---
schema_version: "secwatch.filing_event.v1"
accession: "0000828944-26-000020"
form_type: "8-K"
ticker: "WSFS"
cik: "0000828944"
company_name: "WSFS FINANCIAL CORP"
filed_at: "2026-06-11T21:13:59+00:00"
generated_at: "2026-06-11T21:17:07.200152+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# WSFS partners with Elan for credit cards, sells $36.3M portfolio; expects $1.7M gain

## Summary
- WSFS subsidiary enters partnership with Elan (U.S. Bank) to issue WSFS-branded credit cards.
- Agreement to sell existing credit card portfolio with outstanding balance of $36.3M as of May 31, 2026.
- Anticipates Q2 2026 gain of ~$1.7M and provision release of ~$1.3M from this transaction.
- Company expects no material impact on financial results moving forward.

## SEC filing metadata
- accession: 0000828944-26-000020
- form_type: 8-K
- ticker: WSFS
- cik: 0000828944
- company_name: WSFS FINANCIAL CORP
- filed_at: 2026-06-11T21:13:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/828944/000082894426000020/0000828944-26-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/828944/000082894426000020/wsfs-20260605.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000828944-26-000020
- JSON: https://secwatch.observer/filing/0000828944-26-000020.json
- Plain text: https://secwatch.observer/filing/0000828944-26-000020.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.