updated 4/14/2011 9:16:47 AM ET 2011-04-14T13:16:47

WILMINGTON, Del., April 14, 2011 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced that its Associates and Board of Directors donated $18,000 to disaster relief efforts in Japan. WSFS matched all contributions dollar-for-dollar bringing the total donated to the American Red Cross Japan relief efforts to $36,000. Since its founding in 1881, the American Red Cross has been the nation's premier emergency response organization distinguishing itself by aiding victims of devastating natural disasters.

Closer to home, WSFS Associates continued their ongoing support of the United Way ofDelaware, in which a record $200,000 was pledged during the Fall 2010 annual fundraising campaign. The United Way of Delaware maximizes the community's resources to improve the quality of life for all Delawareans byfocusing on the most critical human needs to achieve results that matter and that have a lasting impact.

"Our mission to strengthen the communities we serve includes not only supporting our local community through great organizations like the United Way, but also our willingness to extend our responsibility well beyond our footprint to answer a desperate call for help halfway around the world," said Mark A. Turner, President and CEO of WSFS Bank. "These are just two examples of how our Associates emulate our values, most notably, doing the right thing in serving our local and world-wide community," continued Mr. Turner.

About WSFS Financial Corporation

WSFS Financial Corporation is a multi-billion dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest, locally-managed bank and trust company headquartered in Delaware with $4.0 billion in assets on its balance sheet and $7.5 billion in trust assets under administration. WSFS has 43 offices located in Delaware (36), Pennsylvania (5), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking and trust and wealth management. Other subsidiaries or divisions include Christiana Trust, WSFS Investment Group, Inc., Cypress Capital Management, LLC and Cash Connect. Serving the Delaware Valley since 1832, WSFS is the seventh oldest bank in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com.

CONTACT: Media Contact:
         Stephanie Heist
         (302) 571-5259

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