Photo Release -- WSFS Names Marketing Director


WILMINGTON, Del., Aug. 25, 2011 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced the hiring of David H. Hargarten as Senior Vice President and Marketing Director. With more than twenty years experience in the financial marketing profession, Mr. Hargarten will oversee WSFS Bank's Corporate, Retail, Commercial and Wealth marketing as well as product management, research and public relations.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10321

"We are excited to welcome David to the WSFS Bank management team," said Rick Wright, Executive Vice President of Retail Banking & Marketing for WSFS Bank. "His marketing savvy, broad understanding of the financial industry and strong leadership skills will be an asset in helping to achieve WSFS Bank's immediate and long-term goals."

Prior to joining WSFS Bank, Mr. Hargarten spent over three years with Merrill Lynch Wealth Management as Managing Director of Cash Management Solutions and Managing Director of Merrill Edge Client Acquisition. Earlier, he served as Senior Vice President and Director of Marketing at Commerce Bank, overseeing Commercial Banking and then leading the Retail and Commercial Banking Divisions. Prior to that, Mr. Hargarten joined Bank One Corporation as Senior Vice President of Business Banking.

Mr. Hargarten graduated from the University of Delaware with a Bachelor of Arts in Biological Sciences and received his Master of Business Administration in Marketing from the University in 1998. He resides in Kennett Square, Pennsylvania.

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 $4.2 billion in assets on its balance sheet and $9.3 billion in fiduciary assets, including approximately $1.0 billion in assets under management.  WSFS has 48 offices located in Delaware (38), Pennsylvania (8), 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 photo is also available via AP PhotoExpress.



            
David H. Hargarten

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