-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, It9sdMLld7iRPbwZUl5UXhRq/LmdCdgYILWhUvrUtkMzh4cYCE1FRXgSYIDgDt4m 8NFie644ULzd7/WdqIS8+Q== 0000946275-02-000504.txt : 20021106 0000946275-02-000504.hdr.sgml : 20021106 20021106150632 ACCESSION NUMBER: 0000946275-02-000504 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20021105 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WSFS FINANCIAL CORP CENTRAL INDEX KEY: 0000828944 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 222866913 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16668 FILM NUMBER: 02811073 BUSINESS ADDRESS: STREET 1: 838 MARKET ST CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: 3027926000 MAIL ADDRESS: STREET 1: 838 MARKET STREET CITY: WILMINGTON STATE: DE ZIP: 19801 FORMER COMPANY: FORMER CONFORMED NAME: STAR STATES CORP DATE OF NAME CHANGE: 19920703 8-K 1 f8k_110602-0312.txt 8K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) November 5, 2002 WSFS Financial Corporation - -------------------------------------------------------------------------------- (Exact name of Registrant as specified in its Charter) Delaware 0-16668 22-2866913 - ----------------------------- -------------- ---------------- (State or other jurisdiction (SEC File No.) (IRS Employer of incorporation) Identification Number) 838 Market Street, Wilmington, Delaware 19899 - --------------------------------------- --------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (302)792-6000 ------------- Not Applicable - ------------------------------------------------------------------------------- (Former name or former address, if changed since last Report) WSFS FINANCIAL CORPORATION INFORMATION TO BE INCLUDED IN REPORT ------------------------------------ Item 5. Other Events - --------------------- On November 5, 2002, the Registrant announced that it had consummated the sale of its C1FN/Everbank branchless national banking segment. For further details, reference is made to the Press Release dated November 5, 2002, which is attached hereto as Exhibit 99 and incorporated herein by this reference. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits - -------------------------------------------------------------------------------- Exhibit 99 -- Press Release dated November 5, 2002. - ---------- -2- SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized. WSFS FINANCIAL CORPORATION Date: November 6, 2002 By: /s/Mark A. Turner ---------------- ------------------------------ Mark A. Turner Chief Operating Officer Chief Financial Officer -3- EX-99 3 ex99.txt PRESS RELEASE WSFS FINANCIAL CORPORATION 838 Market Street, Wilmington, DE 19899 For Release: November 5, 2002 Contact: Mark A. Turner (302) 571-7160 WSFS ANNOUNCES CLOSING OF C1FN/EVERBANK SALE WSFS Financial Corporation (NASDAQ/NMS: WSFS), the parent company of Wilmington Savings Fund Society, FSB (WSFS), reported that the previously announced sale of its C1FN/Everbank branchless national banking segment to Alliance Capital Partners, Inc., the privately-held parent company of First Alliance Bank, a federally chartered savings bank, closed on November 5, 2002. Total assets of the sold segment at September 30, 2002 were approximately $345 million, including net loans of $18 million; deposits at that same date were approximately $340 million. As anticipated, WSFS expects to record a modest gain in the fourth quarter 2002 related to the operation and sale of this segment. This transaction is consistent with the Company's strategic direction and other recent actions to focus resources on WSFS' core community bank in and around Delaware. WSFS Financial Corporation is a $1.6 billion financial services company. Its principal subsidiary, Wilmington Savings Fund Society, FSB, currently operates 21 retail banking offices in New Castle County and Dover, Delaware, as well as Chester and Delaware Counties in Pennsylvania. Other operating subsidiaries include WSFS Credit Corporation; Wilmington Finance, Inc.; and WSFS Investment Group, Inc. For more information, please visit the Bank's website at www.wsfsbank.com. * * * Statements contained in this news release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, factors discussed in documents filed by WSFS Financial Corporation with the Securities and Exchange Commission from time to time. The Corporation does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Corporation. # # # -----END PRIVACY-ENHANCED MESSAGE-----