updated 6/23/2011 10:16:41 AM ET 2011-06-23T14:16:41

WILMINGTON, Del., June 23, 2011 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced that Sebastian "Ben" Mancarella and Kari Kroll 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.

Ben Mancarella
Ben Mancarella




Kari Kroll
Kari Kroll




Photos accompanying this release are available at:

http://www.globenewswire.com/newsroom/prs/?pkgid=9884

http://www.globenewswire.com/newsroom/prs/?pkgid=9885

Mr. Mancarella brings over 16 years of investment and advisory experience to WSFS Bank. Throughout his career, he worked at Citizens Investments, Merrill Lynch, Wilmington Trust and First Union. He holds a Bachelor of Science in Finance from LaSalle University and a Master of Business Administration in Economics from Drexel University. A member of the South Philadelphia Business Association, Mr. Mancarella holds Series 7 and Series 66 Investment Licenses. He currently resides in Media, Pennsylvania.

Prior to joining the WSFS Investment Group as a Financial Advisor, Ms. Kroll was a Personal Banker at WSFS for five years. She holds a Bachelors of Science Degree in Criminal Justice from The University of Delaware and holds an Insurance License as well as Series 7 and Series 66 Investment Licenses. She resides in Delaware City, Delaware.

"We are thrilled to welcome Ben and Kari to the WSFS Investment Group," said Russell M. Hanscom, III, Vice President and Investment Manager. "Their expertise will be an invaluable asset to our Customers when creating sound investment plans to meet their financial goals."

In their new roles, Mr. Mancarella and Ms. Kroll will attend to all aspects of their clients' financial needs and provide assistance whether the Customer is a new investor, professional, business owner or a retiree. Mr. Mancarella will work with clients in northern New Castle County, Delaware and throughout Southeastern Pennsylvania. Ms. Kroll will work with clients in central New Castle County, Delaware.

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 with $4.0 billion in assets on its balance sheet and $7.7 billion in trust assets under management and administration. WSFS has 46 offices located in Delaware (38), Pennsylvania (6), 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 .

The photos are also available via AP PhotoExpress.

CONTACT: Cortney T. Klein
         (302) 571-5253
         cklein@wsfsbank.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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