July 12, 2014 4:19 AM ET


Company Overview of Wilmington Savings Fund Society, FSB

Company Overview

Wilmington Savings Fund Society, FSB provides financial products and services. It offers personal and business checking and savings accounts, money markets, CDs, mortgages, and debit and credit cards, as well as trust, wealth, and investment management services. The company also provides consumer, customized business, and construction loans; cash management services; consumer lending solutions, such as home equity loans and home equity lines; campus and online banking, lending, and employee benefit services; and deposits, as well as lending solutions, such as lines of credit and mortgage financing. Wilmington Savings Fund Society, FSB was formerly known as Wilmington Savings Fund Society and...

500 Delaware Avenue

Wilmington, DE 19801

United States

Founded in 1832





Key Executives for Wilmington Savings Fund Society, FSB

Chief Executive Officer
Age: 50
Chief Financial Officer and Executive Vice President
Age: 48
Chief Lending Officer and Chief Operating Officer
Age: 65
Chief Investment Officer and Vice President
Chief Technology Officer and Executive Vice President
Age: 56
Compensation as of Fiscal Year 2014.

Wilmington Savings Fund Society, FSB Key Developments

Wilmington Savings Fund Society, FSB Announces Board Changes

WSFS Bank recently announced the date of its annual stockholders meeting, and the Wilmington-based institution is expected to use the occasion to change the structure and make-up of its corporate governance. WSFS informed shareholders in a regulatory filing earlier this month that it would be shrinking its board of directors from 11 seats to 10. The bank also reduced the size of its board last year when three retiring board members were not replaced. Director R. Ted Weschler decided not to seek re-election because he will be taking on an expanded role with Warren Buffett's Berkshire Hathaway. Former Bayhealth CEO Dennis E. Klima and William B. Chandler III, the former chancellor of the Delaware Chancery Court, plan to retire. With those three departures, WSFS will welcome only two new directors. Longwood Foundation president Eleuthère. du Pont has been nominated to the board along with David G.Turner, vice president/partner of IBM Global Business Services.

Wilmington Savings Fund Society, FSB Appoints Mark A. Gordon as Director of Private Banking in its Wealth Management Division

WSFS Financial Corp. announced that Mark A. Gordon has been appointed Director of Private Banking in the Wealth Management division of Wilmington Savings Fund Society, FSB (WSFS Bank). Mr. Gordon joined WSFS in 2007 as Vice President in the Commercial Banking division working with middle market clients. Prior to WSFS, he led the private banking team at the Greenville, Delaware office for Mellon Financial Corporation. Prior to that, he was a Financial Advisor with Merrill Lynch managing high net worth individual clients.

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