updated 12/15/2010 10:17:01 AM ET 2010-12-15T15:17:01

WILMINGTON, Del., Dec. 15, 2010 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced that David B. Reed and Kevin B. Harris have joined WSFS Investment Group, Inc. as Financial Advisors. WSFS Investment Group is a subsidiary of WSFS Bank, providing brokerage, retirement and insurance services to its clients through INVEST Financial Corporation, member FINRA, SIPC.

David B. Reed, Financial Advisor for WSFS Investment Group




Kevin B. Harris, Financial Advisor for WSFS Investment Group




Photos accompanying this release are available at http://www.globenewswire.com/newsroom/prs/?pkgid=8470  and http://www.globenewswire.com/newsroom/prs/?pkgid=8471

In their new roles, Mr. Reed and Mr. Harris will attend to all aspects of their clients' financial needs and provide assistance and education during each lifestyle phase; new investors, professionals, businesses, and retirees.

Mr. Reed brings over 15 years of brokerage and advisory experience to WSFS Bank. Previously, he worked at Fulton Bank, and prior to that, Mr. Reed worked for Merrill Lynch and Wachovia where he helped develop their brokerage business. He holds a Bachelor of Science in Accounting from the University of Delaware and a Master of Business Administration from Widener University. He currently resides in Rehoboth Beach, Delaware.

Mr. Harris has worked in the financial industry for 14 years. Previously, he worked at Bank of America / Merrill Lynch as a Financial Advisor cultivating and growing client relationships to establish new brokerage accounts. Mr. Harris graduated from Towson University with a Bachelor of Science in Business Administration with a focus on Management. He currently resides in Newark, 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), is Delaware's oldest, locally-managed bank and trust company headquartered in Delaware and has $7 billion in assets under management or administration. WSFS operates 42 banking offices located in Delaware (35), Pennsylvania (5), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking and wealth management through its Christiana Trust division. 

Other subsidiaries or divisions include WSFS Investment Group, Inc., Cypress Capital Management, LLC and Cash Connect, a leading provider of ATM vault cash in North America. 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.

CONTACT:  WSFS Financial Corporation
          Stephanie A. Heist
          (302) 571-5259
          sheist@wsfsbank.com

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