According to a study from WSFS Bank examining Mid-Atlantic small business trends, nearly half of respondents (45%) are considering new loans to reinvest in their businesses by purchasing equipment.
Steven J. Cunningham has been named senior vice president, director of small business administration (SBA) sales at WSFS Bank, the primary subsidiary of WSFS Financial Corporation, reporting to Candice Caruso, senior vice president, chief retail lending officer.
WSFS Bank promoted Jim Wechsler to senior vice president and chief operating officer for commercial banking, Candice Caruso to senior vice president and chief retail lending officer and Anthony Ryan to senior vice president and director of retail lending strategy and operations.
Candice Caruso has been named vice president, director of Government Guaranteed Lending at WSFS Bank in Delaware.