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WSFS Bank
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Summary
location iconWilmington, Delaware
company sizeCompany size: 1001-5000
total assetsTotal Assets: $10B - $25B

WSFS Bank is a federally-charted bank based in Wilmington, Delaware founded in 1832 and a wholly-owned subsidiary of WSFS Financial Corporation, a publicly traded financial services holding company. WSFS Bank offers personal and business banking services including personal loans, mortgages, auto loans, construction loans, commercial loans and lines of credit, merchant services, credit cards, private banking, investment services, trust services, wealth management, and other banking and financial services. WSFS Bank serves customers from more than 90 banking offices in Delaware, the City of Philadelphia and southeastern Pennsylvania, southern New Jersey, Virginia, and Nevada.

Categories
Commercial Banks
Investment Management
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WSFS Bank - Recent News & Articles

20 banks that are sitting on huge potential securities losses—as was SVB

SVB Financial Group, decades-long focused on the venture capital industry, faced a perfect storm, but there are plenty of other banks that would face ...

Source: MarketWatch
IMF warns US on ballooning fiscal burden

The IMF’s second-in-command has urged the US to shrink its mounting fiscal burden, saying strong growth in the world’s largest economy gave it “ample”...

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Moody’s puts several U.S. regional banks on downgrade review over commercial real-estate concerns

Moody’s Ratings has placed the long-term debt ratings of Old National Bancorp. and several other U.S. regional banks on review for downgrade amid conc...

Source: MarketWatch
ECB cuts key interest rates by 25 bps even as outlook on inflation revised up

The European Central Bank cut its policy rates by 25 basis points, as expected, on Thursday, its first cut in almost five years amid signs that price ...

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Bank of Canada Cuts Policy Rate to 4.75%, Signals More Easing Possible

The Bank of Canada cut on Wednesday its main interest rate by a quarter-percentage point, becoming the first Group of Seven central bank to provide ra...

Source: MarketWatch
Europe May Soon Discover the Limits of Decoupling on Rates

Monetary policy in advanced countries is diverging in a manner that was thought highly unlikely just a few months ago. A major question facing many c...

Jamie Dimon says there could be 'hell to pay' if the swelling private-credit market starts showing cracks

JPMorgan Chase CEO Jamie Dimon said private credit could spark turmoil if the opaque sector of financial markets weakens. "There could be hell to pay,...

US Bank Regulators Could Have Averted $9 Billion in Losses

The failures of Silicon Valley Bank and First Republic Bank in 2023 caused plenty of finger-pointing at bank regulators. Many US financial institution...

Federal Reserve minutes indicate worries over lack of progress on inflation

“Participants observed that while inflation had eased over the past year, in recent months there had been a lack of further progress toward the Commit...

Source: CNBC
CFPB says buy now, pay later firms must comply with U.S. credit card laws

The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the same federal prot...

Source: CNBC