WSFS Names Kate McGlinchey, Senior Vice President, Chief Compliance Officer

Rhea-AI Summary

WSFS Bank (Nasdaq: WSFS) has appointed Kate McGlinchey as Senior Vice President, Chief Compliance Officer. Reporting to Executive Vice President and Chief Risk Officer Christine Davis, McGlinchey will oversee the bank's Compliance Management, Fraud, Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) programs.

McGlinchey brings over 20 years of experience in regulatory compliance, financial crimes, and risk management, having previously held senior positions at TD, Capital One, ING Direct, and First Citizens Bank. She holds a Certified Regulatory Compliance Manager (CRCM) designation and Enterprise Risk Management certification from the University of Maryland's Robert H. Smith School of Business.

Positive

• Strengthened compliance leadership with experienced executive appointment
• Enhanced risk management capabilities through hiring of 20-year industry veteran

Negative

• None.

WILMINGTON, Del.--(BUSINESS WIRE)-- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), has named Kate McGlinchey as Senior Vice President, Chief Compliance Officer.

WSFS Bank has named Kate McGlinchey as Senior Vice President, Chief Compliance Officer.

Reporting to WSFS Executive Vice President and Chief Risk Officer, Christine Davis, McGlinchey will lead the design and execution of the bank’s Compliance Management, Fraud, and Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) programs. Her responsibilities cover all risk areas of the organization, including wealth, consumer regulatory compliance, BSA/AML, enterprise governance, risk management and driving the strategic direction of the bank’s compliance team.

“Kate is a seasoned compliance professional with extensive industry experience,” said Davis. “Kate’s expertise will ensure that our commitment to regulatory standards remains strong, enabling continued growth.”

McGlinchey joins WSFS with more than 20 years of experience in regulatory compliance, financial crimes, risk management, first line of defense governance and fraud risk management. She has served in a variety of senior regulatory and compliance roles at financial institutions such as TD, Capital One, ING Direct, and most recently with First Citizens Bank.

“I’m thrilled to join WSFS, a financial institution with an enduring legacy and exciting future,” said McGlinchey. “I look forward to continuing to refine and enhance the safeguards required to best serve our clients, communities, and stakeholders.”

McGlinchey holds the Certified Regulatory Compliance Manager (CRCM) designation from the American Bankers Association. She earned an Enterprise Risk Management certification from the University of Maryland’s Robert H. Smith School of Business and studied communications and applied technology at Drexel University. In addition to her professional accomplishments, McGlinchey serves on the board of Communities in Schools of Delaware, a dropout prevention program that provides wraparound services to support at-risk youth.

About WSFS Financial Corporation
WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and wealth management franchise in the Greater Philadelphia and Delaware region. As of December 31, 2024, WSFS Financial Corporation had $20.8 billion in assets on its balance sheet and $89.4 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (39), New Jersey (14), Florida (2), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust^®, The Bryn Mawr Trust Company of Delaware, Cash Connect^®, NewLane Finance^®, Powdermill^® Financial Solutions, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250414392454/en/

Media Contact: Connor Peoples

(215) 864-5645

CPeoples@wsfsbank.com

Source: WSFS Bank

FAQ

What role has Kate McGlinchey been appointed to at WSFS Bank?

Kate McGlinchey has been appointed as Senior Vice President, Chief Compliance Officer at WSFS Bank.

What are Kate McGlinchey's main responsibilities in her new role at WSFS?

She will lead the bank's Compliance Management, Fraud, BSA and AML programs, covering wealth, consumer regulatory compliance, enterprise governance, and risk management.

What is Kate McGlinchey's professional background before joining WSFS?

She has over 20 years of experience in regulatory compliance and risk management, with previous roles at TD, Capital One, ING Direct, and First Citizens Bank.

What certifications does Kate McGlinchey hold?

She holds a Certified Regulatory Compliance Manager (CRCM) designation and Enterprise Risk Management certification from the University of Maryland.