WSFS Financial Moves into Private Student Lending

WSFS Financial, which is the parent company of WSFS Bank, announced a Private Student Lending Solutions offering; the new offering will expand their current consumer business and they believe this will help bridge the gap created in the student lending space; WSFS is partnering with leading technology provider LendKey to leverage their application, disbursement and servicing of the loans; Rick Wright, WSFS executive vice president and chief retail banking officer, said, “We want to be that valued resource that customers turn to when they start the difficult process of figuring out how to fund college.” Source