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WSFS Bank Ranked Twenty-First on Forbes’ Second Annual World’s Best Banks List

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WSFS Bank has been recognized on Forbes’ World’s Best Banks list, ranking 21st in the U.S. This marks the first time WSFS has made this global list. The ranking is based on a survey of over 40,000 banking customers regarding their satisfaction with banks, including attributes like trust, fees, and digital services. WSFS Bank has a robust presence in the Greater Philadelphia and Delaware region, boasting $12.3 billion in assets and $21.1 billion in assets under management as of March 31, 2020. The Bank continues to emphasize its commitment to local customer service.

Positive
  • Ranked 21st in Forbes' World’s Best Banks list in the U.S.
  • First appearance on the global list, enhancing brand reputation.
  • Significant asset base: $12.3 billion in assets and $21.1 billion in assets under management.
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  • None.

WILMINGTON, Del., June 10, 2020 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), was recently named one of the highest ranked locally-based banks on Forbes’ second annual World’s Best Banks list. Overall WSFS ranked number 21 in the United States. This is the first time WSFS has made the global list.

Forbes partnered with Statista to produce the list, surveying more than 40,000 banking customers across the globe for their opinions on their current and former banking relationships. Banks were rated on general customer satisfaction and important attributes including trust, fees, digital services and financial advice. Between five and 75 banks were identified as top banks in each country based on the total evaluations collected, the number of banks in the specific country and the scores achieved.

“We appreciate that our Customers acknowledge and value our commitment to service,” said Rodger Levenson, Chairman, President and CEO, WSFS Bank. “For more than 188 years, WSFS Bank has been delivering on our mission, ‘We Stand For Service.’  Now more than ever, our local roots matter as we stand ready to serve our community and Customers.”     

WSFS Bank is the largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region, one of the most demographically rich and vibrant economies in the United States. 

About WSFS Financial Corporation
WSFS Financial Corporation is a multi-billion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally managed bank and trust company headquartered in Delaware and the Greater Philadelphia region. As of March 31, 2020, WSFS Financial Corporation had $12.3 billion in assets on its balance sheet and $21.1 billion in assets under management and administration. WSFS operates from 116 offices, 91 of which are banking offices, located in Pennsylvania (54), Delaware (44), New Jersey (16), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Cash Connect®, Cypress Capital Management, LLC, Christiana Trust of Delaware, NewLane Finance, Powdermill Financial Solutions, West Capital Management, WSFS Institutional Services, WSFS Mortgage, and WSFS Wealth Investments. Serving the greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com.

Media Contact: Rebecca Acevedo
(215) 253-5566
racevedo@wsfsbank.com


FAQ

What rank did WSFS achieve on Forbes' World’s Best Banks list?

WSFS Bank ranked 21st in the United States on Forbes' World’s Best Banks list.

When was WSFS Bank recognized on the World’s Best Banks list?

WSFS Bank was recognized on June 10, 2020.

How many assets does WSFS Financial Corporation have?

As of March 31, 2020, WSFS Financial Corporation had $12.3 billion in assets.

What attributes were surveyed for the World’s Best Banks ranking?

Surveyed attributes included customer satisfaction, trust, fees, digital services, and financial advice.

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