NewsStocksWSFS Bank and Bryn Mawr Trust Open New Lancaster Office, Expanding Wealth, Private Banking, and Lending Services

WSFS Bank and Bryn Mawr Trust Open New Lancaster Office, Expanding Wealth, Private Banking, and Lending Services

Author: Globalfintechseries·

Key Takeaways

  • •WSFS Financial Corporation has opened a new Lancaster, Pennsylvania office at 201 Granite Run Drive, Suite 140, offering wealth management, private banking, and lending services to local clients.
  • •The office is led by David Stork, Senior Vice President and Wealth Director, and includes relationship managers covering mortgage, middle market, private banking, and small business services.
  • •WSFS intends to grow the Lancaster team by hiring additional staff, with hiring pace serving as a measure of the expansion's progress.
  • •Executives Jamie Hopkins and Shari Kruzinski pointed to Lancaster's growing economy and influx of new residents and businesses as the rationale for the expansion.
  • •The Lancaster opening follows Bryn Mawr Trust's Doylestown, Pennsylvania office launched last year, reflecting a multi-year regional build-out of the combined wealth, private banking, and lending platform.
WSFS Bank and Bryn Mawr Trust Open New Lancaster Office, Expanding Wealth, Private Banking, and Lending Services

WSFS Financial Corporation, the Wilmington, Delaware–based parent company of WSFS Bank and Bryn Mawr Trust, has announced the opening of a new office in Lancaster, Pennsylvania. The new location solidifies the two companies' growing presence across the region, extending a full suite of wealth management, private banking, and lending services to clients throughout the Lancaster community. For Lancaster clients, the setup concentrates wealth advisory, mortgage, business, and private banking capabilities at a single address, a structure built around in-person relationship management rather than service lines handled at separate locations.

Situated at 201 Granite Run Drive, Suite 140, the office will be led by David Stork, Senior Vice President and Wealth Director, and a longtime leader in the community. In addition to serving wealth clients, the location will provide broader financial expertise through mortgage, middle market, private banking, and small business relationship managers. The company also intends to expand the team and hire additional talent, making the pace of hiring at the new office a tangible indicator of how the Lancaster expansion develops time.

"We've seen firsthand how Lancaster's economy continues to flourish, from its thriving business scene to a steady wave of new residents choosing to call this city home," said Jamie Hopkins, Executive Vice President and Chief Wealth Officer at WSFS and Bryn Mawr Trust. "Our team is excited to grow alongside this community and help our neighbors build financial security for generations to come."

"Lancaster is a community on the rise, welcoming new residents and businesses who are building bright futures here, and access to the right banking and lending services is essential to that growth," said Shari Kruzinski, Executive Vice President and Chief Consumer Banking Officer at WSFS Bank. "As this community grows, our team is here to open doors, whether that means connecting clients with mortgage financing solutions, guiding a business through an SBA loan, or supporting an entrepreneur ready to take the next step. That is what 'We Stand for Service' means to us: standing beside our neighbors and investing in their success."

The Lancaster opening marks another key milestone for WSFS Bank and Bryn Mawr Trust. Last year, Bryn Mawr Trust opened a new office in Doylestown, Pennsylvania, to further expand its wealth and trust management, private banking, and investment services across the region. Taken together, the two openings point to a deliberate, multi-year regional build-out in which new Pennsylvania offices carry the combined wealth, private banking, and lending platform into additional communities.

Source: Global FinTech Series