WSFS Bank Ranked Twenty-First on Forbes’ Second Annual World’s Best Banks List
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.
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Rhea-AI Summary
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.
Negative
- None.
Details
News Market Reaction – WSFS
The recorded move for WSFS in the trading session of this news was -6.55%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
Media Contact: Rebecca Acevedo
(215) 253-5566
racevedo@wsfsbank.com
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