Palm Beach, Florida, is a picturesque coastal city known for its luxurious lifestyle and pristine beaches. This thriving community is also home to the adoption of the Stock Option Plan of WSFS Financial Corporation, a prominent financial institution based in Wilmington, Delaware. The Palm Beach Florida Adoption of Stock Option Plan of WSFS Financial Corporation is an essential initiative that allows eligible employees of this corporation to acquire stock options as a part of their compensation package. These stock options grant the employees the right to buy a specific number of company shares at a predetermined price within a specified timeframe. The adoption of this plan by WSFS Financial Corporation serves multiple purposes. Firstly, it incentivizes and rewards employees by providing them with an opportunity to benefit from the company's success and share in its financial growth. It further aligns the interests of the employees with those of the corporation, as the plan encourages employees to contribute to the overall success and profitability of WSFS Financial Corporation. This adoption of the Stock Option Plan also enables WSFS Financial Corporation to attract and retain top talent, as the allure of an attractive compensation package, coupled with the company's strong reputation and stability, makes it an enticing employer in Palm Beach, Florida, and beyond. The plan's structure allows employees to enjoy potential financial rewards in line with the company's performance, creating a mutually beneficial relationship for both the corporation and its workforce. Different types of the Palm Beach Florida Adoption of Stock Option Plan may include variations based on the vesting period, exercise price, and the number of stock options granted to eligible employees. These variations ensure flexibility and different levels of benefits based on an employee's tenure, position, or performance evaluation. In conclusion, the Palm Beach Florida Adoption of Stock Option Plan of WSFS Financial Corporation is a strategic move that provides significant advantages for both the company and its employees. This compensation package encourages dedication, productivity, and loyalty amongst the workforce and strengthens WSFS Financial Corporation's position as an employer of choice in Palm Beach, Florida.
Palm Beach Florida Adoption of Stock Option Plan of WSFS Financial Corporation
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The $976.4 million Bryn Mawr acquisition deal will grow WSFS' assets by about 25% and its wealth management assets by more than 40%, totaling post-merger nearly $20 billion and $43 billion, respectively, as of Dec.
Beneficial Bank, the oldest and largest bank based in Philadelphia, is officially no more after 166 years. New owner WSFS Financial Corp. completed the rebranding and systems conversion of all Beneficial branches, offices and ATMs over the weekend.
Additionally, the WSFS Bank brand was introduced in New Jersey in August 2019 when former Beneficial Bank branches were rebranded as WSFS Bank.
WSFS celebrated its 35th year of being a publicly traded company with Chairman, President and CEO Rodger Levenson, joined by members of the executive leadership team, Associates and friends of WSFS, ringing The Nasdaq Stock Market Opening Bell.
WSFS Financial Corporation (WSFS) is a multi-billion dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally-headquartered bank and trust company headquartered in Delaware and the Greater Philadelphia region.
The integration of WSFS Wealth and Bryn Mawr Trust Wealth Management groups will take place throughout 2022. Both banks' Customers, however, have immediate and free access to the combined WSFS and Bryn Mawr Trust ATM network of more than 600 ATMs. The new board members bring a wealth of knowledge and experience.
WSFS common stock is traded on the NASDAQ stock exchange. To purchase stock, contact your broker or contact WSFS Wealth Investments at (302) 504-9857.
Beneficial is now officially part of the WSFS Bank family. We can be reached at 302-792-3446 weekdays 7am 7pm and weekends 9am 3pm. WSFS Online and Mobile Banking are now available.
WILMINGTON, Del. , March 01, 2019 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq: WSFS) (WSFS), the parent company of WSFS Bank , has completed the acquisition of Beneficial Bancorp, Inc. and its primary subsidiary, Beneficial Bank , and is now operating as one Company.
By the 1980s, WSFS had expanded from northern New Castle County into Kent and Sussex counties, and went public in 1986 on the NASDAQ market.