man and woman working at a desk

5 branches WSFS Financial Corporation

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Deal Overview

Buyer:
Bank of Princeton
Actual Acquirer:
Bank of Princeton
Target:
5 branches
Deal Type:
Bank & Thrift Branch
Seller:
WSFS Financial Corporation
Agreement Date:
2/2/2019
Announcement Date:
2/4/2019
Number of Target Branches
5
Branch Locations
Bordentown
NJ
Browns Mills
NJ
Chesterfield
NJ
Sewell
NJ
Sicklerville
NJ
Franchise Premium ($ 000)
14,123
Tangible Book Premium/ Deposits (%)
7.38
Status:
Completed
Completion Date:
5/17/2019

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 191,367
Total Assets ($ 000) 177,245
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer No NA
Seller Yes Boenning & Scattergood Inc.
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Stevens & Lee PC
Seller Yes Covington & Burling LLP