Baylis Joins WSFS as VP of Business Banking and Middle Market Lending

Jan 04, 2002, 00:00 ET from WSFS Financial Corporation

    WILMINGTON, Del., Jan. 4 /PRNewswire/ -- WSFS Financial Corporation
 announces the hiring of M. Scott Baylis as vice president of Business Banking
 and Middle Market Lending at Wilmington Savings Fund Society, FSB (WSFS). "My
 main goal at WSFS is to establish a new loan portfolio for which I will serve
 as the relationship manager," says Baylis.
     With over 15 years' experience in the banking industry, Baylis was most
 recently vice president in the Corporate Banking department at PNC Bank.  He
 also worked in the Community Business and Commercial Lending divisions at the
 Wilmington Trust Company.
     Baylis is confident of his ability to attract new small business customers
 to WSFS.  "I plan to increase the exposure of the small business products and
 services available at WSFS to both prospects and referral sources," says
 Baylis.  Working jointly with other departments to increase cross selling
 successes, Baylis wants to expand the range of investment and loan products
 available to WSFS clients and prospects.
     To bring more value to customers, Baylis will also explore mutually
 beneficial business partnerships with outside vendors to offer other
 recognized, proven financial products alongside WSFS' own.  "In addition to
 enabling WSFS to compete for all types of clients, these partnerships will
 allow us to offer the product sets of a large financial institution while
 maintaining all the advantages of community banking for our business
 customers," explains Baylis.
     Baylis received a BS in economics from the University of Delaware and an
 MBA in business administration from Wilmington College.  A member of the
 Delaware Contractors Association, Baylis is active in the community through
 involvement in the Better Business Bureau and the Make-A-Wish Foundation
     WSFS Financial Corporation is a $1.9 billion financial services company.
 Its principal subsidiary, WSFS, operates twenty-seven retail-banking offices
 in New Castle County and Dover, Delaware, as well as Chester, Delaware and
 Montgomery Counties in Pennsylvania.  Other operating subsidiaries include 838
 Investment Group, Inc; Wilmington National Finance Inc.; Customer One
 Financial Network, Inc.; and WSFS Credit Corporation.  For more information,
 please visit the WSFS website at
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SOURCE WSFS Financial Corporation