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 hired Kevin McKeown as senior vice president, director of healthcare banking, reporting to Jim Wechsler, senior vice president, chief operating officer, commercial banking.
WSFS Bank hired Shilpa Kumar as senior vice president and head of corporate finance. Most recently, Kumar served as head of financial planning and analysis at Citadel Credit Union, where she managed a $4 billion asset portfolio.
WSFS Bank named Liam Brickley senior vice president and chief credit officer. Brickley joined WSFS as part of its combination with Bryn Mawr Trust, where he most recently served as senior vice president and chief credit officer.
WSFS Financial completed the brand conversion and systems integration of Bryn Mawr Trust into its primary subsidiary, WSFS Bank.
WSFS Bank, the primary subsidiary of WSFS Financial, promoted 12 associates from across the organization to senior vice president positions.
WSFS Bank promoted Christine E. Davis to executive vice president and chief risk officer. Davis is a certified public accountant and has been with WSFS for nearly 23 years, holding many different roles within its internal audit division.