Item 7.01 Regulation FD Disclosures

On May 20, 2020, WSFS Bank, the primary subsidiary of WSFS Financial Corporation (the "Registrant" or "WSFS"), announced that as of May 15, 2020, more than 4,800 new and existing WSFS Customers have secured nearly $1.0 billion in Paycheck Protection Program (PPP) loans for their businesses.



The WSFS Customers' PPP loans averaged under $200,000 and almost 99 percent of
the loans were under $2.0 million, while 82 percent were under $250,000 and 63
percent were under $100,000. They were primarily disbursed to businesses in
Delaware and the greater Philadelphia region. Loan approvals by state are as
follows:

                               May 15, 2020
State             PPP Loan Approvals      PPP Loan Totals (in millions)
Pennsylvania                  2,064       $                    427.9
Delaware                      1,971                            401.8
New Jersey                      616                             94.2
Maryland                        103                             20.4
Other                            79                             18.1

For more than 188 years, WSFS has stood ready to serve our Customers and local communities. Our Associates are continuing that tradition by diligently working on PPP applications for small businesses in addition to customer relief programs in its commercial and retail portfolios, such as payment deferrals or interest only payments on loans and leases. Businesses interested in applying for a PPP loan or other customer relief programs are encouraged to visit WSFS' CARES Act for Businesses resource page at https://www.wsfsbank.com/help-guidance/covid-19#cares-business for more information.

For more information about the steps WSFS has taken to keep our Associates and Customers informed and safe, please visit wsfsbank.com.

The information is being furnished under Item 7.01 of this Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and such information shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

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