Delaware company completes merger with Bryn Mawr Bank Corp.

Delaware-based WSFS Financial Corp., a financial services company, recently completed its approximately $976.4 million merger with Bryn Mawr-based Bryn Mawr Bank Corp.

The Bryn Mawr Trust Company provides retail and commercial banking, trust administration and wealth management, and insurance and risk management solutions. It operates 41 banking locations, seven wealth management offices, and two insurance and risk management locations in Pennsylvania and New Jersey.

“This completes our process to thoughtfully integrate and optimize our branch network, providing comprehensive coverage to serve our customers and grow our franchise through 88 banking office locations and more than 650 WSFS-branded ATMs across the region,” Shari Kruzinski, WSFS Bank executive vice president and chief consumer banking officer, said.

WSFS consolidated approximately 30 percent of the combined banking offices because of geographic overlap. Thirty-six locations closed in 2022, and the final four locations will officially close on May 24. They include locations in Newtown Square and Willow Grove.

Employees working at the four locations will be re-assigned.

Bryn Mawr President and CEO Frank Leto joins the WSFS Financial and WSFS Bank boards of directors.

WSFS operates 61 banking offices in Pennsylvania. It offers commercial banking, retail banking, cash management, and trust and wealth management.