ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Fighting Food Insecurity Together: WSFS Bank, Sharing Excess and Sunday Breakfast Mission Team Up for Annual Food Drive

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced the launch of its annual Food Drive to combat food insecurity across the Greater Philadelphia and Delaware region. WSFS banking offices in Delaware, New Jersey and Pennsylvania will serve as deposit centers for nonperishable donations from WSFS Associates, Customers and Community members through December 31, 2024.

WSFS officially kicked off the Food Drive at WSFS Bank Center in Wilmington, Del., with the Sunday Breakfast Mission, and at WSFS Bank Place in Philadelphia with Sharing Excess, encouraging Associates to bring nonperishable donations to help jumpstart the Food Drive. Grocery bags will also be distributed in a variety of Delaware publications this Fall for consumers to fill with donations to drop at their nearest WSFS banking office.

According to Feeding America’s Map the Meal Gap 2024 report, 13.5% or more than 44 million individuals lived in a food-insecure household in 2022, a sharp increase from 10.4% in 2021. The report also found that nearly 50% of people facing hunger are unlikely to qualify for the Supplemental Nutrition Assistance Program (SNAP), the United States’ largest food assistance program.

“Many households are struggling to put food on the table due to the surging cost of living and essentials,” said Vernita L. Dorsey, Senior Vice President, Director of Community Strategy at WSFS Bank. “We hope to make a difference by partnering with Sharing Excess and the Sunday Breakfast Mission. Every donation, no matter how small, can make a big difference. We ask those who have the means to donate nonperishable items at our banking offices to support these vital needs.”

“We are excited to once again partner with WSFS for their annual holiday Food Drive,” said Evan Ehlers, Founder and CEO of Sharing Excess. “The holiday season is a time for community, and WSFS Customers have a unique opportunity to make a direct impact in the fight against food insecurity by donating at their local banking office. We deeply value WSFS’ ongoing dedication to supporting their communities and creating meaningful, lasting change through their partnership with Sharing Excess.”

“For the 22nd year, WSFS Bank and Sunday Breakfast Mission are partnering on our Food Drive that has collected food for over 1.3M meals for families in need over the years,” said Rev. Tom Laymon, Senior Pastor/CEO/President at Sunday Breakfast Mission. “But right now, Sunday Breakfast Mission is seeing more people than ever coming to them for help. We need the food donations to flood in so that hungry families can have a great Thanksgiving season. We are so grateful to WSFS Bank sponsoring once again.”

In addition to the annual Food Drive, WSFS will sponsor Preston & Steve’s Camp Out for Hunger for the seventh consecutive year to support Philabundance in their mission to drive hunger from our Communities. Camp Out for Hunger will take place from December 2-6 at Xfinity Live! in Philadelphia.

In 2023, WSFS donated more than 82,000 pounds of food through its annual Food Drive and Camp Out for Hunger. Customers and area residents are encouraged to take their nonperishable food donations to WSFS banking offices now through December 31, 2024. To find the nearest WSFS Bank location, please visit www.wsfsbank.com.

About WSFS Financial Corporation

WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of June 30, 2024, WSFS Financial Corporation had $20.7 billion in assets on its balance sheet and $84.9 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (39), New Jersey (14), Florida (2), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.