updated 11/3/2010 10:16:29 AM ET 2010-11-03T14:16:29

WILMINGTON, Del., Nov. 3, 2010 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced the hire of J. Phillip Hough Jr. and Carol A. Bruno. Mr. Hough will serve as Commercial Real Estate Relationship Manager, while Ms. Bruno has joined the bank as a Commercial Real Estate Portfolio Manager.

Photos accompanying this release are available at http://www.globenewswire.com/newsroom/prs/?pkgid=8263 , http://www.globenewswire.com/newsroom/prs/?pkgid=8264

Mr. Hough joins WSFS with 20 years of commercial lending experience. Prior to joining the WSFS team, he worked as Vice President and Commercial and Industrial/Real Estate Lender with Wilmington Trust Company and Assistant Vice President and Commercial and Industrial Lender with Beneficial National Bank. He holds a Bachelor of Arts from the University of Delaware and was immediate past President of the Board of the Delaware Community Development Corporation. Mr. Hough is a resident of Bear, Delaware.

Ms. Bruno has over 20 years of experience working in various functions of Commercial Real Estate. Prior to joining WSFS, she worked for Wells Fargo Bank/Wachovia Bank as Vice President and Relationship Manager of Commercial Real Estate Lending for the Homebuilder Special Situations Group. She holds a Bachelor of Science from Wilmington College and an Associate Degree from Delaware Technical and Community College. Ms. Bruno is a resident of Wilmington, Delaware.

About WSFS Financial Corporation

WSFS Financial Corporation is a $3.8 billion financial services company. Its primary subsidiary, Wilmington Savings Fund Society, FSB (WSFS Bank), operates 40 banking offices located in Delaware (35), Pennsylvania (4) and Virginia (1). WSFS Bank provides comprehensive financial services including commercial banking, retail banking and trust and wealth management. Other subsidiaries include WSFS Investment Group, Inc. and Montchanin Capital Management, Inc. Serving the Delaware Valley since 1832, WSFS 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 .

The photos are also available via AP PhotoExpress.

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