it acquired Philadelphia-based West Capital Management. In August 2018, WSFS and Beneficial Bancorp, Inc., jointly announced the signing of a definitive agreement whereby WSFS would acquire Beneficial to create the largest and longest-standing locally headquartered community bank in the Greater Delaware Valley. At the time of the announcement, the acquisition was the third-largest bank deal of 2018. WSFS' acquisition of Beneficial was completed in March 2019 growing the bank to 152 locations in the market with $12.2 billion in assets. WSFS rebranded or consolidated all former Beneficial Bank locations to WSFS Bank on August 26, 2019. In March 2021, WSFS announced the acquisition of Bryn Mawr Bank Corporation for $976.4 million, further expanding the bank's footprint in the Philadelphia suburbs. At the time Bryn Mawr Bank Corp. operated 41 branches under the Bryn Mawr Trust name. WSFS plans to maintain the historic Bryn Mawr Trust office building in on Lancaster Avenue in Bryn Mawr, but anticipates closing as many as 30% of the combined companies' branches. The combined bank will control nearly 7% of bank deposits in the Philadelphia region. Memberships WSFS Bank is a member of the Federal Deposit Insurance Corporation, and is an Equal Housing Lender. WSFS Bank uses STAR and PLUS for its ATM transactions. References Banks established in 1832 American companies established in 1832 Banks based in Delaware Companies based in Wilmington, Delaware Companies listed on the Nasdaq 1832 establishments in Delaware