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Press Release

May 22, 2008

WSFS Bank Announces Partnership in Summer Music Series in Lewes

WSFS Bank Announces Partnership in Summer Music Series in Lewes

WILMINGTON, Del., May 22, 2008 (PRIME NEWSWIRE) -- WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, announced a partnership with the City of Lewes to host the WSFS Bank Summer Music Series in Lewes, Delaware. Nearly 8,000 people are expected to attend the 17 planned concerts at Stango Park this summer.

The music series, which will begin at the end of May and run until the end of August, has been made possible by WSFS Bank, the City of Lewes Parks & Recreation Commission and the Delaware Division of the Arts. The series will highlight everything from concert bands to rock bands and feature small groups and large ensembles.

"We are thrilled to have this relationship with the City of Lewes and are so excited to be able to partner to present the Summer Music Series," said Janis Julian, Senior Vice President of Community Relations for WSFS Bank. "This is precisely the type of event that reinforces our strong commitment to building and strengthening our communities."

"We are pleased to announce this collaboration," said concert coordinator Jon Woodyard. "The first performance, featuring the Cape Henlopen Jazz Band, is scheduled for 7:00 pm on May 27 at Stango Park, located behind the Lewes Public Library."

WSFS Bank continues to strengthen its presence in Sussex County with banking offices in Lewes, Rehoboth and Long Neck. "The Bank continues to be active in the community and has enjoyed a warm welcome from Lewes-area residents," said Julian.

For more information or concert details please visit a Sussex County WSFS banking office, call the Lewes Public Library at (302) 645-2733 or attend the first concert on May 27th for a schedule.

About WSFS Financial Corporation

WSFS Financial Corporation is a $3.2 billion financial services company. Its principal subsidiary, Wilmington Savings Fund Society, FSB, currently operates 33 retail banking and loan production offices in Delaware, as well as Southeastern Pennsylvania and Northern Virginia, providing comprehensive banking services including wealth management and personal trust services. Other subsidiaries include WSFS Investment Group, Inc. and Montchanin Capital Management, Inc. Founded in 1832, WSFS is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit the Bank's website at www.wsfsbank.com.

WSFS Financial Corporation
Stephanie Arnold
(302) 571-5259

Source: Globe Newswire (May 22, 2008 - 3:28 PM EDT)

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