18-352B 18-352B . . . Stock Option Plan under which committee appointed by Board of Directors can grant (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Stand-alone or Tandem Stock Appreciation Rights, and (d) Phantom Stock (which entitles recipient to receive in cash when share vests, an amount equal to sum of (x) fair market value of a share of stock on date when such share of Phantom Stock vests and (y) aggregate amount of cash dividends paid with respect to a share of stock during period between date share of Phantom Stock was granted and date on which such share vests). Committee has broad discretion at time of making Phantom Stock awards to impose conditions that must be satisfied in order for Phantom Stock to become vested
Wake North Carolina Stock Option Plan of WSFS Financial Corporation
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FAQ
WSFS and Beneficial announced that WSFS would acquire Beneficial, with the deal expected to close in early 2019. The deal ultimately closed March 1, 2019. Beneficial offices as well as some WSFS offices were consolidated and/or rebranded under the WSFS name on August 26.
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.
WSFS Financial Corporation is a financial services company. Its primary subsidiary, WSFS Bank, a federal savings bank, is the largest and longest-standing locally managed bank and trust company headquartered in Delaware and the Greater Delaware Valley.
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.
FDIC Insurance Coverage Since WSFS Bank is a member of the Federal Deposit Insurance Corporation, your accounts are fully insured for up to $250,000 per depositor.
Minimum opening deposit is $100. See account details here. See Personal Deposit Services Cost Summary here.
WSFS is a pretty reliable bank to use regularly. They have friendly customer service, overall. Their employees treat you like valued customers. On the downside, they do not have as many online features as, say, Capital One 360.
WSFS officially stands for Wilmington Savings Fund Society; founded in 1832.
WSFS' acquisition of Beneficial was completed in March 2019 growing the bank to 152 locations in the market with $12.2 billion in assets. WSFS rebranded or consolidated all former Beneficial Bank locations to WSFS Bank on August 26, 2019.
WSFS Financial Corporation on Feb. 28 announced that it has full approval to acquire Beneficial Bancorp, Inc. WSFS Bank and Beneficial Bank will merge as a result of the $1.5 billion deal. WSFS expects to complete the transaction on Friday, March 1.