date of Report
(Date of earliest event reported)
WSFS Financial Corporation
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(Exact name of Registrant as specified in its Charter)
Delaware 0-16668 22-2866913
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(State or other jurisdiction (SEC Commission (IRS Employer
of incorporation) File No.) Identification
Number)
838 Market Street, Wilmington, Delaware 19899
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (302)792-6000
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Not Applicable
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(Former name or former address, if changed since last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act
WSFS FINANCIAL CORPORATION
INFORMATION TO BE INCLUDED IN REPORT
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Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant
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On April 5, 2005, the Registrant completed an issuance of $65 million
aggregate principal amount of Pooled Floating Rate Capital Securities. These
securities have a 30-year maturity and are redeemable by the Registrant after
five years. The securities pay a floating interest rate based on three-month
LIBOR plus 177 basis points and reprice quarterly.
A copy of the press release is furnished with this Form 8-K as an
exhibit. These securities are not registered under the Securities Act of 1933
and may not be offered or sold in the United States absent registration or an
applicable exemption from registration.
Item 9.01 Financial Statements, Pro Forma Financial
Information and Exhibits
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(c) Exhibits:
99 Press Release dated April 6, 2005
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf by the
undersigned, hereunto duly authorized.
WSFS FINANCIAL CORPORATION
Date: April 7, 2005 By: /s/Robert F. Mack
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Robert F. Mack
Senior Vice President and Controller