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Photo Release -- WSFS Financial Corporation to Combine with Bryn Mawr Bank ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Photo Release WSFS Financial Corporation to Combine with Bryn Mawr Bank .
WSFS Financial CorporationMarch 10, 2021 GMT
WILMINGTON, Del. and BRYN MAWR, Pa., March 10, 2021 (GLOBE NEWSWIRE) WSFS Financial Corporation (NASDAQ: WSFS) and Bryn Mawr Bank Corporation (NASDAQ: BMTC), jointly announced today the signing of a definitive merger agreement whereby Bryn Mawr Bank Corporation (“Bryn Mawr”) will merge with WSFS Financial Corporation (“WSFS”), in a transaction valued at approximately $976.4 million. Simultaneously with the merger, The Bryn Mawr Trust Company (“BMT”), the wholly owned subsidiary of Bryn Mawr, will merge into WSFS Bank, a wholly owned subsidiary of WSFS. The combination of two of the high performing, locally-based financial services companies in the Greater Philadelphia and Delaware region solidifies WSFS’ position as the preeminent, locally-h ....

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KBRA Affirms Ratings for WSFS Financial Corporation Following its Announcement to Combine with ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
KBRA Affirms Ratings for WSFS Financial Corporation Following its Announcement to Combine with .
WSFS Financial CorporationMarch 11, 2021 GMT
WILMINGTON, Del., March 11, 2021 (GLOBE NEWSWIRE) Kroll Bond Rating Agency (KBRA) affirmed the ratings of WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS”) following the March 10, 2021 announcement to combine with Bryn Mawr Bank Corporation (NASDAQ: BMTC) (“Bryn Mawr”). Upon the close of the transaction, Bryn Mawr Trust, the wholly owned subsidiary of Bryn Mawr, will merge into WSFS Bank, a wholly owned subsidiary of WSFS. With a “Stable Outlook” for WSFS, KBRA said it considers the transaction to be “strategically sound given that it represents a scale play for both companies, particularly in light of the recent focus on technology investment and integration. The combined organization will have the largest deposit mark ....

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WPD searching for missing teen

14-yr old Demaya Hamilton was last seen along South 23rd Street in Wilmington. ....

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President Biden's Dogs Removed From The White House | 97.3 and 103.3 The Bull ICONS

The dogs moved into the White House less than a week after President Biden's inauguration. ....

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Psaki: President Biden's Pet Cat 'Will Break The Internet' Once It Arrives | Newsradio WOOD 1300 and 106.9 FM

The WH press secretary believes the pet cat will take the internet by storm. ....

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