WILMINGTON, Del., May 31, 2017 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (NASDAQ:WSFS), the parent company
of WSFS Bank, today announced that Scott D. Swingle, Vice President, Business Banking, was named the Small Business Financial
Champion of the Year at the Delaware Small Business Administration (SBA) Awards. The event was held on May 3 at the Small Business
Development Center (SBDC) in Wilmington. The SBA, alongside several partners, celebrated outstanding small business owners,
resource partners and small business lenders. Mr. Swingle was nominated by the SBDC for his commitment to the Sussex County small
business community.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/88613d05-b9d7-4ca2-b256-f71cefe973fc
“I’ve been fortunate to have worked in a field that I enjoy, for a company that cares so deeply about the
community and lives that mission every day,” Mr. Swingle said. “I’m honored that the SBA feels that I’ve made a meaningful
contribution to the communities we all serve.”
In addition to Mr. Swingle’s achievement, WSFS Bank was recognized as a top Third Party Lender for providing
long-term, fixed-rate financing to approved small businesses in Delaware.
“The 504 Loan Program has been a powerful economic development tool that WSFS is proud to participate in,” said
Morgan E. Johns, Director of Small Business Operations. “The program has been beneficial for small businesses, communities and
participating lenders. It is truly a win, win, win.”
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 and the Delaware Valley. As of March 31, 2017, WSFS
Financial Corporation had $6.85 billion in assets on its balance sheet and $17.57 billion in assets under management and
administration. WSFS operates from 77 offices located in Delaware (46), Pennsylvania (29), Virginia (1) and Nevada (1) and provides
comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management.
Other subsidiaries or divisions include Christiana Trust, WSFS Wealth Investments, Cypress Capital Management, LLC, West Capital
Management, Powdermill Financial Solutions, Cash Connect®, WSFS Mortgage and Arrow Land Transfer. Serving the 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 wsfsbank.com.
Contact: Cortney Klein (302) 571-5253 cklein@wsfsbank.com
