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Following merger, WSFS welcomes 3 new board members

March 13, 2019 9:29 AM | Philanthropy Delaware (Administrator)

WSFS is a member of Philanthropy Delaware.

Following WSFS Financial Corporation’s acquisition of Beneficial Bank, Gerard P. Cuddy, Karen Dougherty Buchholz and Michael J. Donahue have joined the WSFS Board.

The three executives join the WSFS board in accordance with the acquisition agreement between WSFS and Beneficial that was completed on Friday, March 1.

“One of the many advantages we immediately gain from combining WSFS and Beneficial is the wealth of banking, leadership, operations and administrative experience of our new Board members from Beneficial,” said Mark A. Turner, executive chairman of the boards of directors for WSFS and WSFS Bank. “I join our Board and all of our WSFS Associates in welcoming Gerry, Karen and Mike to the WSFS family. Their leadership and long-time experience in our market will be resources upon which our Board will rely as we create the largest, premier, longest-standing community bank for the Greater Delaware Valley.”

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