1. WSFS hires Kevin Stach as VP for middle market team. 2. Stach will target companies with revenues of $50-250 million. 3. His experience includes roles at SMBC Group and Bryn Mawr Trust. 4. New hire aims to enhance client relationships and drive growth. 5. WSFS emphasizes investment in talented staff for client success.
Hiring an experienced VP in a crucial market can enhance operational capacity and client relationships, leading to potential revenue growth. Historically, similar hires in the sector have resulted in positive stock performance due to increased client engagement and trust.
The hire of a seasoned executive like Stach suggests WSFS may bolster its competitive edge in commercial banking. Given the emphasis on family- and sponsor-owned businesses, this strategic move aligns with WSFS's growth objectives and can attract new customers, impacting stock performance positively.
The effects of Stach's hiring may positively influence WSFS's growth trajectory and market presence over time, especially in the growing middle market sector in Greater Philadelphia. As relationships strengthen, long-term clientele can increase, driving prolonged revenue growth.
WSFS Financial Corporation (NASDAQ:WSFS), the parent company of WSFS Bank, announced today the addition of industry veteran Kevin Stach to its growing middle market team. As Senior Vice President, Middle Market Senior Relationship Manager, Stach will be focused on serving family- and sponsor-owned companies with revenues between $50-250 million for the Greater Philadelphia area.
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WSFS Bank names Kevin Stach as Senior Vice President, Middle Market Senior Relationship Manager.
Prior to joining WSFS, Stach spent more than eight years in New York City as a Corporate Banking Relationship Manager with SMBC Group before joining Bryn Mawr Trust as a Relationship Manager. He also worked for KeyBank and Santander Bank. Stach will report to Jamie Tranfalia, Senior Vice President, Middle Market Team Leader.
"Kevin's mix of large corporate and middle market experience will help us drive outcomes for our clients by bringing to bear our full range of credit, treasury management, capital markets, and wealth management capabilities," said Tranfalia.
"Kevin's addition to our commercial banking team underscores our commitment to investing in top talent for our clients. Kevin's dedication to client success will help us strengthen relationships and fuel growth across the businesses we serve," added Jim Wechsler, WSFS Executive Vice President, Chief Commercial Banking Officer. "We're thrilled to have Kevin join our team and further deepen our industry expertise and client experience across the region."
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 headquartered bank and wealth management franchise in the Greater Philadelphia and Delaware region. As of June 30, 2025, WSFS Financial Corporation had $20.8 billion in assets on its balance sheet and $92.4 billion in assets under management and administration. WSFS operates from 115 offices, 88 of which are banking offices, located in Pennsylvania (58), Delaware (39), New Jersey (14), Florida (2), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management, and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Trust Advisors, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, WSFS Wealth Management, LLC, WSFS Institutional Services®, and WSFS Mortgage®. Serving the Greater 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 www.wsfsbank.com.
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Media:
Connor Peoples
(215) 864-5645
cpeoples@wsfsbank.com