BETHLEHEM, Pa.--(BUSINESS WIRE)--Theresa A. Hasson, Director, Community Reinvestment for WSFS Bank in Wilmington, Del., received the 2017 Council’s Award from FHLBank Pittsburgh for excellence in community investment. Hasson received the award at one of FHLBank’s regional member golf outings. John Bendel, FHLBank director of community investment, spoke at the event about Hasson’s community achievements before presenting her with the award.
Hasson has spent twenty-eight years in financial services, most recently as Director of Community Reinvestment at WSFS Bank. She has focused her work on economic development, affordable housing and financial education programs that continue to enrich low-income communities. She is known as an expert in the Community Reinvestment Act and has seen several financial institutions achieve “outstanding” ratings from financial institution regulators. Hasson supports programs that serve and help women achieve financial goals including establishing safe and affordable banking relationships, reducing debt and achieving homeownership. Her dedication and commitment to community is evident through her service on nonprofit boards, including Westside Family Healthcare and the First State Community Loan Fund.
Named in recognition of FHLBank Pittsburgh’s Affordable Housing Advisory Council, FHLBank’s annual Council’s Award provides special recognition to an outstanding financial services professional who has demonstrated superior professional commitment and community spirit. The award highlights accomplishments and services in meeting FHLBank’s affordable housing and community investment mission.
About WSFS Financial Corporation
WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally managed bank and trust company headquartered in Delaware and the Delaware Valley. As of March 31, 2017, WSFS Financial Corporation had $6.85 billion in assets on its balance sheet and $17.57 billion in assets under management and administration. WSFS operates from 77 offices located in Delaware (46), Pennsylvania (29), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management. Other subsidiaries or divisions include Christiana Trust, WSFS Wealth Investments, Cypress Capital Management, LLC, West Capital Management, Powdermill Financial Solutions, Cash Connect®, WSFS Mortgage and Arrow Land Transfer. Serving the Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit wsfsbank.com.
About FHLBank Pittsburgh
As an intermediary between global capital markets and local lenders, FHLBank Pittsburgh provides readily available liquidity, as well as affordable housing and community development opportunities, to member financial institutions of all sizes in Delaware, Pennsylvania and West Virginia. The Bank is one of 11 banks in the Federal Home Loan Bank System, which was established by Congress in 1932 and serves as a reliable source of funds for housing, jobs and economic growth in all economic cycles. To learn more, visit www.fhlb-pgh.com.
