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WSFS Reports 3Q 2022 EPS of $1.16, ROA of 1.44%; Reflects Expanded NIM of 3.99%, Diversified Loan Growth, and Fee Revenue at 26.1% of Total Net Revenue

WILMINGTON, Del., Oct. 24, 2022 -- WSFS Financial Corporation , the parent company of WSFS Bank, today announced its financial results for the third quarter of 2022. Selected quarterly financial... | October 24, 2022
United States New Jersey City Of United Kingdom Dominicc Canuso Rodger Levenson

FDIC Staff Issues Statement Requiring Banks to Scrutinize Primary Purpose Exception Notices | Seward & Kissel LLP

On July 15, 2022, the Division of Risk Management Supervision (the โ€œStaffโ€) of the Federal Deposit Insurance Corporation (โ€œFDICโ€) published a two-page statement (the โ€œStatementโ€) โ€œto...
Doreenr Eberly Seward Kissel Risk Management Supervision Federal Deposit Insurance Corporation Brokered Deposit Call Report

House Financial Services Committee Issues Statement From NCUA Office of Examination & Insurance Director Lay

The House Financial Services Committee Task Force on Artificial Intelligence issued the following statement by Kelly J. Lay, director of the Office of Examination and Insurance at the National Credit Union Administration, involving a hybrid hearing on May 13, 2022, entitled "Keeping Up With the Codes- Using AI for Effective RegTech":. My name is Kelly Lay, and I am...
United States Office Of Business Innovation Share Insurance Fund National Credit Union Share Insurance Fund Office Of Inspector Oversight Authority

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Implementation Of The Current Expected Credit Losses Methodology For Allowances, Related Adjustments To The Tier 1/Tier 2 Capital Rule, And Conforming Amendments – InsuranceNewsNet

SUMMARY: The Farm Credit Administration is amending certain regulations to address changes in U.S. generally accepted accounting principles. These amendments modify FCA's capital and other regulations, including certain regulatory disclosure requirements. C. Overview of Changes to U.S. GAAP.
United States Jeremyr Edelstein Jennifer Cohn Ashley Waldron Bryan Leist Capital Markets Team

WSFS Financial : REPORTS 1Q 2022 RESULTS; SUCCESSFUL CLOSE AND INTEGRATION OF BRYN MAWR TRUST INTO BANK; DIVERSIFIED DEPOSITS AND LOANS MIX POSITIONED WELL FOR RISING RATES - Form 8-K

WSFS REPORTS 1Q 2022 RESULTS; SUCCESSFUL CLOSE AND INTEGRATION OF BRYN MAWR TRUST INTO WSFS BANK; DIVERSIFIED DEPOSITS AND LOANS MIX POSITIONED WELL FOR RISING... | April 21, 2022
United States New Jersey City Of United Kingdom Charter Oak Rodger Levenson

FDIC Chairman McWilliams Issues Remarks at Community Bankers Symposium: Banking on Future

The Federal Deposit Insurance Corporation issued the following remarks on Oct. 22, 2021, by Chairman Jelena McWilliams at the Community Bankers Symposium- Banking on the Future:. At the FDIC, we observe in our daily work the vital role that community banks play in their local communities and in the U.S. economy overall. Today, there are 608 counties in the United...
United States Jelena Mcwilliams Federal Reserve Bank Competition To Modernize Bank Financial Truist Financial Corporation Bank Fund

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