secwatch.observer — SEC 8-K summary
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Issuer:     WSFS FINANCIAL CORP (WSFS)
CIK:        0000828944
Form:       8-K
Filed at:   2022-01-03T23:59:59+00:00
Accession:  0001552781-22-000016
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 2.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WSFS completes acquisition of Bryn Mawr Bank Corp; adds three board members
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- Deal closed Jan 1, 2022; each BMTC share converted into 0.90 WSFS shares.
- WSFS now ~$20B in assets and ~$49B in assets under administration.
- Frank Leto (former CEO of Bryn Mawr), Lynn McKee, and Diego Calderin join WSFS Board.
- Systems integration and brand conversion expected in late Q1 2022.
- Bryn Mawr Trust wealth management clients to be served by same professionals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/828944/000155278122000016/0001552781-22-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/828944/000155278122000016/e21568_wsfs-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-22-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer