WSFS Announces Remaining Branch Network Decisions Resulting from its Combination with Bryn Mawr TrustFebruary 13, 2023 at 10:31 AM EST
WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS”) today announced the final network optimization plan associated with its combination with Bryn Mawr Trust, identifying the final four banking locations to be consolidated later this year. “This completes our process to thoughtfully integrate and optimize our branch network, providing comprehensive coverage to serve our Customers and grow our franchise through 88 banking office locations and more than 650 WSFS-branded ATMs across the region,” said Shari Kruzinski, Executive Vice President and Chief Consumer Banking Officer, WSFS Bank. As part of the combination WSFS committed to closing 40 banking office locations, 34 of which were consolidated at bank systems conversion in March 2022, followed by two closures in August 2022. Based on additional reviews of transaction activity and the Bank’s broader Retail network, the following final four locations will officially close at 3:00 p.m. on May 24, 2023.
The completion of the Bryn Mawr Trust integration continues WSFS’ positive momentum and capitalizes on traction gained in the Greater Philadelphia and Delaware region over the past three years as it executes on opportunities for long-term growth. All WSFS Associates currently at these four locations will be assigned to nearby banking offices.
About WSFS Financial Corporation
View source version on businesswire.com: https://www.businesswire.com/news/home/20230213005380/en/ Contacts
Investor Relations: Dominic C. Canuso
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