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June 16, 2014
16:34 EDTWSFSWSFS Financial receives approval from OCC to buy FNB of Wyoming
WSFS Financial, the parent company of WSFS Bank, announced The Office of the Comptroller of the Currency, or OCC, has approved WSFS Bank's application to merge with The First National Bank of Wyoming. The OCC's approval was the final regulatory approval required for WSFS to acquire FNB of Wyoming's parent company, First Wyoming Financial Corporation. The approval from the OCC follows approvals by the Federal Reserve and First Wyoming Financial Corporation shareholders. The transaction is expected to be meaningfully accretive to WSFS earnings per share in the first year of operations, after transaction and integration costs. WSFS expects little to no tangible book value dilution from the transaction. The acquisition is expected to be completed on September 5 and the conversion of FNB of Wyoming to WSFS Bank is expected to occur by September 8.
News For WSFS From The Last 14 Days
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February 19, 2015
17:12 EDTWSFSSeacoast Banking to appoint WSFS Financial's CFO Stephen Fowle as CFO
Seacoast Banking (SBCF) appointed Stephen A. Fowle as CFO for Seacoast and the Bank. Fowle will join Seacoast in April. William Hahl, Seacoast's current CFO, intends to retire and has agreed to continue to serve as Executive VP during a transition period, providing assistance as needed. Fowle is currently CFO of WSFS Financial (WSFS) since 2005.
16:53 EDTWSFSWSFS Financial CFO Steve Fowle to become Seacoast Banking CFO
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