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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000950116-97-000154.txt : 19970203
<SEC-HEADER>0000950116-97-000154.hdr.sgml : 19970203
ACCESSION NUMBER:		0000950116-97-000154
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19970129
ITEM INFORMATION:		Other events
FILED AS OF DATE:		19970131
SROS:			NONE

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:		97515794

	BUSINESS ADDRESS:	
		STREET 1:		838 MARKET ST
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19801
		BUSINESS PHONE:		3025717160

	MAIL ADDRESS:	
		STREET 1:		838 MARKET STREET
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19899

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	STAR STATES CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<TEXT>


<PAGE>

                       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)         January 29, 1997
                                                         ----------------    

                           WSFS FINANCIAL CORPORATION
            --------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)


    Delaware                      0-16668                       22-2866913
- ---------------           ------------------------         ---------------------
(State or Other           (Commission File Number)           (I.R.S. Employer
Jurisdiction of                                            dentification Number)
Incorporation)


838 Market Street, Wilmington, Delaware                              19899 
- ----------------------------------------                          ----------
(Address of Principal Executive Offices)                          (Zip Code)


Registrant's telephone number, including area code:       (302) 792-6000
                                                          --------------


                            Total number of pages 3.


<PAGE>


Item 5.  Other Events


    On January 29, 1997, the registrant announced that it has substantially
completed its previously announced 10% stock repurchase plan approved by the
Board of Directors on October 24, 1996.


<PAGE>


                                   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 hereunto duly authorized.


                                         WSFS Financial Corporation


Date:  January 30, 1997                  /s/   MARVIN N. SCHOENHALS
                                         -------------------------------------
                                                  Marvin N. Schoenhals
                                         President and Chief Executive Officer


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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