WSFS Announces Formation of WSFS CARES Foundation to Further Bolster Community Support
WILMINGTON, Del., June 09, 2021 (GLOBE NEWSWIRE) — WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, announced the merging of the WSFS Foundation and the WSFS Community Foundation to form the WSFS CARES Foundation.
The WSFS Foundation, founded in 2003, was the philanthropic arm of WSFS Financial Corporation, while the WSFS Community Foundation, previously the Beneficial Bank Foundation, was founded in 2007, and joined WSFS as part of the acquisition of Beneficial Bank.