Photo Release -- WSFS Strengthens Private Banking and Commercial Banking Teams in Southern Delaware

Photo Release -- WSFS Strengthens Private Banking and Commercial Banking Teams
in Southern Delaware

WILMINGTON, Del., March 13, 2013 (GLOBE NEWSWIRE) -- WSFS Financial
Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced
that Laura T. Phillips, Denise M. Allen and Robert M. Matsko have joined WSFS
Bank. All three come from Wilmington Trust Company / M&T Bank and will serve
in various capacities in Kent and Sussex counties.

Laura Phillips
  Laura Phillips

Denise Allen
  Denise Allen

Bob Matsko
  Bob Matsko

Laura Phillips is Vice President and Private Banking Relationship Manager. She
is responsible for serving the Private Banking needs of WSFS Wealth Management
clients as well as cultivating new relationships throughout Southern Delaware.
She comes to WSFS with over 35 years at Wilmington Trust / M&T. A resident of
Seaford, Delaware, Ms. Phillips has a Bachelor of Science from Wilmington
University, is Director, Secretary and Treasurer of Delaware Electric
Cooperative and volunteers for the Delaware Financial Literacy Institute Bank
at School program.

A photo of Laura Phillips is available at

Denise Allen is a Portfolio Manager for the WSFS Private Banking department
where she provides client support in the delivery and maintenance of credit
and deposit products, also in the Southern Delaware region. Prior to WSFS, Ms.
Allen spent 31 years at Wilmington Trust / M&T serving in many roles. She has
a Bachelor of Arts in Economics from the University of Delaware and resides in
Ocean View, Delaware.

A photo of Denise Allen is available at

Bob Matsko is Vice President and Commercial Real Estate Relationship Manager
where he manages client relationships in Kent and Sussex County. Prior to his
current role, he was Vice President at Wilmington Trust / M&T where he spent
16 non-consecutive years in the Commercial Real Estate and Commercial Banking
divisions. He also spent six years as a Financial Advisor for Merrill Lynch
Pierce Fenner & Smith where he managed investment portfolios and retirement
plans for individuals and business owners. Mr. Matsko has a Bachelor of
Science from the University of Delaware and graduated with Honors from the
Stonier Graduate School of Banking. He is Series 7 licensed and is active with
the Colonial Rotary Club of Dover, Kent County Ducks Unlimited and Holy Cross

A photo of Bob Matsko is available at

"We are delighted to add this level of experience to our team of Associates
serving all of Southern Delaware," said Peggy H. Eddens, Executive Vice
President and Chief Human Capital Officer of WSFS Bank. "As Delaware's oldest
and largest bank and trust company, we have been fortunate to create new jobs
within our organization, jobs that help to grow and strengthen not only WSFS,
but the local economies as well."

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 $4.4 billion in assets
on its balance sheet and $17.0 billion in fiduciary assets, including
approximately $1.1 billion in assets under management. WSFS operates from 51
offices located in Delaware (42), Pennsylvania (7), 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

These photos are also available via AP PhotoExpress.

CONTACT: Stephanie A. Heist
         (302) 571-5259
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