WSFS Bank Opens Branch in Seaford, Delaware

/ Source: GlobeNewswire

WILMINGTON, Del., May 26, 2011 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced the opening of a new banking office located at 22820 Sussex Highway, Unit #19, Seaford, DE 19973 in the Seaford Commons Shopping Center. The full-service branch will feature extended banking hours, drive-up teller, ATM and a coffee bar.

"We are thrilled to open our newest branch in Seaford and offer our loyal Customers another convenient location to do their banking," said Richard M. Wright, Executive Vice President of Retail Banking & Marketing for WSFS Bank. "As Delaware's oldest and largest, locally-managed bank and trust company, we look forward to providing our world-class service to the businesses and residents in this community."

The WSFS Seaford banking office has extended banking hours. The Bank is open Monday — Thursday 9 a.m. — 6 p.m., Friday 9 a.m. — 7 p.m. and Saturday 9 a.m. — 3 p.m. The drive-up opens at 8 a.m. Monday – Friday and at 9 a.m. on Saturday. In addition, WSFS has the largest ATM network in the state of Delaware with over 375 ATMs offering greater convenience and access for WSFS Customers.

A grand opening celebration is planned at the Seaford branch on Saturday, June 11 from 11 a.m. — 3 p.m. In addition to the Seaford location, WSFS has 6 other branches in Sussex County.

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 44 offices located in Delaware (37), 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 .

Forward Looking Statements

Statements contained in this news release which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, which are based on various assumptions (some of which may be beyond the Company's control) are subject to risks and uncertainties and other factors which could cause actual results to differ materially from those currently anticipated. Such risks and uncertainties include, but are not limited to, those related to the economic environment, particularly in the market areas in which the Company operates; the volatility of the financial and securities markets, including changes with respect to the market value of its financial assets; changes in government regulation affecting financial institutions and potential expenses associated therewith; changes resulting from the Company's participation in the U.S. Treasury's Capital Purchase Program including additional conditions that may be imposed in the future on participating companies; and the costs associated with resolving any problem loans; and other risks and uncertainties, discussed in documents filed by WSFS Financial Corporation with the Securities and Exchange Commission from time to time. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company

CONTACT: Cortney T. Klein (302) 571-5253